History

Women Who are Self-Made Billionaires: Top 15 In The World

The world of billionaires is no longer just a boys’ club. Self-made women are rising to the top, building empires, and changing the face of wealth. From tech titans to media moguls, these trailblazers are shattering stereotypes and proving that success knows no gender. Get ready to be inspired by the incredible stories of women who went from zero to billionaire, all on their own terms. Here is our top list of 15 women who are self-made billionaires.

1. Judy Love

Judy Love

Judy Love is a testament to hard work and perseverance. She co-founded the multi-billion dollar Love’s Travel Stops & Country Stores with her husband Tom in 1964, starting with a single gas station. Despite running the company until 1975, her dedication continued, and today, she is one of America’s richest self-made women with a net worth exceeding $10 billion. And this is why she is #1 on our list of women who are self-made billionaires.

Judy Love’s Achievements:

  • Co-founded Love’s Travel Stops & Country Stores, a company with over 640 locations and $26.5 billion in estimated revenue.
  • Served as the company’s bookkeeper and oversaw operations in its early years.
  • Remains active on the company’s board and is a philanthropist supporting various causes.

Judy Love’s journey began with a small family business that blossomed into a nationwide empire. Her early contributions and continued involvement showcase the power of dedication, and her role as a co-founder secures her place as a remarkable self-made billionaire.

2. Diane Hendricks (ABC Supply)

Diane M. Hendricks

Ranking #2 on our list of women who are self-made billionaires is Diane Hendricks, the co-founder of ABC Supply, is a self-made billionaire who defied expectations. Starting with her husband Ken in 1982, they leveraged their credit lines to secure a loan and launch a small roofing supplier. Through her leadership and strategic acquisitions, ABC Supply grew into the leading wholesale distributor of roofing, siding, and windows in the United States, generating over $18.5 billion in revenue in 2022. Hendricks’ unwavering focus and strategic vision propelled her from co-founding a local supplier to becoming a powerhouse in the building materials industry.

Diane Hendricks’ Achievements:

  • Co-founded ABC Supply, the leading distributor of roofing, siding, and windows in the US, with over 800 locations.
  • Became sole owner and Chairman of the Board after her husband’s passing in 2007.
  • Led ABC Supply to become a multi-billion dollar company under her leadership.

Hendricks’ remarkable journey exemplifies the power of seizing opportunities. From starting a small business with her husband to steering it towards industry dominance, her dedication and strategic vision cemented her place as a self-made billionaire and a force to be reckoned with in the building materials sector

3. Judy Faulkner (Epic Systems)

Judy Faulkner (Epic Systems), #3 on our list of women who are self-made

Judy Faulkner, the self-made billionaire mind behind Epic Systems, revolutionized the healthcare industry. Starting in 1979 from a basement with $70,000, she built Epic into a leading provider of electronic medical records software, used by hospitals and clinics nationwide. Her unwavering focus on in-house development and prioritizing customer needs has propelled the company’s success.

Judy Faulkner’s Achievements:

  • Founded Epic Systems, a privately held company valued at over $40 billion.
  • Pioneered electronic medical records software, significantly impacting healthcare data management.
  • Champions employee ownership and fosters a unique corporate culture within Epic.

Judy Faulkner’s journey exemplifies the power of a clear vision and unwavering dedication. From a modest beginning, she built a healthcare software giant, forever changing how patient information is stored and accessed. Her story is an inspiration for aspiring entrepreneurs in the tech industry. The Epic CEO Judy Faulkner’s net worth is now $7.4 billion, according to Forbes, up 10% from $6.7 billion as reported in 2022.

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4. Lynda Resnick (Wonderful Co.)

Lynda Resnick with husband

Lynda Resnick, the co-founder of The Wonderful Company, defied expectations to become a self-made billionaire. Starting her career in advertising, she met her future husband and business partner, Stewart Resnick. Together, they transformed a small citrus farm into a multi-billion dollar agricultural powerhouse. The Wonderful Company owns iconic brands like POM Wonderful, Fiji Water, and Wonderful Pistachios, and Lynda herself is renowned for her marketing savvy and innovative branding strategies. This is why we placed her at #4 on our list of women who are self-made billionaires.

Lynda Resnick’s Achievements:

  • Co-founded The Wonderful Company, a leading producer of healthy and sustainable agricultural products.
  • Played a pivotal role in marketing campaigns that made household names of brands like POM Wonderful and Wonderful Pistachios.
  • Became a champion for sustainable farming practices and environmental consciousness within the industry.
  • Is recognized as one of America’s most successful self-made women with a net worth exceeding $5.6 billion.

Lynda Resnick’s journey is one of seizing opportunities and building an empire alongside her partner. From a career in advertising, she transitioned to agriculture, leveraging her marketing expertise to propel The Wonderful Company to success. Her story exemplifies the power of vision, strategic thinking, and a focus on building a sustainable brand.

5. Thai Lee (SHI International)

Thai Lee, #5 of women who are self-made billionaires

As the CEO of SHI International, an IT provider with over 15,000 clients (including Boeing and AT&T), Thai Lee’s journey began when she traveled from Bangkok to the United States for her university studies. She acquired the software that would eventually lead to SHI for less than a million dollars. Today, the company boasts sales of $12.3 billion, and her net worth is $5.3 billion.

6. Meg Whitman (eBay and Quibi)

Meg Whitman, #6 on our list of women who are self-made billionaires.

Meg Whitman played a pivotal role in shaping eBay during its early years. As the company’s CEO, she transformed it into a global online marketplace. Later, she co-founded Quibi, a short-form streaming service. Her net worth is estimated at $5.5 billion.

7. Johnelle Hunt (JB Hunt Transport Services)

Johnelle Hunt, #7 on our list of women who are self-made billionaires

Johnelle Hunt, with a net worth exceeding $1.8 billion as of today, is a powerhouse in the logistics industry, though her contributions often go unnoticed. Alongside her husband J.B. Hunt, she co-founded JB Hunt Transport Services in 1961, a company that revolutionized the trucking industry. While J.B. spearheaded the operational aspects, Johnelle provided the unwavering support and business savvy that propelled the company forward.

Johnelle Hunt’s Achievements:

  • Co-founded JB Hunt Transport Services, one of the largest publicly-owned trucking companies in the United States, with over $12 billion in annual sales.
  • Served on the board of directors for JB Hunt, offering strategic guidance and ensuring the company’s stability.
  • Championed a welcoming and diverse work environment within JB Hunt, paving the way for future generations in the trucking industry.
  • Earned recognition for her leadership, including induction into the Arkansas Business Hall of Fame and the Arkansas Women’s Hall of Fame.

Johnelle Hunt’s story transcends a simple co-founder title. Her dedication, strategic thinking, and commitment to fostering a thriving company culture solidify her place as a remarkable self-made woman who helped shape the landscape of American logistics. Johnelle has since retired, leaving the business to her children.

8. Shari Arison (Carnival Corporation)

Shari Arison, Israel’s richest woman peaking at #8 on our list of women who are self-made billionaire

Shari Arison inherited a substantial stake in Carnival Corporation, the world’s largest cruise ship operator. Beyond her business ventures, she is known for her philanthropic efforts. Her net worth stands at $4.9 billion.

9. Marian Ilitch: The Pizza Queen with a Big Heart

Marian Ilitch, with a net worth exceeding $6 billion as of today, is more than just the co-founder of Little Caesars Pizza. She’s a shrewd businesswoman and a philanthropist who has left her mark on the food industry and her community. Alongside her late husband Mike Ilitch, Marian opened the first Little Caesars in 1959, transforming it into a global pizza empire known for its value and accessibility.

Marian Ilitch’s Achievements:

  • Co-founded Little Caesars Pizza, the third largest pizza chain in the world with over 6,200 locations worldwide.
  • Played a key role in the company’s growth and brand development, ensuring its affordability and iconic “Hot-N-Ready” model.
  • Owns and operates the Detroit Red Wings hockey team and the MotorCity Casino Hotel, demonstrating her diverse business interests.
  • Established the Little Caesars Love Kitchen Foundation, a mobile pizza kitchen providing meals to those in need, showcasing her commitment to philanthropy.

Marian Ilitch’s journey is one of partnership, vision, and giving back. Her contributions to Little Caesars’ success, coupled with her dedication to community initiatives, solidify her place as a remarkable self-made woman who redefined the fast-food industry and left a lasting impact on her city.

10. Jayshree Ullal (Arista Networks)

Jayshree Ullal of Arista Networks ranking #10 on our list of women who are self-made billionaires

Since 2008, Jayshree has been the CEO and president of Arista Networks, a computer networking company. She also joined Snowflake’s board of directors in 2020. Her net worth stands at $3.7 billion.

11. Oprah Winfrey

Oprah Winfrey: From Humble Beginnings to Media Mogul

Oprah Winfrey stands as a global icon, a self-made billionaire with a net worth exceeding $2.5 billion as of today. Her journey transcends the title “media mogul.” She’s a talk show legend, actress, producer, philanthropist, and an inspiration to millions. Rising from a childhood of poverty and adversity, Oprah’s resilience and talent propelled her to become the “Queen of All Media.”

Oprah Winfrey’s Achievements:

  • Hosted The Oprah Winfrey Show for 25 years, creating the highest-rated television program of its kind and revolutionizing the talk show format.
  • Established Harpo Productions, her own production company, giving her complete creative control and fostering the careers of countless artists.
  • Launched Oprah Winfrey Network (OWN), a television network dedicated to inspiring and empowering content.
  • Became a global philanthropist, supporting education, social justice initiatives, and disaster relief efforts.
  • Earned numerous accolades, including an Emmy Award, an Academy Award nomination, and the Presidential Medal of Freedom.

Oprah Winfrey’s story is a testament to the power of hard work, dedication, and using one’s platform for good. From her captivating interviews to her philanthropic endeavors, Oprah has redefined what it means to be a media mogul, leaving an indelible mark on entertainment, social consciousness, and the lives of countless individuals.

12. Rihanna

Robyn Rihanna Fenty

Rihanna, the renowned Barbadian singer, songwriter, actress, and businesswoman, deserves a spot on our list of remarkable self-made billionaires. Here’s a brief overview of her achievements:

  • Rihanna (Robyn Rihanna Fenty): With a successful music career that includes chart-topping hits, numerous awards, and record-breaking album sales, Rihanna has made her mark in the entertainment industry. However, her entrepreneurial ventures have also contributed significantly to her wealth.
    • Fenty Beauty: In 2017, Rihanna launched her cosmetics brand, Fenty Beauty. Known for its inclusive range of foundation shades and innovative products, Fenty Beauty disrupted the beauty industry. The brand’s success led to Rihanna becoming the wealthiest female musician globally, with an estimated net worth exceeding $1.7 billion.
    • Savage X Fenty: Rihanna expanded her empire by creating Savage X Fenty, a lingerie brand that celebrates diversity and body positivity. The brand’s fashion shows have garnered widespread attention, and its inclusive approach has resonated with consumers. Her net worth continues to grow thanks to this venture.

Rihanna’s journey from music sensation to business mogul exemplifies determination, creativity, and resilience. She proves that multifaceted success knows no bounds.

13. Gail Miller (Larry H. Miller Group)

Gail Miller with her husband

Gail transformed her first Toyota dealership, established with her late husband, into a diverse group of companies spanning real estate, finance, and entertainment. Notably, they purchased the Utah Jazz for $22 million in 1986 and sold it in 2020 for a staggering $1.66 billion.

14. Whitney Wolfe Herd (Bumble)

Whitney Wolfe Herd  rocking her Bumble Tee

As the founder and CEO of Bumble, Whitney Wolfe Herd revolutionized online dating. Bumble empowers women by giving them control over their dating experiences. Her net worth is around $1.3 billion.

15. Kylie Jenner

Kylie Jenner of Kylie Cosmetics

The youngest self-made billionaire, Kylie Jenner leveraged her social media fame and cosmetics line, Kylie Cosmetics, to achieve remarkable success. Her net worth is estimated at $1.2 billion.

Sara Blakely (SPANX)

Sara Blakely

Sara Blakely disrupted the shapewear industry by creating SPANX. Her innovative undergarments empower women with confidence. Her net worth is approximately $1.1 billion.

Conclusion

From boardrooms to broadcast booths, these women didn’t just break glass ceilings, they shattered them into a million glittering pieces. They are the CEOs, the queens, the media moguls who defied expectations and rewrote the rules of success. These are the trailblazers who built empires, redefined industries, and left an indelible mark on the world. Their stories are a testament to the boundless potential that resides within each of us, a call to action to dream big, break boundaries, and leave your own dazzling mark on the world. So, the next time you see an opportunity, remember these remarkable women – and go seize your own slice of the extraordinary.

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