In recent news, Forbes launched its eighth annual list of America's Richest Self-Made Women, a ranking that spotlights the entrepreneurial success and the fortunes of the 100 richest, most successful women in business.
Of the 100 list members, 38 are worth less than in 2021, but 51 are richer, including 7 newcomers and 7 women who return to the ranks after having previously fallen off. One newcomer to the list is fashion entrepreneur Paige Mycoskie, whose brand Aviator Nation took off during the pandemic as TikTok teens embraced the Venice Beach vibe by snapping up its pricey $160 smiley face sweatpants and $190 retro-looking rainbow-striped hoodies. Every piece of Aviator Nation apparel is sketched by Mycoskie and hand-made in a California factory. Sales increased from $70 million in 2020 to $110 million in 2021, and the brand is projecting at least a doubling of that figure by 2023.
Also new to the list is artificial intelligence whiz Lucy Guo, the cofounder of Scale AI, which she started in 2016 with Alexandr Wang. Guo debuts thanks to a nearly 6% stake in Scale AI, which was valued by private investors at $7.3 billion in 2021. Guo and Wang made the Forbes 30 Under 30 list in 2018, the same year Guo left the artificial intelligence firm. She cofounded early-stage venture capital firm Backend Capital in 2019 and in April this year launched Moment, which she describes as a "Web3 platform for creators."
Another newcomer to the list is Emma Grede, the first Black woman to serve as an investor on ABC's Shark Tank. She is the CEO of Good American, the size-inclusive fashion brand she launched with Khloe Kardashian in 2016. She is a founding partner and chief product officer of Kim Kardashian's shapewear brand Skims, of which Grede's husband is CEO. Grede also founded marketing agency ITB Worldwide in 2008.
To see the full list, click here, and to meet the newcomers, click here.
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