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Forbes Topline

How The Fortunes Of America's Richest Self-Made Women Grew To A Record $154 Billion

Forbes Topline

Forbes

News, Entrepreneurship, Business, Business News

4.86 Ratings

🗓️ 31 May 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

It was a record-breaking year for these queens of capitalism, as their combined fortunes soared by nearly one-fourth to $154 billion and the minimum to make the list jumped more than 35%. The country’s most successful women have found dozens of ways to prosper. Nearly three-fourths of the 100 women on the list started or confounded a company, while 22 are chief executives or co-chief executives. A healthy stock market helped push the combined fortunes of members of Forbes’ tenth annual list of America’s Richest Self-Made Women to a record $154 billion, up nearly 25% from last year. The minimum to qualify rose to $300 million, up from $225 million last year, the highest since Forbes started tracking the top 100 in 2020. Seventy-three members are richer than they were in 2023, while just ten saw their fortunes fall. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The country's most successful women have found dozens of ways to prosper in 2024.

0:04.0

It was a record-breaking year for these queens of capitalism, as their combined fortunes soared by nearly one-fourth to $154 billion. billion. Hi everybody, I'm Brittany Lewis, a reporter here at Forbes.

0:17.0

Joining me now is my colleague Assistant Managing Editor Carrie Dole.

0:21.0

Carrie, thank you so much for joining me.

0:22.0

Thanks, Brittany for joining me. Thanks, Brittany, for having me.

0:24.8

Of course, I first have to extend a big congratulations.

0:28.7

Forbes just released its 10th annual America's richest self-made women list. So big

0:33.9

congrats to you I know that's a huge undertaking but first I want you to

0:37.6

answer how does one qualify for the list? So what by-made women, what we mean is somebody who did not inherit their fortune.

0:48.6

So we include people who founded their own companies.

0:52.5

We include entertainers like Taylor Swift and Saline Dion.

0:57.6

We also include people who maybe didn't found their own companies,

1:02.0

but were hired into positions at

1:05.4

companies like Facebook or eBay, Meg Whitman, former CEO of eBay, Cheryl

1:10.6

Sandberg, former CEO of Facebook's,

1:13.6

books like that are on our list.

1:15.8

I know that there is a number system

1:17.6

to show just how self-made a woman is.

1:20.2

Can you describe that a little deeper there?

1:22.8

So for our self-made scores, we look at just how self-made people are.

1:27.9

Some people came from poverty.

1:30.7

I mean, people like Oprah who came from nothing, right? So they get a 10.

...

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