Daniella Pierson, who founded women-focused newsletter company The Newsette when she was 19, is now one of the wealthiest women of color in the U.S. And, at age 27, she's younger than just about any self-made female entrepreneur with a nine figure fortune.
She's worth a jaw-dropping $220 million, and this is largely from bootstrapping her media company. Pierson, who turned 27 just last week, is ten months younger than Lucy Guo, the richest under 30 BIPOC woman on Forbes' 2022 list of America's Richest Self-Made Women.
A Latinx founder, Pierson built The Newsette from nothing to $40 million in revenues and profits of at least $10 million last year, she says. Two weeks ago she sold a small stake in The Newsette to an investor in a transaction that values the company at $200 million. It's the first outside money she's taken (besides a $15,000 loan from her parents, which she repaid), and she remains the company's majority shareholder. She also cofounded mental health media company Wondermind with Selena Gomez and Mandy Teefey (Gomez's mother), which just nabbed a $100 million valuation.
Read the full story on how Pierson became a $220 million woman here.