America’s richest self-made women are worth a combined $71 billion, according to Forbes’ 2018 ranking.
The list features the 60 richest women in the US who made their fortunes on their own. Seven of the women are new to the list in 2018.
Among the newcomers are sisters Kylie Jenner and Kim Kardashian West, who have each built multi-million-dollar cosmetics companies.
2018 may be the year of cosmetics.
Forbes has released its annual ranking of America’s richest self-made women, and there are seven newcomers to the list, four of whom have built all or part of their fortunes in the beauty business.
Forbes says these “Instagram-savvy makeup moguls,” and specifically almost-billionaire Kylie Jenner, have ushered in a “new model of extreme fame leverage” that is “radically reshaping business, culture, and politics.”
The list measures the wealth of the top 60 richest women in the United States who built their fortunes without the help of an inheritance. Together they’re worth $71 billion — $9.5 billion more than the combined wealth of the 2017 list. A record 24 women are billionaires on this year’s list.
To determine the ranking, Forbes took into account stakes in public and private companies, …read more
Source:: Businessinsider – Finance