Latest news with #GraceChung
Forbes
8 hours ago
- Business
- Forbes
Why It's Never Been A Better Time To Be A Female Entrepreneur. Plus: Keep Your Focus During Uncertain Times
This is this week's ForbesWomen newsletter, which every Thursday brings news about the world's top female entrepreneurs, leaders and investors straight to your inbox. Click here to get on the newsletter list! I t's never been a better time to be a female entrepreneur: According to the Global Entrepreneurship Monitor, there are now some 658 million female founders and company owners worldwide, and as my colleague Grace Chung reports here, nearly two-thirds are early stage entrepreneurs, compared to less than half of their male counterparts. 'Women's entrepreneurship is the number one policy solution to things like health deficits and education deficits,' Amanda Elam, who authored GEM's latest Women's Entrepreneurship Report, told Forbes . 'The types of businesses women tend to lead create places that are great to live in. And it turns out companies like to build their operations in places like that. So in international development, there's been this awakening.' And so, to continue to shine a light on this growing cohort of self-starters, Forbes has published its first-ever standalone global ranking of the world's 50 richest self-made women. The women on this list are worth a collective $276 billion, or $5.5 billion on average—so not quite what we'd define as 'early stage' entrepreneurs, but the successes their businesses have found across sectors ranging from collagen to coal serve as blueprints for those who wish to follow in their wake. Check out the full list here! Cheers! Maggie McGrath Exclusive Forbes Profile: Teens And Tweens Are Obsessed With This Skincare Brand For Babies—Now It Brings In $100 Million A Year Kimberley Ho EVEREDEN Forbes 30 Under 30 alum Kimberley Ho walked away from her Wall Street career to launch Evereden for Generation Alpha. Today, her business brings in $100 million, and while the company sells in Sephora across eight countries outside the United States, including Canada, Australia and the Philippines, most of its revenue comes from direct-to-consumer sales online. 'Billions of investment dollars have gone to women's beauty, cosmetics and skincare, but none of that innovation and investment really went into family skincare,' Ho says. 'That mismatch just didn't make sense for me.' ICYMI: News Of The Week Speaking of lucrative business opportunities… Gail Federici sold her first company, John Frieda Hair Care, in 2002. She's more than doubled her fortune building a second brand, Color Wow, which is now eyeing a $1 billion sale. Forbes recently released its annual list of Top Creators—a ranking of America's most lucrative influencers who earned a collective $853 million last year. Among the women on this list are Alex Cooper, Charli D'Amelio and Lexi Rivera, who advises aspiring content creators to not get discouraged 'if something doesn't perform as you had hoped. It's only a matter of time until consistency pays off.' Some 54 million people tuned in to WNBA games last season, which is why 30 Under 30 alumnae Amanda Calabrese and Greta Meyer jumped at the chance to make their company, Sequel, the first official tampon sponsor for the Indiana Fever. 'From day one we wanted to work with female athletes because we've always believed that they were going to be the future of influencer marketing,' Calabrese told Forbes . According to the World Economic Forum's newly released 'Global Gender Gap Report 2025,' North America ranks highest globally in gender parity, having closed 75.8% of its overall gender gap and ranking first in the category of economic participation and opportunity. And yet: The world writ large remains a century away from achieving true gender parity. The Checklist 1. Consider reuniting with an ex… employer. According to payroll processor ADP, more workers are 'boomeranging' back to an old workplace than ever before. The benefits to doing this include a faster ability to jump into mission-critical work, because you already have a baseline point of reference. 2. Protect your yes. Learning to say no is one of the most powerful tools in business—and when you say yes to everything, you dilute your energy, your focus, and even your impact. 3. Stay focused even when everything feels uncertain. Burnout, lack of purpose, and constant interruptions can destroy our focus. Here are five brain hacks to use that can bring more clarity to your days. The Quiz Stunning images and videos from a new state-of-the-art telescope in Chile were released this week, they're the first visuals from the observatory named for an accomplished astronomer whose research confirmed the existence of dark matter. Who is the observatory named after? A. Caroline Herschel B. Vera C. Rubin C. Maria Mitchell D. Cecilia Payne-Gaposchkin Check your answer. Liked what you read? Click here to get on the newsletter list!
Forbes
01-04-2025
- Business
- Forbes
Chronicling Wealth And Power In The Public Interest
Forbes has been tracking the planet's billionaires for four decades, a duty we take seriously: Roughly 100 reporters worked on this 39th annual Billionaires issue, our yearly snapshot of the world's wealthiest. Chase Peterson-Withorn 'It's an army of financial sleuths,' says Senior Editor Chase Peterson-Withorn, who led the effort. 'They scour hundreds of thousands of pages of documents, consult tens of thousands of sources and interview, or try to, thousands of billionaires themselves.' Key lieutenants in this officer corps include Grace Chung, who coordinates with a dozen of our global editions plus two dozen non-U.S. reporters; Naazneen Karmali, who oversees our efforts in Asia; and Matt Durot, a former accountant who outfits each soldier with green eyeshades rather than fatigues. Their work serves a greater purpose. In breaking down these fortunes, the team offers thousands of success roadmaps for the rest of us to follow. Meanwhile, transparency about who owns what in the world provides accountability, especially as Silicon Valley ponders a D.C. merger and places like Russia, Turkey and China generate wealth creation with far less local visibility. As a global brand rooted in openness—of markets and minds—we're always keen to support the gathering of trusted information, and to protect those who seek it. Six years ago I founded the One Free Press Coalition, which brings together the most influential news organizations in the world to stand up for journalists under attack for pursuing the truth. We've built an umbrella encompassing Forbes, the Wall Street Journal, Reuters, the Associated Press, the Washington Post, Bloomberg and dozens more. Once a year these rivals band together to showcase the ten most urgent cases of press persecution worldwide, launching the list on World Press Freedom Day in May. As with chronicling the world's richest, transparency here serves the public interest. We've heard from so many of these reporters, who sat alone in jail cells for the crime of asking questions of their government officials, about the security they feel knowing the world is watching over them. Whichever list you survey, you'll find inspiration in every name.
