• 2 months ago
There are more women on The Forbes 400—and they’re much richer—than last year.

The gender wealth gap among America’s richest people remains wide—there are only 67 women on this year’s Forbes 400 list—but it’s narrowing. Women now account for 17% of the list, up from 15% last year, and they hold 15% of the 400’s total wealth, up from 14% in 2023. As always, progress remains slow and steady.

In all, these 67 women are worth a combined $839 billion, up from the $621 billion that the 60 women on last year’s list held. Making it onto the Forbes 400 list this year required a minimum net worth of $3.3 billion–the highest cutoff to date.

Read the full story on Forbes: https://www.forbes.com/sites/sarahyoung/2024/10/01/the-10-richest-women-in-america-2024/

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Transcript
00:00The gender wealth gap among America's richest people remains wide.
00:04There are only 67 women on this year's Forbes 400 list.
00:09But that gap is narrowing.
00:11Women now account for 17 percent of the list, up from 15 percent last
00:16year, and they hold 15 percent of the 400's total wealth, up from 14
00:22percent in 2023.
00:23These 67 women are worth a combined $839 billion, some 220
00:32billion more than the women on the list held last year.
00:37The majority of the women on the Forbes 400 inherited their wealth.
00:41Less than 20 percent are self-made, compared to 76 percent of the men
00:45on the ranking. Five women have made the list for the first time this
00:50year, including Lindell Stephens-Greth, who joins after inheriting the
00:54$32.3 billion family fortune built by her father, oil tycoon Audrey
00:58Stephens, who died in August.
01:03Arista Network CEO Jayshree Ullal is the only self-made female
01:07newcomer, after shares of the computer networking company climbed
01:10more than 80 percent since last year's list, pushing her estimated
01:14net worth to $4.4 billion.
01:21This year's richest American women hail from 13 different industries.
01:25The most common is food and beverage, responsible for the fortunes of
01:2822 percent of female listees, including Chick-fil-A heiress Trudy
01:33Cathy White and Panda Express co-founder Peggy Chern.
01:38The second and third most represented industries among the list's
01:41women were technology and fashion and retail.
01:45Here are the five richest women on the 2024 Forbes 400.
02:15And the richest woman in America is Alice Walton.

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