Women entrepreneurs have crushed ceilings and scaled new heights of success. They are creating companies in all fields whether it’s genetic testing, tech, or aerospace. Most of them are self-made starters who tapped on social media to build brand awareness. In fact, social media has opened new horizons for business just like online trading has. It has helped the most successful women in the world become richer than ever.
Here is the list of the 10 youngest female billionaires all set to inspire young minds all over the world. These young females haven’t hesitated in taking the lead.
#1: Kylie Jenner
Kylie Jenner, the half-sister of Kim Kardashian West, is 21. She managed to build a fortune of $900 million with cosmetics in just 3 years. Although she isn’t yet a billionaire, she is expected to become one in the coming year. Jenner has leveraged social media to reach out to fans and customers. With her pout selfies and captions about Kylie Cosmetics, she has made so much business. Soon, she will take the title of “the youngest self-made billionaire” that once belonged to Bill Gates and Mark Zuckerberg.
#2: Sara Blakely
At the age of 29, Sara Blakely invested her entire life savings which amounted to $5,000 to come up with a flattering apparel brand called SPANX. She formed a new line of shaping underwear. While she was selling fax machines, as a national sales trainer, it was mandatory to wear pantyhose in the hot climate. She experimented by cutting off the feet of the pantyhose and this gave her the idea to come up with the underpants.
In the beginning, she was only selling a single product from her apartment in Atlanta. Later on, this business idea turned into a powerhouse that brought $250 million in annual revenue. Blakely’s current net worth is $1.1 billion.
#3: Anastasia Soare
The founder of Anastasia Beverly Hills is a 32-year old single mother and an inspiring entrepreneur. She started her career with Beverly Hills Salon in 1997 after noticing that nobody in the Hollywood did eyebrows in the 90s. There weren’t any eyebrow-specific makeup products back then. Two of her first clients who came for eyebrow treatment were Naomi Campbell and Cindy Crawford.
As her salon business thrived, she launched her own beauty brand which is now sold in 2,000 stores internationally. Soare says she owns 100% of the company. Her net worth is $1 billion.
#4: Huda Kattan
Although Huda Kattan herself is a millionaire with a net worth of $550 million, her company “Huda Beauty” is valued at $1 billion.
She was born in the US to an Iraqi immigrant family. She grew up in a small town struggling with self-confidence. She was bullied because of her ethnicity. Kattan started getting comfort in cosmetics. She started wearing makeup at the age of 12.
Kattan gave a kickstart to her career in 2010 with a beauty blog and how-to videos. The fact that she couldn’t find good false eyelashes inspired her to start making her own products. She borrowed money from her sister and invested her savings into the business. And there we have it – Huda Beauty, one of the most used cosmetic brands.
#5: Maddie Bradshaw
Bradshaw featured on Shark Tank with her sister and mother. She started the business of designing locker decorations with soda bottle tops as she couldn’t find anything similar in the market. During the first year of sales, she managed to earn $1.6 million. By the age of 16, 3 of the top sharks showed interest in her business.
#6: Weili Dai
Dai is a Chinese-born US geek who is the co-founder of Marvell Technology Group. Before starting her own company, she partnered with Intel for a while. Dai has a major role to play in the success and growth of the company. She may not be the youngest billionaire but she still deserves to be in the list.
#7: Ashley Qualls
Qualls founded Whateverlife.com when she was 14. She took an $8 loan from her mother to set up her own website. She was doing her freebie MySpace layouts when her design skills got the attention of the world. She was even offered $1.5 million and a car of her choice from an anonymous buyer. She declined the offer though. Her net worth currently is $8 million but her days of becoming a billionaire aren’t far behind.
#8: Tatiana Casiraghi
Casiraghi isn’t technically a self-made billionaire. She is the heiress of her grandpa’s company “Colombian Brewery Bavaria.” Her net worth is $2.4 billion.
#9: Alexandra Andresen
22 years old Alexandra Andresen has a net worth of $1.4 billion. She is the heir a Norwegian investment company “Ferd.” She may not be a self-made billionaire but she has still made it to the list. Alexandra along with her sister Katharina inherited the fortune when 42.2 percent of the shares were transferred to each one of them.
#10: Katharina Andresen
Katharina is Alexandra Andresen’s sister and Ferd’s shareholder which also makes her a young billionaire. Their dad John still runs the company though.
These young women certainly give the message to follow your dreams. Even if you are passionate about trading, you should give it a shot by picking CFD stock trading. Don’t let the stereotypes break you!