Gone are the days when women were kept themselves in the four walls of cocoons. Time has changed with the passage of time. From L’Oreal cosmetics heiresses, to BMW executives and pharmaceutical moguls, inherited wealth and self-made billions rule the roost. Who are the globe’s female billionaires and how did they make their fortunes?
Meet these current top five richest women in the world, as of 2020.
1. Alice Walton
The only daughter of Walmart founder, Sam Walton is Alice Walton from the USA aged 70 has been listed as the world richest woman as 2020. Despite the coronavirus crisis, Alice’s fortune has increased 23% since 2019 to $53.2 billion, making her the ninth-richest person in the world and the wealthiest woman on the planet. Whilst not holding a position at Walmart, Alice leads a program at the Walton Foundation which distributes $300 million to schools in the U.S. to invest in facilities. As of September 2020, Walton has a net worth of $68.8 billion, making her the 12th-richest person and the richest woman in the world.
2. Mackenzie Bezos
The ex-wife of Amazon founder, Jeff Bezos has enlisted as the fourth richest woman of the world possessing $36 billion. She is Mackenzie Bezos, 50 who shot onto the rich list due to her divorce settlement of at least $35 million when she received a quarter of her ex-husband’s shares in Amazon. According to Wikipedia, Mackenzie’s net worth is US$64.4 billion (August 2020).
The award winning American novelist Mackenzie Scott has been the director of the anti-bullying company she founded, Bystander Revolution, since 2014 and in May 2019, Mackenzie signed the Giving Pledge, promising to give away at least half of her personal fortune.
3. Françoise Bettencourt Meyers
A French woman Françoise Bettencourt Meyers, 66, is the heiress of the L’Oreal cosmetics empire. Her mother, the daughter of L’Oreal’s founder Eugène Schueller, died in 2017, leaving the full fortune of the company to Françoise. Her fortune has been greatly affected by the coronavirus pandemic, with shares dropping by 12% in the first fortnight of March 2020.
In that same month, L’Oreal announced it would begin factory production of hand sanitizer for France and the rest of Europe. Even though, she is considered to be the second richest woman in the world in 2020. She has $64.1 billion as net worth.
4. Julia Koch
The third richest woman Julia Koch, 57, is the widow of billionaire David Koch, who died in 2019.
Her first year on the rich list, Julia inherited a 42% share of Koch Industries upon her husband’s death. The company is a huge North American multinational, with subsidiaries in in oil manufacturing, minerals, fertilizers and ranching. This US lady is the owner of $44.9 billion as of August 2020.
5. Jacqueline Mars
With net worth $24.7 billion (as of July 2020) Jacqueline Mars, 80, inherited a third of the $35 billion Mars brand. She is the granddaughter of Frank C. Mars, who founded the company and worked for the business for 20 years, serving on the board until 2016.