Today women entrepreneurs encompass nearly 1/3 of all the entrepreneurs in the world. Unlike their male counterparts, women face a lot more challenges and obstacles on their way to success. Though the world is fast changing, women still face traditional gender-role society has designated on them. Not hindered by hurdles on their path, many women in the last century have risen to become inspiring female business magnets in the world. Here is the list of 7 such inspiring female business magnets the world has seen.
7. Kiran Mazumdar Shaw:
The founder of Biocon, Kiran Shaw has a net worth of $655 M as of October 2013. Her once small project started with a tiny investment of INR 10,000/- has today made her the wealthiest self-made woman in India. Her company manufactures affordable drugs ranging from cancer treatment, diabetes to chronic psoriasis and many more.
6. Cher Wang:
Cher Wang, a Taiwanese business magnet is the co-founder and chairperson of HTC Corporation, which is one of the leading sellers of smart phones in the world. Cher Wang is lovingly called the ‘Pride of Taiwan’ for her successful achievement in the world of technology. With a net worth of $8.8 Billion, Cher Wang, along with her husband Wen Chi is ranked as the wealthiest person in Taiwan by Forbes.
5. Diane Hendricks:
Diane Hendricks is the chairperson of ABC Supply Co., Inc. in addition to owning the Hendricks Holding Company with an estimated net worth of 4.56 billion. One of the most prominent philanthropists of Wisconsin, Diane Hendricks is also a film producer with movies An American Carol and The Stoning of Soraya M. under her belt. She is widow of Kenneth Hendricks who grew a shingle supply company into a $2.6 billion fortune. His business never felt the impact of his death due to excellent leadership of his widowed wife.
4. Martha Stewart:
Martha Stewart is called the Doyenne of Domesticity due to the popularity of her cookbooks, Martha Stewart Living magazine and the television show The Apprentice: Martha Stewart. She had a humble beginning with the skills she learned from her mom to cook, sew and craft to reach a target of US$638 million in 2011. Her popularity has made her craft decorations for both Presidents Barack Obama and Bill Clinton. She is also the founder of Martha Stewart Living Omnimedia.
3. Zhang Xin:
The real estate mogul from China has a net worth of $ 3.6 billion dollars to her credit. She is the CEO of SOHO, the largest commercial real estate developing company in Beijing. She is also heading the Teach for China Board as chairwoman. Once displaced from Burma and having a humble beginning where she shared a small room with just enough place for 2 bunker beds with her mother, the success of Zhang Xin is truly inspiring.
2. Rosalia Mera:
Forbes ranked Rosalia Mera as the world’s wealthiest self-made female entrepreneur until her death in August, 2013. Her net worth was more than 6 billion. She founded Inditex and Zara line of clothing with her former husband Amancio Ortega Gaona, which they developed into a multi-billion corporation. Her strategy of imitating popular fashions and quickly presenting them for sale at inexpensive prices was responsible for the success of Zara.
1. Coco Chanel:
Coco Chanel is the original and most inspirational women business magnate of the world. Born to an unwed laundrywoman in Saumar France, Gabrielle Bonheur Chanel grew up in a home founded to care for the poor and rejected girls, after her mother’s death. Initially Chanel made her living by sewing and singing in a cabaret. Once she opened the Hat Shop, there was no looking back for Chanel. She went to revolutionize women’s fashion by freeing them from corsets and frills. She further forayed into the industry of fragrance with her brand Chanel No. 5. Her fashion creations were as unique as her distinct beauty.