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America's Richest Self-Made Women
America's Richest Self-Made Women
June 21, 2016
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AMERICA’S RICHEST SELF-MADE WOMEN

FACTS AND COMMENTS- Steve Forbes

Uncle Sam, Uncle tyrant.

LEADERBOARD

THE 100 MOST POWERFUL WOMEN IN THE WORLD

They’re titans of politics, business, entertainment and more: Meet the women who exert unparalleled influence across the globe.

NEW BILLIONAIRE: QUICK, SMILE!

Cai Wensheng has made a fortune in China on smartphone photography apps. Now all he needs to do is make a profit.

FORBES @100: SAUDI ARABIA, 1973

Not long before the OPEC embargo, we ventured to the Persian Gulf and made a bold prediction: Riyadh might soon become a major oil power.

FIRST WORLD PROBLEMS: BAD NEIGHBORS

The new family on the block has billions in the bank account—and mischief on the mind. Plus: the $100,000 writing implement.

MICHELIN STARS IN THE SKY

High-flying superchefs are taking airline cuisine well beyond a bag of peanuts and a free soda. Plus: Venture capitalists (don’t) hail Lyft.

RICHEST BY STATE: WEST VIRGINIA

Coal billionaire Jim Justice seeks to boost the fortunes of his often maligned home state—and he just might be its next governor.

SEAL THE DEAL: GET SQUARED AWAY

Why a little bit of silk peeking from your breast pocket says so much.

CONVERSATION

Readers worldwide heap praise upon “the most powerful banker on earth.” Plus: kicking around our ranking of soccer’s most valuable teams.

THOUGHT LEADERS

CURRENT EVENTS—Paul Johnson

Let America reinvent itself.

INNOVATION RULES—Rich Karlgaard

Long boom in cheap energy.

STRATEGIES

OIL FOR SALE. CHEAP! —Chris Helman

How online auctioneer EnergyNet helps bring liquidity, and recovery, to America’s busted oil patch.

TECHNOLOGY

BILLIONS OF NEW CONNECTIONS—Aaron Tilley

Sigfox has developed a new kind of wireless technology that promises to finally make the Internet of Things a reality. It’s now racing to build a global network before telecom giants wake up.

ENTREPRENEURS

THE NEW LIQUID ASSET—Roberta Naas

Three years ago HYT introduced innovative hydromechanical watches that were prized by collectors and disrupted the industry. Then a $23 million investment came flooding in.

 SERVING UP ENTREPRENEURS—Darren Dahl

Tasty Catering has won accolades for its food and its workplace culture. But its most impressive product may be the business owners it’s grooming.

INVESTING

DEATH WATCH—Daniel Fisher

Plunging oil prices. Bankruptcy. Litigation. It’s all red meat for Reorg Research, the upstart chronicler of corporate distress.

FIXED- INCOME WATCH—Richard Lehmann 

Ride the inverted yield curve.

TECH INTELLIGENCE—John D. Markman

Grounded gains from the clouds.

INTRINSIC VALUE—David Fried

Ports in the market storm.

FEATURES

HOW TO MAKE $1 BILLION IN YOUR SPARE TIME—Kate Vinton

Practicing dermatologists Katie Rodan and Kathy Fields have built a remarkable $1 billion fortune with two hugely successful skin care brands—and a whole lot of cringe-worthy marketing methods.

 

FORBES BRAND VOICE

It’s a Woman’s World.

WAR OF WORDS—Katia Savchuk

Liz Etling founded one of America’s leading translation companies with her boyfriend from business school. But nearly 20 years after calling off their engagement, the ex-lovers are waging an ugly battle for control that’s landed them in corporate divorce court and may cost them what could be a billion-dollar baby.

FASHIONISTA MONEYBALL—Ryan Mac

 Stich Six founder Katrina Lake has turned her startup into a portable $300 million retail disruptor by layering big data on high style.

SKYPE MEETS CASH—Samantha Sharf

The latest salvo in the war for the future of money: person-to-person currency transfers. Silicon Valley’s heavyweights are betting that a $1 billion startup called TransferWise can pull off the trick right now. \

LIFE

SAN FRANCISCO’S NEW MASTERPIECE—Jonathon Keats

Thanks to a handshake deal between billionaire Charles Schwab and Gap founder Donald Fisher, SFMOMA is the envy of the art world.

THOUGHTS

On women and power.