The 10 richest women in the world 2020


There are 234 women on this year’s list, and a familiar face returns as the richest woman in the world.

Oith turbulent markets and even more tumultuous times, just over half of the 234 women in the new Forbes list of The billionaires of the world are worth less than a year ago. Alice Walton, however, bucked this trend. Heir to part of the Walmart fortune, she ranks this year as the richest woman in the world, up from the second richest last year. It is worth about $54.4 billion, up $10 billion from a year ago. She talks to L’Oréal heiress Françoise Bettencourt Meyers, who is the second richest woman on the 2020 list. Forbes used March 18, 2020 stock prices and exchange rates to calculate net worth.

Among the women at the top of the list, BMW heiress Susanne Klatten has had one of the biggest net hits amid the coronavirus-induced stock market crash. Shares of BMW have fallen by more than a third since January, helping to push Klatten’s net worth to $16.8 billion, down $4 billion from a year ago. In the US, Las Vegas billionaire Elaine Wynn’s fortune has shrunk 33% from a year ago as shares of Wynn Resorts have fallen dramatically in recent months. But others, like Zhong Huijuan, president of Chinese drugmaker Hansoh Pharmaceutical, are worth far more than a year ago. In June 2019, Hansoh raised $1 billion in its Hong Kong IPO and shares have risen more than 25% since then. Zhong is worth $14.6 billion.

This year, 234 women were on the list, up from 244 last year. As a group, the women on the list are worth $927.4 billion. Despite recent economic instability, they are collectively $29.4 billion richer than last year. Seven more women share their wealth this year with their husband, child or brother, compared to nine women who shared their wealth last year.

Nineteen women are new to the list. Of these, the richest newcomer is Julia Koch, who inherited her husband David Koch’s fortune after his death in August 2019. Another notable newcomer: MacKenzie Bezos, who made his fortune after finalizing his divorce with the richest man in the world, Jeff Bezos, last summer. .

Neerja Sethi is also new to the list. She co-founded the IT consulting and outsourcing company Syntel with her husband Bharat Desai. Sethi is one of 67 self-made women who made this year’s list, down slightly from 68 self-made women last year. She is joined by self-taught newcomer Qian Ying, who co-founded Shenzhen-listed Muyuan Foods with her husband Qin Yinglin. Shares of Muyuan Foods, a pig breeder and processor, have nearly tripled over the past year, taking its net worth to $1.4 billion.

Here are the 10 richest women in the world; Net worth is as of March 18, 2020.

ALICE VALTON

NET WORTH: $54.4 BILLION

COUNTRY: UNITED STATES

SOURCE OF WEALTH: WALMART

The only daughter of Walmart founder Sam Walton regains her title this year as the world’s richest woman, having lost that spot to L’Oreal heiress Francoise Bettencourt Meyers in 2019. Despite recent market turbulence, walton saw his fortune increase by 23% since last year. Walton, who has no role at Walmart, helps lead a program at the Walton Family Foundation that will issue $300 million in bonds to help charter schools invest in and renovate facilities.

FRANÇOISE BETTENCOURT MEYERS & FAMILY

NET VALUE : $48.9 BILLION

COUNTRY: FRANCE

WEALTH SOURCE: L’OREAL

The granddaughter of L’Oreal founder Eugène Schueller became the reigning heiress of L’Oreal in France in 2017 after the death of her mother Liliane Bettencourt, then the richest woman in the world, at 94. Bettencourt-Meyers Fortunes have shrunk by $400 million since last year’s listing amid the coronavirus pandemic, with the cosmetics giant’s shares falling 12% in the first two weeks of March. In March, the company announced that its factories would start manufacturing hand sanitizer to meet the needs of French and European health authorities.

JULIA KOCH & FAMILY

NET VALUE : $38.2 BILLION

COUNTRY: UNITED STATES

WEALTH SOURCE: KOCH INDUSTRIES

New to this year’s list, koch joined the ranks of billionaires after she and her three children inherited a 42% stake in Koch Industries from her husband, David, who died in August 2019 at the age of 79. Originally from Iowan, Koch moved to New York in the 1980s and worked as an assistant to fashion designer Adolfo.

MACKENZIE BEZOS

NET VALUE : $36 BILLION

COUNTRY: UNITED STATES

WEALTH SOURCE: AMAZON.COM

Bezos debuted on the list after finalizing her divorce from Amazon founder Jeff Bezos in July 2019; the award-winning novelist received a quarter of her ex-husband’s shares in the e-commerce giant. MacKenzie signed the Giving Pledge, promising to donate at least half of her fortune, in May 2019.

JACQUELINE MARS

NET VALUE : $24.7 BILLION

COUNTRY: UNITED STATES

WEALTH SOURCE: CANDY, PET FOOD

Mars and his brother, John, each inherited a third of the $35 billion (sales) candy company known for M&Ms and Milky Way bars. His late brother Forrest Jr. four daughters own the rest of Mars, which also owns a major pet food and veterinary care business. Jacqueline March worked for the company for almost 20 years and served on the board of directors until 2016.

YANG HUYAN & FAMILY

NET VALUE : $20.3 BILLION

COUNTRY: CHINA

WEALTH SOURCE: REAL ESTATE

The 38 year old man owns 57% and sits on the board of Hong Kong-listed property developer Country Garden, which his father founded and chairs. In response to the coronavirus pandemic, the company set up robotic and automated food service stations in Wuhan (where the virus originated) to feed Chinese medical staff.

SUSANNE KLATTEN

NET VALUE : $16.8 BILLION

COUNTRY: GERMANY

WEALTH SOURCE: BMW, PHARMACEUTICALS

An heir to the car manufacturer BMW, Klatten has seen his net worth drop 20% in the past year. As car sales slowed amid the pandemic, BMW shares fell 24% in the first half of March. Klatten is also the sole owner and vice president of Altana, a pharmaceutical and specialty chemicals company.

LAURENE POWELL EMPLOYMENT AND FAMILY

NET VALUE : $16.4 BILLION

COUNTRY: UNITED STATES

WEALTH SOURCE: APPLE, DISNEY

Widow of late Apple co-founder Steve Jobs (died 2011), Powell jobs runs Emerson Collective, a hybrid philanthropic and investment limited liability company she founded in 2016. Speaking of her wealth, Powell Jobs told the New York Times in February, “I am not interested in heritage buildings inherited from the past, and my children know it. Steve wasn’t interested in that. If I live long enough, it will end with me. His fortune is down $2.2 billion from a year ago, partly because of a drop in Disney’s stock price, but also because Forbes better understand their total assets.

ZHONG HUIJUAN

NET VALUE : $14.6 BILLION

COUNTRY: CHINA

WEALTH SOURCE: MEDICATIONS

Zhong chairs the Chinese drugmaker Hansoh Pharmaceutical, which produces oncology, psychoactive, antidiabetic and other drugs. The stock rose 10% from early January to mid-March, when the coronavirus was most prevalent in its home country. Zhong is married to Sun Piaoyang, the billionaire chairman of Jiangsu Hengrui Medicine.

Gina RINEHART

NET VALUE : $13.1 BILLION

COUNTRY: AUSTRALIA

WEALTH SOURCE: MINING

Rinehart, Australia’s richest person, made his fortune on iron ore. Daughter of high profile iron ore explorer Lang Hancock, she has chaired the mining and agricultural company Hancock Prospecting Group since 1992. Rinehart’s fortune has shrunk by $2 billion in the past year as the pandemic of coronavirus has depressed values ​​in the iron ore industry.

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