America's 5 Richest Self-Made Women 2024

  • 3 months ago
It was a record-breaking year for these queens of capitalism, as their combined fortunes soared by nearly one-fourth to $154 billion and the minimum to make the list jumped more than 35%.

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Transcript
00:00It was a record-breaking year for America's self-made women, as their combined fortunes
00:04soared to $154 billion.
00:08There are now a record 31 billionaires among the country's self-made women, up from 24
00:13a year ago.
00:15The minimum to qualify rose to $300 million, the highest since Forbes started tracking
00:20the top 100 in 2020.
00:23Here are the five richest self-made women in 2024.
00:28At number five, Elizabeth Ulein.
00:31Ulein and her husband, Richard, founded Ulein, which annually sells an estimated $8 billion
00:38of shipping, packaging, and industrial supplies.
00:41Dick and Liz are Republican mega-donors who boost conservative candidates across the country.
00:46They've given upward of $40 million in federal races this cycle alone.
00:52At number four, Tai Lee.
00:55The daughter of a prominent Korean economist, Lee, who had previous stints at Procter & Gamble
01:00and American Express, has been CEO of the $14 billion software reseller SHI International
01:07for 35 years.
01:09She has a 60% stake in the company, which acquired cybersecurity firm Moot in March.
01:16At number three, Judy Faulkner.
01:19Judy Faulkner founded electronic health records giant Epic Systems in her basement in 1979.
01:25In 2023, it hit a record $4.9 billion in revenue.
01:30Epic has more than 60 generative AI tools in development with the goal of reducing stress
01:36on the company's technicians.
01:38At number two, Judy Love and Family.
01:4160 years ago, Judy and her husband, Tom, opened their first filling station in Watauga, Oklahoma.
01:48The couple ran what's now called Love's Travel Stops together until 1975, when Judy returned
01:54to college.
01:55Today, the $24 billion company has 640 locations in 42 states and is run by sons Greg and Frank.
02:04Love's plans to add at least 20 locations this year.
02:08And at number one, Diane Hendricks.
02:11Hendricks owns ABC Supply, the nation's largest wholesale distributor of roofing supplies.
02:17She co-founded it with her husband, Kenneth, in 1982.
02:22Revenue has grown from $2.6 billion in 2007 to $20.4 billion in 2023.
02:30In April, ABC Supply announced it would acquire roofing products firm Herman's Supply Company,
02:35based in Ontario, Canada, for an undisclosed price.
02:47For more stories, visit nyseagrant.org

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