Forbes has released its annual list of America’s richest self-made women list. The list features 60 women who have a combined net worth of $71 billion (up from $61.5 billion in 2017). The minimum net worth required to make this year’s list was $320 million (up from $260 million last year).
Diane Hendricks, Co-Founder, and Chairman of ABC Supply regains the top spot on this year’s list of America’s most successful women entrepreneurs, with a net worth of $4.9 billion. Other names that are featured on the list are Marian Ilitch, Co-Founder of Little Caesars, Meg Whitman, ex-CEO of Hewlett Packard Enterprise, etc. Kylie Jenner became the youngest woman to get featured in the Forbes list of 2018 America's wealthiest self-made women.
To ascertain the ranking, Forbes calculated stakes in public and private companies, real estate holdings, and other assets including art, jewelry, cars, and planes. To be eligible for the list, women had to have made their fortunes in the U.S. and be U.S. citizens or permanent residents.
The list also featured two Indian-origin women. Jayshree Ullal, CEO of Computer networking company Arista Networks was ranked 18th with a fortune of $1.3 billion. Ullal, the former employee of Cisco, become President and CEO of Arista Networks. She helped turn the tiny startup into a growing force in computer networking, with revenue rising 45 percent to $1.6 billion in 2017.
The other Indian name that is featured in the list is of Neerja Sethi, Co-Founder of IT consulting firm, Syntel. She is ranked at 21st position with $1 billion fortune. She Co-Founded the IT firm with her husband Bharat Desai in 1980 in Michigan. Syntel accumulated $924 million in 2017 revenues and has 23,000 employees, 80 percent of whom are in India.