Forbes Middle East - English - April 2018

ALICE

WALTON, 68

$46 billion

Source: Walmart

United States

The only daughter of

Walmart founder Sam Wal-

ton, Alice Walton founded

Crystal Bridges Museum of

American Art in her home-

town, Bentonville, Arkansas

following her interest in

curating art in 2011. She is

the richest woman and 16th

richest person in the world.

FRANCOISE

BETTENCOURT

MEYERS, 64

$42.2 billion

Source: L’Oreal

France

Francoise Bettencourt

Meyers is the 18th richest

person on the globe. The

new L’Oreal Heiress Meyers

and family own 33% of

L’Oreal stock, post death of

mother Liliane Bettencourt.

SUSANNE

KLATTEN, 55

$25 billion

Source: BMW,

pharmaceuticals

Germany

The richest woman in

Germany, Susanne Klatten

owns Altana AG that

generates over $2.5 billion

in sales annually. She also

owns 19.2% of German-

automaker BMW.

JACQUELINE MARS, 78

$23.6 billion

Source: candy, pet food

United States

The heiress to chocolate

empire Mars, Jacquline

Mars owns one third of the

world’s largest candy maker

that acquired VAC, a pet

care company in September

2017 for $7.7 billion.

YANG HUIYAN, 36

$21.9 billion

Source: real estate

China

Yang Huiyan is the youngest

and the richest woman in

China. She owns a 57%

stake—transferred to her

by her father Yeung Kwok

Keung in 2007—in real

estate developer Country

Garden Holdings.

LAURENE POWELL

JOBS, 54

$18.8 billion

Source: Apple, Disney

United States

The widow of Apple

cofounder Steve Jobs,

Laurene Powell Jobs is the

founder and chairwoman of

Emerson Collective, a non-

profit organization. She also

cofounded College Track that

helps disadvantaged students

prepare for and graduate

from college.

GINA RINEHART, 64

$17.4 billion

Source: mining

Australia

The richest citizen in

Australia, Gina Rinehart

took over her father Lang

Hancock’s—an iron-ore

explorer—bankrupted estate

and rebuilt it into a larger

empire. Her biggest piece of

fortune comes from Hope

Downs Mine.

IRIS FONTBONA, 75

$16.3 billion

Source: mining

Chile

The richest person in Chile,

Iris Fontbona inherited

businesses from husband

Andrónico Luksic who made

a fortune in mining and

beverages and died in 2005

of cancer. She and her sons

control Antofagasta Plc.

ABIGAIL JOHNSON, 56

$15.9 billion

Source: money management

United States

Abigail Johnson chairs U.S.-

based mutual fund giant

Fidelity Investments where she

joined as an analyst in 1988

and later in 2014 took over

the business from her late

father. She owns an estimated

24.5% stake in the company.

CHARLENE DE

CARVALHO-HEINEKEN, 63

$15.8 billion

Source: Heineken

Netherlands

The richest woman in the

U.K. Charlene de Carvalho-

Heineken inherited a

23% stake in Heineken

from her late father and

former Heineken CEO

Freddy Heineken in 2002.

Her husband sits on the

Heineken advisory board.

WOMEN POWER

AMONGST THE 2,208 billionaires globally, 256 were women billionaires in Forbes’ recent ranking of the rich. The

women had a collective estimated net worth of over $1 trillion—20% higher than last year.

Forbes Middle East lists down the top 10 richest women in the world whose estimated total net worth is $242.9 billion.

This year Alice Walton, daughter of Walmart founder, is the richest woman in the world with a fortune worth $46 billion

while L’Oreal’s new Heiress Francoise Bettencourt Meyers came second with $42.2 billion.

Net worth is calculated as of March 6, 2018.

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BILLIONAIRES

BY RANJU WARRIERIMAGES FROM GETTY IMAGES

ALICE WALTON

14 FORBES MIDDLE EAST APRIL 2018