Retail's Richest Self-Made Women
Forbes' annual look at "America's Richest Self-Made Women" highlights the 60 female entrepreneurs that have accumulated the greatest amount of wealth across industries. Retailers were well represented among the builders, TV personalities, casino owners and technology executives that populate the list.
The full list is available here. Below are the first five retailers named to the list:
Doris Fisher. Fisher and her late husband Donald founded The Gap 1969. She was the retailer's merchandiser until 2003 and remained a board member until 2009. The retiree still owns about 8% of the $15 billion retailer. Forbes Ranking: 3. Net Worth: $2.4 Billion.
Jin Sook Chang. Jin Sook Chang and her husband Don founded what would eventually become Forever 21 in 1984. Despite rumors of tough financial times at the Forever 21 the Chang's contend all is well at the fast fashion teen retailer and plan to up 67 new stores in 2016. Jin is the retailer's chief merchandising officer and Don is CEO. Forbes Ranking: 9. Net Worth: $1.9 Billion.
Judy Love. Judy Love and husband Tom founded Love's Travel Stops & Country Stores in 1964. There are currently 300 of the convenient store and gas station sites in 39 states across the U.S. Judy is secretary of Love's and chairman of the family's charitable foundation, Love Family Fund. Forbes Ranking: 9. Net Worth: $1.9 Billion.
Sara Blakely. The founder of Spanx is back in the CEO seat after less than two years on the sidelines. She started the shapewear brand with a $5,000 investment and grew the retailer/manufacturer to an estimated $400 million company. Blakely owns 100% of the privately held company. Forbes Ranking: 17. Net Worth: $1 Billion.
Tory Burch. Burch is the founder of the fashion powerhouse that bears her name. She is the CEO of the 160-plus strong retail store empire, spanning 30 countries. In addition, the brand is sold in over 3,000 department and specialty store worldwide. Forbes Ranking: 19. Net Worth: $750 Million.