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The World's Richest Self-Made Women
By Luisa Kroll, Forbes 06.14.10, 02:00 PM EDT
Only 14 women in the world have amassed personal fortunes of $1 billion or more--just 2% of all self-made billionaires. Why so few?
Astia CEO, Sharon Vosmek, cited on page 2 Another issue is financing. Research from the Kaufmann Foundation shows that women-led tech companies typically launch with capital at levels 30% to 50% less than those led by men. They also raise much less venture capital, accounting for just 8% of invested venture money in 2008. "For whatever the many reasons, women are not participating in this high-growth, wealth creation end of the economic spectrum," says Sharon Vosmek, chief executive of Astia, a nonprofit that advises female entrepreneurs. Read the full story: http://www.forbes.com/2010/06/14/richest-women-entrepreneur-billionaire-whitman-oprah-rowling_2.html |