The Strategist

Melinda French Gates enters the US most richest women list for the first time

10/07/2021 - 09:04

A total of 56 women are among the richest people in the US, with a combined fortune of $564 billion. Those who made their fortune on their own are fewer in number.
The richest Americans are predominantly men. However, women continue to hold on to their positions in the new Forbes ranking of the 400 richest people in the United States. Like last year, the new ranking includes 56 women (including Judy Love and Lynda Resnick, who share a multi-billion dollar fortune with their husbands). The combined wealth of the richest women in the US is $564 billion, more than $100 billion more than last year.

Alice Walton, the heiress to the Walmart business empire, remains the richest woman in the U.S. for the seventh year in a row. Her net worth, estimated at $67.9 billion, grew $5.6 billion in the past year on a 13% rise in Walmart stock.

MacKenzie Scott, the former wife of Amazon founder Jeff Bezos, is ranked as the second richest woman in the US for the second year running, although she has donated nearly $8.6bn to some 780 non-profit organisations since 2020. MacKenzie Scott plans to donate most of her fortune, which she inherited after her divorce from the Amazon founder, to charity. In June 2021, Scott wrote in an article on Medium that she owed the money to "systems that need to change". Nevertheless, over the past year, Scott's fortune has still grown by $1.5 billion, reaching the $58.5 billion mark as Amazon's stock price has risen.

More than 90% of the richest women in the US 2021 have become even richer since last year's rankings were published. In cash terms, it was Fidelity Investments CEO Abigail Johnson, whose fortune has grown by $10bn to reach the $25.2bn mark thanks to the strong performance of her asset management holding company. Under Johnson's leadership, Fidelity Investments' assets under trust management grew by $1.3 trillion last year to $4.2 trillion.


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