FORBES.COM JUNE 30, 20 19
- ALICE SCHWARTZ
$1.3 billion
AGE: 92 RESIDENCE: El Cerrito,
California
SELF-MADE SCORE: 8
Schwartz met her husband,
David (d. 2012), when they
were studying biochemis-
try and chemistry, respective-
ly, at UC Berkeley. In 1952,
the couple founded Bio-Rad
Laboratories out of a Quon-
set hut right by their col-
lege campus with just $720
in savings. Today, the $2.3
billion (revenue) company
has just over 8,000 employ-
ees worldwide and sells over
10,000 products. Schwartz
sits on the board. Her son,
Norman, runs the company.
- ANASTASIA
SOARE
$1.2 billion
AGE: 61
RESIDENCE: Beverly Hills
SELF-MADE SCORE: 9
Romanian-born Soare got
her start doing the eyebrows
of such celebrities as Cindy
Crawford and later on
worked with Oprah (No. 10)
and Michelle Obama. She
sold a minority stake in her
makeup company, Anastasia
Beverly Hills, to private
equity firm TPG Capital at a
$3 billion valuation in June - She said she’ll use the
influx of cash to expand her
business overseas.
22. SAFRA CATZ
$1.1 billion
AGE: 57 RESIDENCE: Redwood City, California
SELF-MADE SCORE: 6
Since joining software giant Oracle in 1999, Catz, now co-CEO,
has overseen more than 130 acquisitions worth $60 billion,
including two hostile takeovers. Oracle has compensated her
well for her achievements, paying her $135 million in cash
and stock in 2017. Though she owns less than 1% of Oracle,
her options—which she regularly exercises and then sells—
pushed her into the billionaire ranks for the first time in 2019.
23. SARA BLAKELY
$1 billion
AGE: 48 RESIDENCE: Atlanta
SELF-MADE SCORE: 8
Since founding her shape-wear company, Spanx, in 2000,
Blakely hasn’t just catered to her celebrity following—one that
includes the Kardashians—she’s become one in her own right.
She’s been a guest judge on Shark Tank; last year, she had a
cameo on Billions; she’s even Instagrammed herself hanging
out with Richard Branson on his private Necker Island.
On the business front, Blakely, who already sells leggings,
launched a swimwear line in October 2018.
23. KYLIE JENNER
$1 billion
AGE: 21 RESIDENCE: Hidden Hills, California
SELF-MADE SCORE: 7
At 18, Jenner starting peddling Kylie Lip Kits, largely via
Instagram and Snapchat. Last year—when the company
was just over three years old—her Kylie Cosmetics sold an
estimated $360 million worth of products, boosted by a
nationwide distribution deal with beauty retailer Ulta. In
May she announced the launch of her vegan Kylie Skin line.
She recently filed a trademark for a possible baby line. Kim
Kardashian West (No. 57) is her half-sister.
CHANGE IN WEALTH KEY: UP DOWN UNCHANGED RETURNEE SELF-MADE SCORE: 0 = INHERITED, 10 = SELF-MADE
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