The fair sex strengthens the place in the world rank of billionaires.
According to Forbes, more than 227 women were included in the list of billionaires in 2017, and in 2018, their number became even greater – 256.
It’s wonderful that the list of billionaires, which mainly consists of men, gets enlarged by women who have proved to the whole world that they can work well and develop their business as well as anyone else.
We would like to bring to your attention 5 female entrepreneurs who made the most money in 2018.
5 Female Entrepreneurs Who Made The Most Money In 2018
1. Alice Walton
Alice Walton is the daughter of the founder of Walmart Inc that controls the largest wholesale and retail distribution chain in the world.
Over the period of the past year, Alice has greatly increased her wealth, as the common-stock value of the company’s shares increased by 43%, which brought an extra $ 12.2 billion to the entrepreneur.
Nowadays, Walmart creates more and more new products and services and is dynamically developing in the field of e-commerce.
Alice Walton is known for funding political companies and a passion for art. When she was only 10 years old, she purchased an art reproduction of Pablo Picasso “Blue Nude”.
Today, the personal collection of Alice Walton includes numerous artworks, which in total cost hundreds of millions of dollars.
About 7 years ago, Walton opened the Crystal Bridges Museum of American Art in Bentonville, Arkansas. Be sure to visit the museum with your loved one.
In case you do not have such a person, consider modern online dating terms and find a beloved!
2. Francoise Bettencourt Meyers
This is a French entrepreneur and granddaughter of the founder of the L’Oreal Company.
She first made the Forbes list last year, and in 2019, she has risen to 15th place and became the leader among women. She inherited a 33% stock of L’Oreal in 2017, after the death of her mother.
Francoise Bettencourt Meyers became a worthy successor to the family business because the company’s revenues continued to grow with her participation, and the common-stock value even rose by 17% in 2018.
In addition to business, Francoise is the president of a charitable foundation that supports the development of French science and art.
3. Yang Huiyan
Yang Huiyan is not only one of the youngest women on the list of billionaires but also one of the richest people in China. The young Chinese woman received her fortune (70% of the shares of Country Garden Holdings) more than 10 years ago as a gift from her father, who, nevertheless, still remains the chairman of the family company.
Probably, the management board will pass into Yang’s hands when her father will see it fit to leave the post — in the meantime, the girl is preparing to inherit the business: in 2003, she received education at Ohio State University, and then joined her father’s company in 2005.
Firstly, she worked as a procurement manager, and a year later, she was appointed an executive director. The Chinese woman copes with her duties perfectly — a sharp increase in the Country Garden shares in 2018 proves this fact: just in four days of the manipulations on the stock exchange, Yang Huiyan’s fortune increased from $ 23.6 billion to $ 25.6 billion.
4. Abigail Johnson
Abigail holds a position of authority at Fidelity Investments (the company is engaged in supporting investors around the world).
Today, in addition to asset management, Abigail receives additional income from her 24.4% of shares – this makes her not only one of the richest billionaires of our time but also one of the most enterprising.
Also, Johnson always keeps up with the times, which allows Fidelity Investments to be ahead of its competitors. Her company uses cryptocurrencies, and in 2018, she launched a platform that allowed investors to operate with bitcoin.
5. Denise Coates
Coates is a co-owner of Bet365. She graduated in econometrics at the University of Sheffield and then began working for the Provincial Racing betting company.
In 2000, Denise realized that gambling could become very popular in the virtual space and registered the domain name Bet365.com. It took her about a year to create a full-fledged site for her project. In 2001, a new online betting platform was launched.
As a result, Bet365 has grown into one of the world’s largest gambling companies, with annual revenues of more than $ 2 billion. An interesting fact came to light in 2017: Coates became the highest-paid company executive in the UK, earning a salary of £ 217 million over the past 12 months.
Thus, her salary exceeded more than twice the total payments to the players of Stoke City – the second oldest professional football club in England. But mass criticism obviously had no effect on Denise’s point of view on this issue. In 2018, she paid herself already $ 280 million.