Take a look at the below list of Top 10 Richest Self-Made Women in The World 2017. While the top tier of the world’s wealth seems to be a club for the veritable boys, that doesn’t mean that there are no plenty of women who have amassed great fortunes for themselves. Take a look at the self-made women who have invented new technologies, started successful companies and worked extra hard in their respective fields of entrepreneurship. Below is the top 10 self-made women of 2017:
List of Top 10 Richest Self-Made Women in The World 2017
1. Zhou Qunfei
Zhou Qunfei was born and raised in China. She grew up in poverty and had to work in a watch factory to make ends meet. Zhou started working at the age of 16 that made her tough due to the harsh conditions presented at the factory. She never gave up on this; instead she rose up through the ranks. She saved up and started her own lens workshop. Her breakthrough came when Motorola asked her to replace their plastic screens with a glass version. Her company went public in 2015 and is currently valued at $7 billion. Zhou even tests the factory equipment by herself.
2. Diane Hendricks
Diane Hendricks grew up in Wisconsin and her parents were dairy farmers. After meeting her husband, they worked at buying and making over homes in Beloit. They opened ABC supply which dealt with building materials. The firm is now one of the largest across the board suppliers of roofing in U.S. It is worth $6.5 billion. Hendricks still holds the position of chairperson, which she has held since her husband passed on. She also runs Hendricks Holding Company which is her own private corporation that is invested in over 20 firms. Moreover, Hendricks is a trustee of Beloit College and a philanthropist who gives back to the public and donates to local organizations.
3. Chan Laiwa
Chan Laiwa is a descendant of the Manchu dynasty that ruled China for over three hundred years into the 20th century. She was forced to drop out of high school because her family was poor. However, she worked hard and managed to raise enough funds to start a furniture repair business. Her business did so well that it led her to Hong Kong where she did a purchase of about a thousand villas and this became her first fortune. She became the founder of Fu Wah International which is a real estate firm that deals with the building and operating of luxurious hotels. Chan Laiwa is worth $5.2 billion dollars.
4. Pollyanna Chu
Chu grew up in Hong Kong and later moved to San Francisco with her father. In San Francisco she attended Golden Gate University. She got married and she and her husband broke into the real estate business. In 1993, Chu and her husband founded Kingston Financial Group which they named after their son. They however, had no knowledge on finance. In due course they found a position in initial public offering distribution. Their company has grown over time and in 2015 it posted $163 million dollars in profits. At the age of fifty eight, Pollyanna Chu is valued at $4.9 billion.
5. Elizabeth Holmes
Elizabeth Holmes dropped out of Stamford when she was nineteen years of age. She then founded Theranos whose vision was to offer pain free, needle free blood testing services that worked at reducing costs and headaches for the patients. The Silicon Valley based start remained in covertness mode for the first ten years of operation. It however offers over two hundred and forty tests direct to customers that easily detect a wide range of health problems. By 2015 her company was valued at $10 billion. This makes her the youngest self-made billionaire in the world today. She is personally valued at $4.5 billion. She is one of the Top 10 Richest Self-Made Women in The World 2017.
6. Doris Fisher
In the 1960’s, Fisher’s husband could not shop anywhere and find jeans that fit. They therefore decided to go into the denim business. They opened a store named the Gap Store that sold only jeans and music. The brand at first sold only Levis although they later began to produce their own line of jeans, sweaters and other clothing. The Gap grew at a fast speed and went public in 1976. This led to its expansion across the U.S and on the international platform. It remains a retailing giant with a valuation of $15.8 billion, over three thousand five hundred stores and 150,000 employees. She’s valued at $3.2 billion.
7. Jin Sook Chang
After moving to Los Angeles with nothing to their name Chang together with the husband opened their first fashion 21 in the year 1984. The husband was motivated on starting a clothing company later when he started working on a gas station. This is where he noted that clothing retailers owned the most luxurious cars. In their first year of business Changs were able to attain $700,000 in profit, which later led to the expansion of Forever 21. They have increased their number of stores to over 500 locations, making $4.4 billion in sales. Changs net worth is $3.1 billion at the age of 52.
8. Oprah Winfrey
Oprah was raised in pverty in the land of Mississippi but she later made a debut into the media industry. She started as a TV news anchor in the ‘70s but later relocated to Chicago hosting a morning show that paved way for Oprah winfrey show. The Oprah show brought in $ 300 million per year as profit, she has also invested in other fields that include: A book club, women’s magazine and film producing. At the age of 62 she is valued at $2.8 billion with her huge wealth coming from Harpo productions.
9. Wu Yajun
Wu Yajun graduated with a Bachelor’s degree in navigation engineering. She later became an engineer in 1984 but four years later shifted to journalism to oversee real estate at Shirong News Agency. Wu again left and begun a homebuilding company with her husband, that grew later to become Longfor Properties. This couple slowly progressed through the sale of residential project that enabled them to expand the business to thirteen other cities. In the fall of 2009, the company brought in an estimated value of over $900 million. At the age of 51 she is worth $2.8 billion and the main source of wealth being Longfor properties.
10. Giuliana Benetton
Benetton and her brother used to knit sweaters and sell them early on in their lives. They later joined forces with two other brothers whose aim was to sell their merchandise in Italy. They are well-known as Benetton group and for many years now they have made brands like Killer Loop, Play life and Sisley. They have expanded their stores to over four thousand retail stores making over $2 billion in their sales. Guiliana Benetton is 78 years of age and she is worth $2.7 billion.
These are the Top 10 Richest Self-Made Women in The World 2017. Evidently, it is no longer a man’s world; women are increasingly rising up to take their places as leaders and business oriented figures. All of the women discussed above have impressive personal stories, though the dearth of them is by itself a story that leaves the question, why so few?