Forbes has unveiled its 11th installment of America’s Richest Self-Made Women, and some recognizable names in music and pop culture are on the list.
Published on Wednesday (June 3), the ranking includes 43 self-made billionaire women across the nation, with ABC Supply owner and chairwoman Diane Hendricks, who has an estimated net worth of $21.7 billion, topping the list for the 9th year in a row.
Also positioned on the list are Beyoncé and Rihanna, whose empires span music, beauty and hair care, at No. 39 with a $1 billion net worth; entrepreneur and reality television star Kim Kardashian at No. 25 with a net worth of $1.9 billion; and the highest-grossing tour artist of all time, Taylor Swift, at No. 23 with a $2 billion net worth. Media tycoon Oprah Winfrey, who was declared a billionaire in the early 2000s, sits at No. 16 with a net worth of $3.4 billion.
“This year’s ranking reflects a major shift in where wealth is being created,” said Luisa Kroll, executive editor of Forbes. “Women are building billion-dollar businesses in some of the fastest-moving sectors of the economy, particularly artificial intelligence, software and consumer platforms, while also turning personal brands into powerful business empires.”
Beyoncé officially reached billionaire status last year, joining her husband, Jay-Z, who has a net worth of $2.8 billion. In becoming the fifth billionaire musician, Beyoncé’s Cowboy Carter Tour, which became the highest-grossing country tour in history with $407 million in ticket sales, was acknowledged.
