It was a record-breaking year for women
on the FORBES list of the World
Billionaires. Out of 1,645 billionaires, a
record 172 are women – up from 138 last
year. There’s no denying that women are
still a tiny minority on the list,
representing a little over 10% of the
total.
At the top, Christy Walton reclaims her
spot as the richest woman with a $36.7
billion fortune. The widow of John
Walton has had that title for four out of
the last five years. She has boosted her
fortune above the rest of the Walton
family members through her ownership
of First Solar FSLR +1.68% shares. That
stock rose nearly 50% in the past year.
Back in second place after a year at the
top: Liliane Bettencourt, worth $34.5
billion. The L’Oreal heiress remains
France’s richest person. Her fortune
increased this year thanks to the
company’s stock surging. She is 91, and
it’s been years since she’s been involved
in running the company.
The third richest woman is another
Walton family member – Alice Walton
($34.3 billion). The daughter of
visionary retailer Sam Walton is
Christy’s sister-in-law. She opened her
Crystal Bridges Museum of American Art
in Bentonville, Arkansas in 2011. It
features works from her personal
Notably, of the 268 newcomers to the
ranks, 42 are women. However, only five
of them built their own fortunes as
opposed to inheriting them from their
parents or husbands. These five
remarkable women include Sheryl
Sandberg ($1.05 billion), who leaned
into a COO position at Facebook and 12
million or so shares in the company.
With the social networking firm’s share
price up more than 130% in the past 12
months, she is now one of the world’s
youngest self-made women billionaires.
The other newcomer self-made
billionaire women include Folorunsho
Alakija ($2.5 billion), Nigeria’s first
female billionaire, whose Famfa Oil
owns a prolific oil bloc. There’s UK’s
Denise Coates ($1.6 billion), the co-CEO
and largest shareholder of online
gambling site Bet365; Liu Xiaomeng ($1
billion), who holds a stake in the Suning
Appliance Group, which in turn owns
14% of Suning Commerce Group, China’s
largest appliance retailer; and Wang
Laichun ($1 billion) Chairman of
Shenzhen Luxshare Precision Industry
Co., Ltd.
Newcomers that came to their fortunes
through an inheritance include Sandra
Mera Ortega, daughter of the late
billionaire Rosalia Mera. Mera, along
with then husband and now third-richest
person in the world, founded clothing
giant Inditex (best known for its Zara
brand).
Finally, in a case involving a very loyal
daughter, this year’s youngest billionaire
is a woman. Perenna Kei, at only 24
years old, is the controlling owner of
Chinese real estate giant Logan
Properties. Kei is the daughter of
Logan’s chairman and CEO, Ji Haipeng.
Company documents indicate that she is
the majority shareholder, the settler of
the trust and acts “in accordance with
Mr. Ji’s directions.” The company went
public in December 2013 and its stock
rose 2.4% on the first day of trading,
making Kei a billionaire.

Source: Forbes.com

By God, I'm going to leave billions for my sons and daughter, billions so much that they will still remain in at least the top five after my demise. Amen

holyjossy01:
By God, I'm going to leave billions for my sons and daughter, billions so much that they will still remain in at least the top five after my demise. Amen