NEWS AND INSIGHTS UPDATE:
Forbes has released its annual list of the 400 richest Americans, and this year, 45 women are on the list (that’s just 11% of the entire list). Jenna Goudreau of Forbes explains that most of these women hold the majority of their wealth in companies they built or inherited.
At the top of the list of richest women (but ranked 6th in the overall list of richest Americans) is Christy Walton, daughter-in-law of Sam Walton (the founder of WalMart). Ranking in second place (eighth overall) is Alice Walten, daughter of Walmart founder Sam Walton. Two more women from the Walton family landed in 79th and 100th place in the overall list — Ann Walton Kroenke and Nancy Walton Laurie.
Just 1% of the people on the entire Forbes 400 Richest Americans list are self-made women billionaires. This group includes names like Oprah Winfrey, Doris Fisher (co-founder of Gap), Diane Hendricks (ABC Supply co-founder), and Meg Whitman (CEO of Hewlett-Packard).