World richest women
We all know who the
richest men in the world are, but we seldom hear about the richest women. So, it is time to put that right! This is a list of the ten richest women in the world.
No-1. Alice L. Walton:
- Fortune: 18 Billion
- Business: Wal-Mart
- Country: USA
- Status: Divorced
Alice L. Walton (born October 7, 1949) is the daughter of Wal-Mart founder Sam Walton and Helen Walton. She and her mother each have an estimated net worth of about $18 billion and are the richest women in the world.
She is a graduate of Trinity University and lives in Mineral Wells, Texas on The Rocking W Ranch.
She was the 20th largest individual contributor to 527 committees in the U.S. presidential election, 2004, donating 2.6 million dollars (US) to the right-wing Progress for America group.
Ms. Walton was also convicted of drunk driving in January 1998. When pulled over, she reportedly asked the police "Do you know who I am?"
At the age of 83, Liliane Bettencourt is the wealthiest woman in the world and is the 12th richest person overall. She has a net worth estimated at $20.7 billion made possible through the family business, a little company called L’Oreal. She is the daughter of L’Oreal founder Eugene Schueller and holds a controlling stake in the cosmetics giant so is likely to make even more money in the future.
No-2. Helen Robson Kemper Walton:
- Fortune: 18 Billion
- Business: Wal-Mart
- Country: USA
- Status: Widowed, 4 children
Helen Robson Kemper Walton (b. [Dec.3,1919] in Claremore, Oklahoma) is the widow of Wal-Mart founder Sam Walton. She is one of the wealthiest persons in the world with an estimated net worth of $18 billion.
Robson was the valedictorian of her high school class and a graduate of the University of Oklahoma at Norman with a degree in business. She was the daughter of L.S. Robson, a prosperous banker and rancher. She and Sam were married February 14, 1943.
Sam Walton left his ownership in Wal-Mart to his wife and their children: S. Robson Walton (Rob), John T. Walton (d.2005), Jim Walton, and Alice Walton.
Rob Walton chairs the board of directors of Wal-Mart, on which John served until his death. The others are not directly involved in the company except through their voting power as shareholders. The Walton family holds 4 spots in the top 15 richest people in the United States.
Christy Walton, 51, is the widow of John Walton, the Wal-Mart heir who died in an aircraft accident in June 2005. She inherited $15.9 billion (£8.4 billion) from the company originally founded by Sam Walton, making her the wealthiest woman in the United States. Wal-Mart is still the world’s largest retailer with more than 5,100 stores serving 138 million customers a week and ringing up sales of $285 billion (£151 billion). All of which makes Christy the 24th richest person in the world.
No-3. Liliane Bettencourt:
- Fortune: 17.2 Billion
- Business: L'Oreal
- Country: France
- Status: Married, 1 Child
Liliane Bettencourt (born 21 October 1922) is the richest person in France and one of the wealthiest people in the world. She lives a luxurious lifestyle, traveling throughout the world. Forbes magazine estimates her wealth in 2005 at $17.2 bn.
Bettencourt was the only child of Mr. Eugene Schueller, the founder of L'Oreal, the world's leading company in cosmetics and beauty. In 1927, her mother died when she was 5 years old. In 1950, she married French politician Andre Bettencourt.
She now lives in Neuilly-sur-Seine, France. The Robb Report and other luxury magazines note her travel onboard luxury cruise ships, hotels, and hoteliers. Together, they have one daughter, Francoise Bettencourt Meyers, who is a member of L'Oreal's board of directors. Francoise Meyers married Jean-Pierre Meyers, the grandson of a rabbi who died in Auschwitz.
In 1957, Bettencourt inherited the luxurious L'Oreal fortune from her father. She is the principal shareholder of L'Oreal. The company ownership breakdown: 27.5% by Liliane Bettencourt, 26.4% by Nestle, the remaining 46.1% are publicly traded.
Bettencourt's family has a reputation for secrecy, partially due to controversy surrounding her father's connection with La Cagoule, a violent French fascist-leaning and anti-communist group.
She created the Bettencourt Schueller Foundation, which awards the "Liliane Bettencourt Prize for Life Sciences" to a European researcher under the age of forty-five.
As one would expect, the Waltons have deep family ties. Alice, 56, is the sister of the late John Walton and her fortune of $16.6 billion puts her at number 26 in the world’s rich list. Her brother Rob serves as chairman and the company donates a small fortune to charity through the Walton Family Foundation.
No-4. Abigail Johnson:
- Fortune: 12 Billion
- Business: Fidelity
- Country: USA
- Status: Married, 2 Children.
Abigail Johnson (born January 7, 1962) runs Fidelity Investments together with her father Edward Johnson.
With father, Edward, runs Fidelity Investments, America's largest mutual fund company: $1.1 trillion under management. Art history major at Hobart and William Smith Colleges interned at firm 1980. Spent 2 years as consultant for Booz Allen Hamilton, then Harvard M.B.A. Returned to Fidelity 1988, followed machinery and automation stocks, managed sector funds. Ran first diversified fund 1993, became president of company's mutual fund division in 2001.
Avoided taint of corruption by keeping money managers from market timing. Father reduced ownership for estate planning in 1995; now FMR's largest shareholder. Abigail loves to travel, with her favorite luxury hotel in San Miguel. She said that should would love to "spend a week immersed in learning at this small luxury hotel overlooking the city from exclusive residential environs. Offering an intimate 32 rooms, a pair of swimming pools, an on-site fitness center and world class dining, the hotel also features a cultural center that accommodates a select number of students for instruction in the arts.
Guests will enjoy boutique luxury while benefiting from a selection of formal classroom training in Spanish language classes or instruction in watercolor painting. Guests can also indulge in a daily variety of health and fitness activities, including golf, mountain biking and tennis. Other local area tours and shopping excursions are available. Called a "Spa for the Mind", the hotel attracts guests and aficionados of culture and the fine arts from all over the world."
As the 42nd richest person in the world, Abigail Johnson’s $13 billion inheritance comes from Fidelity Investments, America’s largest mutual fund company. The firm was founded by her grandfather Edward C. Johnson in 1946. Abigail, 45, interned at Fidelity while pursuing a Harvard MBA and returned full-time in1988. She became president of the company’s mutual fund division in 2001, and picked up $31 billion (£16.4 billion) in fund assets during her first six months. In May 2006 she took over Fidelity’s employer services division, administering payroll and employee stock plans.
No-5. Barbara Cox Anthony:
- Fortune: 11.7 Billion
- Business: Cox Enterprises
- Country: USA
- Status: Married, 2 Children.
Barbara Cox Anthony (born 1923) is the second and youngest daughter of James M. Cox, a Democratic Governor of Ohio, newspaper publisher and broadcaster. With her sister Anne Cox Chambers she inherited via a trust ownership and control of her father’s company, now called Cox Enterprises. She lives in Honolulu, Hawaii, in the United States.
Her net worth has been estimated at $12 billion, based principally on her equity interest in Cox Enterprises which makes her one of the richest women in the United States.
She serves as a Director of Cox Enterprises, one of the largest diversified media companies in the United States. It owns one of the nation's largest cable television businesses, which provides internet and telephony, publishes newspapers including the Atlanta Journal-Constitution and the Palm Beach Post, owns and operates broadcast television and radio stations and owns Manheim, an automobile auction firm. It also owns stakes in a variety of internet businesses, including AutoTrader.com, the largest retail automotive shopping site in the world. Her eldest son James Kennedy is CEO of Cox Enterprises.
In 2004 Cox Enterprises announced a debt financed $7.9 billion privatization bid for the 38% of the cable television business Cox Communications that it does not already own. With approximately 6.3 million cable subscribers Cox also provides high-speed Internet service to more than 2 million homes and telephone service to 1.1 million homes.
Well known in Hawaii for her support of philanthropic causes, she helped found La Pietra: Hawaii School for Girls and has served as its Chair since 1978. She has also made generous contributions to the Veterinary School of the Colorado State University, endowing two chairs in equine health.
Anne, 86, inherited $12.6 billion (£6.6 billion) from the family media firm Cox Enterprises. Her father James Cox’s empire includes 17 newspapers, 15 TV stations, 79 radio stations and also cable systems. The business also runs to cars, including Manheim Auctions, America’s leading used-car auction business and majority ownership of AutoTrader.com, the world’s largest online auto classifieds site. Last year the family took cable arm Cox Communications private in an $8 billion (£4.2 billion) deal. She is the world’s 45th richest person.
No-6. Anne Cox Chambers:
- Fortune: 11.7 Billion
- Business: Cox Enterprises
- Country: USA
- Status: Divorced, 3 Children.
A
nne Cox Chambers (born December 1, 1919) is a billionaire media proprietor. She is the daughter of James M. Cox, a newspaper publisher and senior Democratic political identity. With her sister Barbara Cox Anthony she owns and controls her father’s business interests, through Cox Enterprises. She lives in Atlanta, Georgia, in the United States.
A generous financial supporter of the Democratic Party, she was President Jimmy Carter's pick as US Ambassador to Belgium from 1977 to 1981.
Her net worth has been estimated at $12 billion, based principally on her equity interest in Cox Enterprises which makes her one of the richest women in the United States.
Anne Cox Chambers holds the Chair of Atlanta Newspapers and serves as a Director of Cox Enterprises, one of the largest diversified media companies in the United States. It owns one of the nation's largest cable television businesses, which provides internet and telephony, publishes newspapers including the Atlanta Journal-Constitution and the Palm Beach Post, owns and operates broadcast television and radio stations and owns Manheim, an automobile auction firm. It also owns stakes in a variety of internet businesses, including AutoTrader.com, the largest retail automotive shopping site in the world. The Ambassador's nephew James Kennedy is CEO of Cox Enterprises.
In 2004 Cox Enterprises announced a debt financed $7.9 billion privitization bid for the 38% of the cable television business Cox Communications that it does not already own. With approximately 6.3 million cable subscribers Cox also provides high-speed Internet service to more than 2 million homes and telephone service to 1.1 million homes.
A respected Atlantan business and community figure, Ambassador Chambers also served as a Director of Coca-Cola from through the 1980s and a leading regional financial institution, Fulton National Bank. She was the first woman in Atlanta to serve as a director of a bank, and the first on the board of the Atlanta Chamber of Commerce.
During the Ambassador's time on the Coca-Cola board, a controversy developed over the approach of her newspaper the Atlanta Journal-Constitution in writing about the Atlanta headquartered Coca-Cola. The then editor of two years Bill Kovach resigned after management imposed budget cuts and a number of stories Coca-Cola perceived as negative were published. Kovach's term as editor saw the newspaper win two Pulitzer Prizes, the first awarded to the Journal-Constitution in twenty years. A small public and staff rally protested the editor's treatment, with some speculating that the coverage Coca-Cola received was much less critical subsequently. New hire Ron Martin formerly from USA Today was accused of "dumbing down" the paper by Kovach's supporters.
She is also a generous supporter of a wide range of cultural and educational charities, particularly relating to the arts and international affairs and has received many honorary doctorates and awards recognizing her efforts and philanthropy. She donated the money to build a new wing for the High Museum which opened in November, 2005.
She is divorced, with three children.
No-7. Jacqueline Mars:
- Fortune: 10.4 Billion
- Business: Candy
- Country: USA
- Status: Divorced, 3 Children.
Jacqueline Mars is the daughter of Forrest Mars Sr. and granddaughter of Frank C. Mars, founders of the giant American candy company Mars, Incorporated. With her share of the company, she is worth $10.4 billion as of 2004 and is the 27th richest person in the world, according to Forbes.
The Mars family is a family who ran the candy company Mars, Inc., bearing their name. The family was called the richest family in America by Fortune magazine in 1988.
Jacqueline Badger Mars is the daughter of Forrest Edward Mars, Sr., and granddaughter of Frank C. Mars, founders of the giant American candy company Mars, Incorporated. With her share of the company, she is worth US$14.0 billion as of September 2007 she is the 58th richest person in the world, and the 19th richest person in the United States according to Forbes, she’s also the fourth richest American woman.
No-8. Susanne Hanna Ursula Klatten:
- Fortune: 8.2 Billion
- Business: BMW
- Country: Germany
- Status: Married, 3 Children.
Susanne Hanna Ursula Klatten was born Susanne Quandt on 28 April 1962 in Bad Homburg in Germany. She is the daughter of Herbert Quandt and Johanna Quandt and as a result the richest woman in Germany.
Susanne Klatten gained a degree in business finance and then did a course in marketing and management at the University of Buckingham, followed by an MBA in Lausanne specialising in advertising. Her first practical business experience was in London with Dresdner Bank, then with the Munich branch of management consultants McKinsey and with the bank Reuschel & Co. She often worked incognito under the name Susanne Kant.
On her father's death she inherited his 50.1% stake in pharmaceutical manufacturer Altana. She sits on Altana's supervisory board and has helped transform it into a world-class corporation in the German DAX list of 30 top companies.
Her father also left her a 12.5% stake in BMW. She was appointed to the supervisory board of BMW with her brother Stefan Quandt in 1997.
Susanne met Jan Klatten while she was calling herself Kant and did not tell him who she was until they were sure about each other. They married in 1990 in Kitzbuhel. They have three children. She also plays golf and skis in Austria. The family live in Munich in seclusion. This is understandable because the police only prevented her kidnapping in 1978 at the last minute.
Ms. Klatten, 43, picked up $8.1 billion (£4.3 billion) via a 12.5% stake in BMW cars and a 50.1% stake in pharmaceutical manufacturer Altana from her late father, Herbert Quandt. A trained economist with an MBA, Klatten is credited with helping transform Altana into a world-class pharmaceutical/chemical corporation with $3.6 billion (£1.9 billion) in sales and almost 11,000 employees. As of 2007, her net worth is $9.6 billion.
No-9. Maria-Elisabeth Schaeffler:
- Fortune: 6.3 Billion
- Business: Ball bearings
- Country: Germany
- Status: N/A.
Maria-Elisabeth Schaeffler was born in Prague and grew up in Vienna. She finished university prep school and attended medical school. She has been actively involved in the business operations of the INA-Schaeffler Group for many years now and is continuing the lifelong work of company founders Dr. Wilhelm Schaeffler and Dr. Georg Schaeffler.
The Schaeffler Group includes the three strong brands INA, FAG und LuK.
In recognition of her outstanding achievements for business in northern Bavaria's central Franconian region and especially for training programs for young people, she was awarded the Medal of Honor by the Nuremberg Chamber of Commerce. In early March 2001, Maria-Elisabeth Schaeffler was the first woman to be elected to the 10-member steering committee of the Nuremberg Chamber of Commerce.
Mrs. Schaeffler belongs to several boards and committees: She is the chairperson of the Dresdner Bank's advisory board for Bavaria, a member of the curatorship for the Nuremberg region and the board of governors of the Germanisches Nationalmuseum, and serves on the managing board of the Nuremberg Society of Opera Friends.
In 1996 she was awarded the “Steckkreuz” in recognition of her contributions to the Bavarian Red Cross. This is the highest honor conferred by the Bavarian Red Cross.
On April 30, 2001, Maria-Elisabeth Schaeffler was awarded the German Cross of Merit with Ribbon for her outstanding entrepreneurial achievements and her commitment to social issues.
To express thanks for 50 years of INA operations in Hochstadt and INA's major contribution to the economic upswing in the town and the entire region over the past 10 years, the town of Hochstadt/Aisch made Maria-Elisabeth Schaeffler an honorary citizen on April 25, 2002.
Since November 1, 2002, Maria-Elisabeth Schaeffler has been an honorary member of the university council of the Friedrich Alexander University of Erlangen-Nuremberg, and since January 2004 she has been a member of the university council of the University of Hanover.
On July 17, 2003, the Bavarian Governor Dr. Edmund Stoiber awarded Mrs. Schaeffler the Bavarian Order of Merit in Munich for the outstanding service she has performed for Bavaria and Bavarian citizens.
In November 2004, Maria-Elisabeth Schaeffler received the Family Entrepreneur of the Year Award. This prize, awarded for the first time jointly by the economics magazine “Impulse” and the “Intes Akademie fur Familienunternehmen” honors family entrepreneurs whose future-oriented leadership have ensured the sustained viability and growth of their companies.
On the occasion of opening the INA-Schaeffler plant in Brasov, Romania, Maria-Elisabeth Schaeffler was appointed an honorary member of the senate of the Transylvania University of Brasov by the rector, Prof. Ion Visa in June 2005.
No-10. Johanna Quandt:
- Fortune: 5.4 Billion
- Business: BMW
- Country: Germany
- Status: Widowed, 2 Children.
Johanna Quandt is the billionaire widow of industrialist Herbert Quandt, who resurrected BMW from bankruptcy.
She was born Johanna Bruhn in 1929. She became a secretary in Herbert's office in the 1950s and eventually became his personal assistant. She married Herbert in 1960. The current board members at BMW include the two children of this marriage Stefan Quandt and Susanne Klatten.
Johanna retired from BMW's supervisory board in 1997. She now lives quietly in Bad Homburg but still owns 16.7% of BMW.
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