Top Rich Business Women Worldwide

Women are forging ahead in the business realm, with a surge in female entrepreneurs and executives shattering the glass ceiling. These wealthy women, billionaire women, and successful business women have not only built substantial fortunes but have also become pivotal female entrepreneurs and women in leadership positions1.

The top 10 richest women globally boast net worths from $86.5 billion to $28.4 billion, highlighting the financial triumphs of these female pioneers1. Among the top 10 wealthiest women, the majority hail from the United States, with others from France, Australia, and India, underscoring the global and diverse success of these successful business women.

These women have excelled in a broad spectrum of sectors, including cosmetics, retail, mining, and more. Their wealth stems from diverse sources, such as inherited fortunes, to their own entrepreneurial endeavors and brand creations.

Key Takeaways

• Women account for over 13% of the world’s billionaires, and their wealth is growing
• The top 10 richest women have a combined net worth of over $450 billion
• The wealthiest women have built their fortunes in diverse industries like cosmetics, retail, and mining
• The majority of the top 10 wealthiest women are from the United States
• Women are making significant strides as successful business women and female entrepreneurs

Introduction: Who are the Most Wealthy Women Entrepreneurs?

The business world is witnessing a significant shift, with a surge in the number of wealthy women entrepreneurs. These women, hailing from varied backgrounds, have built substantial fortunes through strategic investments and astute business decisions. In some cases, they’ve expanded family legacies. In the U.S., women-owned businesses are expanding at an impressive rate, contributing nearly $3 trillion to the economy and supporting 23 million jobs.

Overview of the Wealthiest Women in Business Globally

From real estate to cosmetics and mining, the wealthiest women entrepreneurs dominate various sectors. Zhang Xin, with a $1.1 billion fortune, has made her mark in Chinese real estate development. Kiran Mazumdar-Shaw, with a net worth of $2.6 billion, founded Biocon, India’s leading biopharmaceutical company. Janice Bryant Howroyd’s ActOne Group was the first Black female-led company to hit $1 billion in revenue.

Factors Contributing to Their Remarkable Financial Success

These affluent women have broken barriers, proving that females can reach the pinnacle of wealth and influence in business4. Yet, they face hurdles, with 31% of women business owners doubting their future access to capital. On average, they anticipate full capital access by 20374. Their success is a reflection of their resilience, innovation, and drive to excel in a male-dominated business landscape.

The world’s top women entrepreneurs have left their indelible mark across various sectors, from media and entertainment to technology and mining5. The 2021 Forbes list saw 328 women billionaires, a 36% increase from the previous year, with 63 newcomers5. These female billionaires collectively boast a net worth of $1.53 trillion, highlighting their significant financial achievements5.

Françoise Bettencourt Meyers: The Cosmetics Empire Heiress

Françoise Bettencourt Meyers, Eugène Schueller’s granddaughter and L’Oréal’s founder, stands as the wealthiest woman globally, with a net worth of about $100 billion. Her fortune largely stems from her 35% stake in L’Oréal Group, the cosmetics giant, which hit $44 billion in sales in 20236. Despite a $658 million drop in her wealth, she remains in the 14th spot on the Bloomberg list of the wealthiest.

Her wealth mainly comes from inheriting a third of L’Oréal from her mother, Liliane Bettencourt, another L’Oréal heiress. This stake has cemented the family’s powerful role in the cosmetics industry. Françoise Bettencourt Meyers holds a key position on L’Oréal’s board.

Beyond business, Bettencourt Meyers has explored various intellectual interests, writing about Greek mythology, Judaism, and Catholicism. Her diverse pursuits highlight her talents and passions, extending well beyond her business legacy.

The 2023 release of “The Billionaire, The Butler, and The Boyfriend” on Netflix spotlighted the Bettencourt family’s drama, underscoring Françoise Bettencourt Meyers’ significant role in the cosmetics industry and among French billionaires.

Her journey as the world’s wealthiest woman has made her a trailblazer in the cosmetics industry and a key figure among French billionaires. Her dedication to her family’s legacy and her intellectual endeavors have solidified her status as a multifaceted and influential global leader.

“Françoise Bettencourt Meyers has written books on topics like Greek mythology, Judaism, and Catholicism, showcasing her intellectual pursuits beyond being a business heiress.”

Alice Walton: The Wal-Mart Retail Magnate

Alice Walton, the only daughter of Walmart founder Sam Walton, is the second richest woman in the world with a net worth of $72.3 billion. Unlike her brothers, who have been actively involved in Walmart’s day-to-day operations, Walton has focused her efforts on art and philanthropy. She is known for opening the Crystal Bridges Museum of American Art in her hometown of Bentonville, Arkansas, which features works from renowned artists.

Walton’s wealth largely comes from her inheritance and ownership of Walmart shares. The three Walmart heirs, including Rob Walton, Jim Walton, and Alice Walton, collectively possess over $250 billion in combined wealth. Walton ranks 19th on Bloomberg’s list of billionaires and is the second-richest woman globally following L’Oréal heiress Françoise Bettencourt Meyers.

Beyond her business interests, Walton has made significant contributions to the art world. In 2011, she opened the $50 million Crystal Bridges Museum of American Art, which houses her $500 million art collectio9. In 2014, Walton purchased a Georgia O’Keeffe artwork for $44.4 million, setting a record for the most expensive sale of a piece by a female artist. Walton has also donated millions to various causes, including arts, education, and health, through her charitable organization, the Alice L. Walton Foundation9.

Despite her vast wealth and influence, Alice Walton has chosen to maintain a relatively low profile, focusing on her passion for art and philanthropy. Her dedication to preserving and promoting American art through the Crystal Bridges Museum has cemented her legacy as a philanthropist and cultural leader98.

Julia Koch: The Energy Industry Heiress

Julia Koch, an American philanthropist, has built an impressive net worth of $64.3 billion. She inherited this fortune after her husband, David Koch, passed away in 2019. At that time, she and their three children took a 42% stake in the influential conglomerate Koch Industries. Before inheriting, Julia Koch worked as an assistant to fashion designer Adolfo Sardiña.

Now, as the president of the David H. Koch Foundation, Julia Koch focuses on supporting causes like the arts, education, and medical research. Her involvement in the energy industry and her philanthropic work have made her a notable figure in American business and society.

Her Stake in Koch Industries and Family Inheritance

After David Koch’s death in 2019, his widow Julia Koch and their three children inherited a 42% stake in Koch Industries. This inheritance has elevated Julia Koch to the ranks of the world’s wealthiest individuals, with a net worth of $64.3 billion. She is now among the top 10 richest women globally.

Philanthropic Activities and Interests

Julia Koch is also renowned for her philanthropic efforts. As the president of the David H. Koch Foundation, she directs the organization’s support for the arts, education, and medical research. Her commitment to charitable work and her aim to positively impact society have made her a leading American philanthropist.

“I’m very fortunate and very grateful. And I try to use that fortune and that gratitude to do good in the world.” – Julia Koch

Jacqueline Mars: The Confectionery Conglomerate Heiress

Jacqueline Mars, the granddaughter of Franklin Clarence Mars, who founded Mars Incorporated, is among the wealthiest women globally. Her net worth is estimated at $22 billion, placing her second on the list of the richest women in the U.S. She owns about 30% of the Mars candy empire, which includes famous brands like M&M’s, Snickers, and Skittles.

For 20 years, Jacqueline Mars worked for the family business, serving on the board until 2016. Her wealth and influence in the candy industry have made her a notable figure in American business. Despite her vast success, she keeps a low public profile, focusing on philanthropy and supporting charitable causes.

As the American heiress to the Mars Inc. candy industry fortune, Jacqueline Mars’ story highlights the strength of family businesses and strategic investments. Her wealth and influence have placed her among the top rich business women worldwide. Her net worth increased by $200 million to $38.5 billion as of April 24.

“The secret to my family’s success is that we’ve always been in the business of bringing people together and creating moments of happiness and joy.” – Jacqueline Mars

The most rich business women in the world

The top richest businesswomen and female billionaires have amassed over $500 billion in wealth. These top women in business hail from various sectors, including cosmetics, retail, mining, energy, and investment. Many inherited their wealth, but a growing number are self-made entrepreneurs who built their fortunes from scratch.

Rafaela Aponte-Diamant of Switzerland tops the list as the richest self-made female billionaire, with a net worth over $28 billion. Diane Hendricks and Judy Love follow, ranking as the second and third wealthiest self-made women in the U.S.

Other notable self-made richest businesswomen include Tatyana Bakalchuck of Russia and Wu Yajun of Longfor Properties, both ranking among the top 6 richest self-made women globally. In the U.S, Meg Whitman, former CEO of Ebay and Hewlett-Packard, is the 11th richest self-made woman.

Chinese female billionaires also stand out, with Zhong Huijuan and Wang Laichun among the top 8 richest self-made women in China. Jian Jun, Fan Daidi, and Zhao Yan are notable figures in the Chinese biotech sector.

The success of these top women in business inspires aspiring entrepreneurs worldwide. Initiatives like the Women Entrepreneurs Opportunity Facility (WEOF) and Goldman Sachs 10,000 Women program support and empower female billionaires and richest businesswomen globally15.

As female billionaires and top women in business continue to break barriers, their stories highlight the immense potential and contributions of women in the business world14.

“The remarkable success stories of these top women in business serve as an inspiration for aspiring entrepreneurs and a testament to the growing influence of women in the global business landscape.”

MacKenzie Scott: The E-commerce Pioneer

MacKenzie Scott boasts an impressive net worth of $35.6 billion, ranking her as the fifth wealthiest woman globally. Following her 2019 divorce from Jeff Bezos, she acquired 4% of Amazon’s shares, a significant portion of his empire. This move marked the beginning of her philanthropic journey, where she has dedicated herself to giving away most of her vast wealth.

Her Divorce Settlement and Amazon Fortune

MacKenzie Scott’s financial ascent is largely due to her marriage to Jeff Bezos, the Amazon founder. Her 4% stake in Amazon, a result of their 25-year union, catapulted her into the ranks of the world’s wealthiest individuals.

Philanthropic Initiatives and Giving Pledge

MacKenzie Scott has distinguished herself as a leading philanthropist, surpassing $17.3 billion in lifetime donations. Her commitment to philanthropy is marked by unrestricted donations across various causes, including racial equity, gender equality, climate change, and public health. Critics laud her approach for its effectiveness and the autonomy it grants to recipients in utilizing the funds.

“I have a disproportionate amount of money to share. My approach to philanthropy will continue to be thoughtful. It will take time and effort and care. But I won’t wait. And I will keep at it until the safe is empty.” – MacKenzie Scott, Philanthropist

Gina Rinehart: The Mining Mogul

Gina Rinehart, an Australian mining magnate, has emerged as a dominant figure in the global business sphere. With a net worth of $30.2 billion, she stands as the seventh richest woman globally and Australia’s wealthiest individual. She has transformed her family’s mining firm, Hancock Prospecting, into a significant force in the Australian mining sector.

Her ascent to prominence is characterized by exceptional business skills and strategic investments. In 2012, her wealth peaked at A$29 billion, positioning her as Australia’s wealthiest person. Although her fortune declined to US$14.8 billion in 2019, it rebounded to over A$37 billion by May 2023. Forbes has consistently ranked her among the world’s ten wealthiest women, placing her 48th on the “World’s 100 most powerful women” list in 2023.

Rinehart’s influence extends beyond mining. She has made strategic investments in media and telecommunications. In 2010, she acquired a 10% stake in Ten Network Holdings and a significant share in Fairfax Media, increasing her Fairfax stake to over 12% and becoming the largest shareholder. Her diverse investments and steadfast support for the mining industry have cemented her status as an Australian business icon.

Her role in Hancock Prospecting and the Australian mining industry

Hancock Prospecting, founded by Rinehart’s father, has been pivotal to her success. Under her leadership, it has become a leading entity in the Australian mining sector. The company now controls 50% of the Hope Downs mine and shares 50% of its profits. Hancock Prospecting has also acquired a near-17% stake in Liontown Resources Ltd., a burgeoning lithium producer, broadening its mining portfolio19.

Rinehart’s impact in the mining industry goes beyond her company. She was ranked 37th on Forbes’ “World’s 100 most powerful women” list in 2015 and has been Australia’s wealthiest person since 2020. Her strategic investments and steadfast commitment to mining have established her as a mining mogul, influencing the industry in Australia and globally.

Miriam Adelson: The Casino and Hospitality Magnate

Miriam Adelson, an American-Israeli billionaire, has become a dominant figure in the casino industry after her husband Sheldon Adelson’s death. Sheldon was the former chief executive of Las Vegas Sands. With a net worth of $30 billion, Miriam is now the fifth-richest woman in America and the wealthiest Israeli.

Sheldon and Miriam Adelson were renowned for their significant political donations. Sheldon made 848 campaign contributions, while Miriam contributed 717 during their marriage. Sheldon donated $273 million to political campaigns, and Miriam has given $284 million, making her a top political donor in the U.S.

Miriam Adelson’s philanthropy goes beyond politics. In 2012, she donated $46 million to GOP causes, more than twice as much as the next 15 women donors combined. The Adelson family has also supported various causes, including a $5 million donation to Trump’s inauguration in 2016.

The Adelson family’s impact on the casino industry and politics has made Miriam a notable figure in business. With a net worth of around $32 billion, including family trusts, she is the fifth-richest woman in the U.S. and the 35th-richest billionaire globally.

Miriam Adelson’s role as a casino and hospitality magnate is evolving. Recently, the Adelson family, along with the Dumont family, acquired a majority stake in the Dallas Mavericks basketball team for $3.5 billion. This move further establishes Miriam Adelson as a significant figure in American business.

“I’m a woman who has been very involved in the casino industry, and I’m proud of that. I’m proud of what my husband and I have built together.” – Miriam Adelson

Savitri Jindal: The Steel Industry Matriarch

Savitri Jindal, the widow of Om Prakash Jindal, has risen to prominence in the Indian business world. After her husband’s death in a helicopter crash, she took on a key leadership role in the Jindal Group. This has made her a respected figure in the steel industry.

Her Leadership in the Jindal Group Conglomerate

Her net worth is a staggering $40 billion as of June 2024, making her India’s wealthiest woman. Under her guidance, the Jindal Group has thrived, with Jindal Steel ranking as the country’s third-largest steel producer. The company’s revenue has quadrupled under her leadership, showcasing her business acumen and leadership skills.

Savitri Jindal’s strategic vision has elevated the Jindal Group to new heights. Founded in 1952, the company now spans steel, power, mining, oil, and gas sectors. Her leadership has been pivotal in expanding the company, steering it through challenges and seizing opportunities.

Her sons, Prithviraj, Sajjan, Ratan, and Naveen Jindal, each manage a division of the O.P. Jindal Group, reflecting the family’s deep business involvement. Despite their individual roles, Savitri Jindal remains crucial in the company’s overall strategy and decision-making.

Savitri Jindal’s impact has been globally recognized. The Jindal family ranks 50th globally and Savitri as India’s richest woman as of 3 March 2024. Her rise from a steel industry heiress to a respected business leader inspires women and entrepreneurs worldwide.

“Under Savitri Jindal’s visionary leadership, the Jindal Group has become a force to be reckoned with in the steel industry. Her strategic acumen and unwavering commitment to excellence have propelled the company to new heights, cementing its position as a global player.”

Rafaela Aponte-Diamant: The Shipping Industry Visionary

Rafaela Aponte-Diamant, a Swiss businesswoman, has made a lasting impact in the shipping industry. Her net worth stands at $33.1 billion. She is the seventh richest woman globally and a self-made billionaire.

Co-founding the Mediterranean Shipping Company Empire

Her success is closely tied to the Mediterranean Shipping Company (MSC), a global maritime empire. She co-founded it with her husband, Gianluigi Aponte, in 1970. Starting with a $200,000 loan, they’ve grown MSC into the world’s largest shipping line. This showcases their entrepreneurial vision and drive.

Aponte-Diamant’s dedication to the shipping industry has made her a leading figure. She is one of the most influential self-made billionaires26. Despite women making up only 13% of the world’s billionaires, her success inspires aspiring entrepreneurs worldwide.

“Rafaela Aponte-Diamant’s entrepreneurial journey is a true testament to the power of vision, determination, and strategic execution in the shipping industry.”

Aponte-Diamant’s journey in the shipping industry has made her a significant force. It has also inspired other women to pursue entrepreneurship26. As the industry evolves, her leadership and vision will continue to shape its future.

Abigail Johnson: The Investment Powerhouse

Abigail Johnson, the heir and current chief executive of American investment firm Fidelity Investments, boasts a net worth of $28.6 billion. This makes her the tenth richest woman globally. She assumed the CEO role in 2014, following the passing of her father, Edward “Ned” Johnson III. She now owns a significant 28.5% stake in the firm, which manages a staggering $4.9 trillion in assets. Founded by her grandfather in 1946, Fidelity has grown under her leadership.

Under Abigail Johnson’s guidance, Fidelity has thrived by embracing technology and innovation in financial services. She has expanded the company into digital assets such as cryptocurrencies and blockchain technology27. Her personal wealth exceeds $22 billion, and the company she leads employs 45,000 people worldwide.

In 2015, Abigail Johnson launched the Boundless program to attract young women to the financial services sector. This initiative aims to encourage young women to pursue careers in the investment industry. It reflects Johnson’s commitment to diversity and inclusion28. She is also ranked sixth on the Forbes list of the world’s most powerful women, highlighting her influential role in the investment industry.

Through her leadership at Fidelity Investments, Abigail Johnson has cemented her status as a true investment powerhouse. She has driven innovation and championed diversity within the financial services industry. As a prominent American billionaire, her achievements and philanthropic efforts continue to significantly influence the investment landscape.

Conclusion

The stories of the world’s wealthiest women entrepreneurs and leaders are truly inspiring. They show the vast potential and impact of female innovators and visionaries. From Françoise Bettencourt Meyers, who built a cosmetics empire, to Alice Walton in retail and Gina Rinehart in mining, these wealthy women have broken barriers and thrived in various sectors.

Many of these women started with inherited wealth, but others have made their mark as female entrepreneurs and pioneers. They’ve overcome gender-based hurdles to achieve significant financial success. Their stories highlight the crucial role that successful businesswomen play in the global economy and society.

As we face ongoing gender inequality and the lack of women in leadership, the success of these billionaire women offers hope and motivation. Their paths show that with determination, innovation, and a drive for positive change, women can reach the top of the business world.

FAQ

What percentage of the world’s billionaires are women?

Women comprise just over 13% of the global billionaires.

How much wealth have the 10 richest women in the world amassed?

The 10 richest women globally have amassed over 505 billion in wealth.

What industries do the world’s wealthiest women dominate?

The wealthiest women dominate industries like cosmetics, retail, mining, and more.

Where are the majority of the top 10 wealthiest women from?

The top 10 wealthiest women are mainly from the United States. The remaining are from France, Australia, and India.

What are the sources of wealth for the world’s wealthiest women?

Wealth for the world’s richest women comes from inherited fortunes, building their businesses, and creating brands.

Who is the world’s richest woman and what is the source of her wealth?

Françoise Bettencourt Meyers, Eugène Schueller’s granddaughter, is the richest woman with a 100 billion net worth. Her wealth stems mainly from her 35% stake in L’Oréal Group.

What is Alice Walton’s net worth and background?

Alice Walton, Sam Walton’s only daughter, is the second richest woman with a 72.3 billion net worth. She focuses on art and philanthropy, unlike her brothers who run Walmart.

Who is Julia Koch and how did she acquire her wealth?

Julia Koch, an American philanthropist, has a 64.3 billion net worth. After David Koch’s death in 2019, she and her children inherited a 42% stake in Koch Industries, a conglomerate with diverse operations.

What is Jacqueline Mars’ net worth and connection to the Mars Incorporated empire?

Jacqueline Mars, with a 38.5 billion net worth, owns about 30% of Mars Incorporated. She’s the granddaughter of Franklin Clarence Mars, the company’s founder, behind brands like M&Ms and Snickers.

How much has MacKenzie Scott given away in philanthropic donations?

MacKenzie Scott, with a .6 billion net worth, has given away over 17.3 billion. After her divorce from Jeff Bezos, she received Amazon shares and vowed to donate most of her wealth.