Each year, Forbes releases its ranking of the richest self-made women under 40 in the U.S. These remarkable women have built thriving businesses from the ground up, showcasing the power of innovation and strategic marketing. Here’s a breakdown of Forbes list, with a new addition – a recent billionaire!
Daniela Amodei
At 36, Daniela Amodei is the co-founder and CEO of Anthropic, an AI company valued at $18 billion. Her net worth stands at $830 million.
Rihanna
Rihanna, 36, tops the list with a net worth of $1.4 billion. While her success in music is notable, the majority of her wealth comes from Fenty Beauty, her cosmetics line in partnership with LVMH. The brand is distributed globally by Sephora.
Taylor Swift
With $1.3 billion, Taylor Swift joins the billionaire club after her record-breaking Eras Tour in 2023, which grossed over $1 billion. At 34, she has been featured on the list for three consecutive years.
Selena Gomez – A New Addition
Singer, actress, and entrepreneur Selena Gomez, born in 1992, has recently been declared a billionaire, with an estimated net worth of $1.3 billion. Her beauty brand, Rare Beauty, launched in 2020, accounts for the majority of her fortune. Forbes is expected to add her to the list next year, following the revelation of her billionaire status on September 6, 2024.
Shuo Wang
At 35, Shuo Wang debuts on the list with a net worth of $850 million. She is the co-founder of Deel, a HR software company that now generates over $500 million in annual revenue.
Kylie Jenner
Kylie Jenner, 26, is the youngest on the list with a fortune of $710 million. In 2023, she expanded her business empire by launching the clothing line Khy and the beverage company Sprinter Spirits. This is her third consecutive year on the list.
Neha Narkhede
Neha Narkhede, co-founder of Confluent and CEO of Oscilar, has a net worth of $680 million. The 39-year-old’s fraud detection software company has experienced significant growth, and this is her third year on the list.
Lucy Guo
Lucy Guo, 29, co-founded Scale AI and now has a net worth of $500 million. After leaving Scale AI, she founded Passes, an online platform for content creators. This marks her third consecutive appearance on the list.
Whitney Wolfe Herd
With a net worth of $400 million, 34-year-old Whitney Wolfe Herd is the founder of the popular dating app Bumble. Though she stepped down as CEO, she remains deeply involved in the company. This is her third year on the list.
Christina Cacioppo
Christina Cacioppo, 36, is the CEO and co-founder of Vanta, an automated security company with annual revenues exceeding $100 million. Her net worth is $385 million, and this is her second year on the list.
Katy Perry
Singer Katy Perry, 39, appears on the list with a fortune of $350 million. She made headlines in 2023 by selling the rights to her music catalog for $225 million and continues to work as a judge on American Idol.
