Unlike in the past where entrepreneurship was predominantly viewed as a preserve of men, there are some women in the business world who have redefined themselves as some of the world’s most successful entrepreneurs.
These women aren’t only just entrepreneurs, but they have also built their own successful business empires against all odds.
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Here are some of the most powerful female entrepreneurs that you have probably not heard about.
Sara Blakely
According to a research finding published by Forbes, Sara Blakely is not just a successful female entrepreneur, but she is also one the youngest female entrepreneurs in the world.
At the age of 29, she started SPANX Inc (an American apparel company that is popular for producing leggings and pants). The company also manufacturers pantyhose, as well as, other women undergarments.
Since 2010, the company has been producing male garments that have become synonymous with male celebrities.
According to Financial Times, Blakely’s company has raked in more than $250 million in revenue. Its net profit margins are estimated at 20%.
Estée Lauder
Estée Lauder was born into an entrepreneurial family. Initially, Lauder only sold her cream to her friends, but after receiving glowing reviews, she decided to bring the product to market.
She was fully committed to helping all women feel and look beautiful. And so began he journey of crafting several beauty creams, including Six-In-One and Dr. Schotz’s Viennese Cream which came to be sold them in beauty shops and resorts around the world.
Because she refused to take no for an answer, she was well-known for employing guerrilla sales tactics to create exposure for her products.
Estée Lauder Companies today include several popular beauty brands including Origins, Clinique, and Bobbi Brown. Even though Lauder died in 2004, the umbrella company still generates over $14.2 billion in sales per year.
Talk about a legacy!
Tory Burch
She has worked with renowned designers such as Ralph Lauren, Vera Wang and Narciso Rodriguez prior to launching her own label.
In her interview with Oprah Winfrey, who also dubbed her the world’s biggest thing in fashion, she said that her site got 8 million hits the next day.
She also shocked many when she said that her fashion line has more than 3,000 departments as well as specialty stores across the globe.
In 2015, Forbes listed her as 64rd most powerful woman in the world.
She is one of the wealthiest women in the world to be involved in philanthropy. She is the founder of Breast Cancer Research Foundation, which supports women suffering from cancer, as well as, sensationalising them about the disease.
Arianna Huffington
Ariana is the founder of Huffington, just like her name implies. The Greek-American author’s net worth is estimated to be worth about $315 million, according to a post she published in 2014 on Huffington Post.
After selling Huffington for an undisclosed amount of money, she was rumoured to have been paid a pre-tax pay day of about $100 million.
Having written 13 great books in 2009, she became the world’s 12th most influential woman.
She also vied for Californian gubernatorial seat as an independent candidate in 2003. She is Michael Huffington’s ex-wife, the former Republican congressman.
Beyonce Knowles
Many people know her as one of the most talented American female pop singer and actress, but Beyonce is also one of the richest and most powerful women entrepreneurs in the world.
She has a net worth of $450 million according to Forbes. She is the wife of one of the richest American rappers, Jay Z.
She is the co-founder of House of Doreon, an American fashion line that she co-founded with her mother.
In 2012, Beyonce launched shop.beyonce.com, which she uses to market her accessories and branded apparels.
Yang Lan
She is arguably the most powerful women entrepreneur in the Chinese media.
She is mostly referred to as the China’s Oprah having co-founded one of the most vibrant media conglomerates in China, Sun Media.
Her media empire spans newspapers, TV and magazines. Being a leading television host, she has interviewed prominent personalities such as Hillary Clinton, Bill Gates and Kobe Bryant among others.
According to Chinas Hurun Rich List, her estimated wealth is about $1.1 billion.
But in various interviews with leading media stations, she has refused to disclose her wealth.
Kiran Mazumdar
Kiran is one of many amazing female entrepreneurs from India. In fact, she is India’s first female entrepreneur, having founded Biocon in 1978. By then she was only 25.
She is among the richest 100 people in India, and she is ranked as the 4th richest in the country. She had a net worth of $1.17 in 2015 according to Forbes.
Her company Biocon, which she started as a relatively small industrial-enzymes company was valued at $460 billion in revenue in 2015.
She is known to be very humble despite her wealth and unmatched entrepreneur skills.
In 2014, she became the first woman in the world to win Othmer Gold medal courtesy of her contributions to science via entrepreneurship.
She has also won numerous prestigious prizes among them Global Economy Prize, for her achievement in business.
J. K Rowling
Despite being once a destitute single mom, Rowling has become one of the best-selling author.
Some of her best-selling books include Sorcerer’s Stone and Harry Potter. Forbes estimated her net worth in 2015 as about $1 billion. She is also known to be one of the best authors of all time.
Even though nearly all of her money is earned from books, this hasn’t stopped her from being a successful entrepreneur.
She owns a lot of properties that are worth hundred of millions of dollars.
Conclusion
It’s true that there are women entrepreneurs who are way powerful, successful and richer than even some of the most prominent male personalities across the world.
It’s only a matter of time before more and more successful women entrepreneurs emerge.
That’s why the idea that entrepreneurship is a preserve of the men is now a thing of the past that has been overtaken by events.