Motherhood no barrier to mega millions
Source: Agencies |
May 7, 2010, Friday
|
Print Edition
Print Edition
HAVING children isn't a barrier to making a billion dollars, as eight women on a new list of the world's richest mothers showed.
The list compiled by Forbes.com reveals the 70 women around the globe who will celebrate Mother's Day on Sunday as billionaires.
Christy Walton, the widow of John Walton who was the son of Wal-Mart founder Sam Walton, tops the list with US$22.5 billion.
She is followed by Liliane Bettencourt, 87, of France, whose father founded the cosmetic giant L'Oreal and Birgit Rausing, the 86-year-old widow of the Swedish creator of packaging giant Tetra Laval.
Of the 70 billionaire moms, only eight built their vast fortunes on their own, compared to 555 self-made billionaires who are fathers, according to Forbes.com.
Margaret Whitman, 53, known as Meg, built her fortune of US$1.3 billion as the former CEO of online auction house eBay Inc. The mother of two sons is now a candidate to replace California's Republican Governor Arnold Schwarzenegger.
"For Whitman, motherhood was not a deterrent to her success, but an aid," Forbes said on its Website.
Other self-made millionaires on the list include Rosalia Mera, who along with her ex- husband launched Spanish clothing firm Zara, Doris Fisher of the clothing giant The Gap and Guiliana Benetton of Italian firm Benetton.
Chinese millionaires on the list include Zhang Xin, the CEO of property developers SOHO China and Yan Cheung, who runs Nine Dragons, which makes paperboard.
Writer J. K. Rowling, the author of the Harry Potter books, also made the list of self-made billionaires along with Elena Baturina of Russia, who made her fortune in construction, and Savitri Jindal, Asia's richest woman and head of OP Jindal Group.
The list compiled by Forbes.com reveals the 70 women around the globe who will celebrate Mother's Day on Sunday as billionaires.
Christy Walton, the widow of John Walton who was the son of Wal-Mart founder Sam Walton, tops the list with US$22.5 billion.
She is followed by Liliane Bettencourt, 87, of France, whose father founded the cosmetic giant L'Oreal and Birgit Rausing, the 86-year-old widow of the Swedish creator of packaging giant Tetra Laval.
Of the 70 billionaire moms, only eight built their vast fortunes on their own, compared to 555 self-made billionaires who are fathers, according to Forbes.com.
Margaret Whitman, 53, known as Meg, built her fortune of US$1.3 billion as the former CEO of online auction house eBay Inc. The mother of two sons is now a candidate to replace California's Republican Governor Arnold Schwarzenegger.
"For Whitman, motherhood was not a deterrent to her success, but an aid," Forbes said on its Website.
Other self-made millionaires on the list include Rosalia Mera, who along with her ex- husband launched Spanish clothing firm Zara, Doris Fisher of the clothing giant The Gap and Guiliana Benetton of Italian firm Benetton.
Chinese millionaires on the list include Zhang Xin, the CEO of property developers SOHO China and Yan Cheung, who runs Nine Dragons, which makes paperboard.
Writer J. K. Rowling, the author of the Harry Potter books, also made the list of self-made billionaires along with Elena Baturina of Russia, who made her fortune in construction, and Savitri Jindal, Asia's richest woman and head of OP Jindal Group.
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