The overwhelming majority of those who make it onto “richest people” lists—in all 50 states or the world—are men. This fact is unsurprising considering the history of discriminatory workplace practices and various barriers to women’s wealth, including barring women from having credit cards until the 1970s. Even in 2024, an income gap leaves women earning $0.83 on average for every $1 a man makes.
Madam C.J. Walker, an early 19th-century purveyor of hair care and cosmetics for Black American women, is widely considered the first woman self-made millionaire in the United States. But the glass ceiling still hasn’t been shattered more than a century later. In 2016, Gabriel Zucman, an economics professor at the University of California, Berkeley, told The New York Times that “the higher up you move in the income distribution, the lower the proportion of women … [which] shows that there is a fundamental form of inequality at the top related to gender.”
That inequality may finally end soon, however—or at least, shift in the right direction. According to an August 2024 report from Fortune, women will soon control the majority of personal wealth, in an amount expected to reach $30 trillion within the next 10 years. And considering that many wealthy women like Melinda French Gates spend their money on philanthropic and charitable causes, those trillions could go in unexpected directions.
For now, though, Stacker compiled a list of the richest women in America, using data from Forbes. These wealthy women are ranked by their net worth as of Nov. 21, 2024. The women on the list have come upon their fortunes in various ways. Some, like the Waltons or the Pritzkers, are heiresses, inheriting wealth created by their families’ businesses. Others, like Thai Lee, are self-made. Still others built businesses with their husbands, like MacKenzie Scott of Amazon. Regardless of how these women came into their fortunes, their economic impact is undeniable. Keep reading to see how many names you recognize.
Source: MSN
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