The views of this article are the perspective of the author and may not be reflective of Confessions of the Professions.
Reaching the incredible milestone earning of $100 billion is currently held by only males, but who will be the first-ever female centi-billionaire and when is she predicted to achieve this monumental milestone?
RS Components has analysed the fortunes of the world’s wealthiest women to predict who will join Jeff Bezos and Bill Gates to become the first female ‘centi-billionaire’. You can view the full infographic below.
Françoise Bettencourt Meyers, French author and heiress to L’Oréal is most likely to be the first woman to reach $100 billion net worth
Some key hooks for your readers:
- Françoise Bettencourt Meyers is likely to be the first woman to reach the $100 billion mark with a predicted nine years until she joins the club
- American novelist and philanthropist Mackenzie Bezos is likely to make the $100 billion mark at 65 years old in just 16 years time
- 4 of the world’s wealthiest women are not likely to reach $100 billion until they are over 100 years old – with Laurene Powell Jobs predicted to reach this milestone at 110 years of age.
- Yang Huiyan is the youngest woman on the list (38 years old) and is likely to join the cent-billion club when she’s 62 years old as the majority shareholder of Country Garden
- Gina Rinehart currently has the lowest net worth on the list but is expected to make the $100 billion mark in just 20 years
The list of women on the road to $100 billion:
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|Name||Company||Net worth (billion)||Years to 100 billion||Age now||Age at 100 billion|
|Françoise Bettencourt Meyers||L’Oréal||53.9||9||66||75|
|Gina Rinehart||Hancock Prospecting||15.5||20||65||85|
|Yang Huiyan||Country Garden Holdings||22.8||24||38||62|
|Jacqueline Mars||Mars, Inc.||38.8||28||80||108|
The worlds rich lists continue to be male-dominated, with the likes of Jeff Bezos and Bill Gates becoming the first people in history to achieve a net worth in excess of $100 billion. Despite progress being made across industries, the lack of females in the top spots imply that the gender gap is still a prominent issue when it comes to business and women’s earning potential.
RS Components has analysed the net worth of some of the world’s richest female billionaires to find out just how far behind women are in achieving a net worth of $100 billion and when they are likely to join the ‘centi-billionaire’ club. You can view the full findings here.
Coming in first is French billionaire heiress, Françoise Bettencourt Meyers. L’Oreal’s founder, Eugène Schueller’s granddaughter and board member of the personal care company since 1997. Bettencourt Meyers net worth is estimated to double from $53.9billion to $100bn in just nine years.
The second female to join the club is Amazon’s CEO Jeff Bezo’s ex-wife, MacKenzie Bezos. Amazon’s first-ever employee and now one of American’s top novelist and philanthropist has a $39.1bn fortune. She is currently known as the worlds 22nd richest person and by December 2034 will be sitting amongst her ex-husband as a ‘centi-billionaire’.
Shortly behind Bettencourt Meyers and Bezos is Gina Rinehart. Chairman of Hancock Prospecting – a privately owned mineral exploration and extraction company originally founded by Gina’s father, Lang Hancock. Today, Rinehart is classed as Australias richest citizen due to her net worth of $15.5bn, is predicted to be a member of the ‘centi-billionaire’ club in 20 years.
The piece reveals that for some females on the list reaching $100bn is unlikely within their lifetime. For example, Chilean businesswoman, Iris Fontbona and president and chief executive officer of Fidelity Investments, Abby Johnson both have a net worth totalling $15.5bn, taking 50+ years for them to become a centi-billionaires.
As females continue to move up the ranks on the rich lists, will this be seen across all industries? Or is gender pay equality only for the elite?