![]() With an estimated net worth of $17.5 billion, Koch is the second-richest man in New York City, behind Michael Bloomberg. Although the shirt he’s wearing is custom-made and his tie is Hermès (a gift from his late friend Winston Churchill Jr.), he could readily be mistaken for a mid-level executive at a large company in his native Kansas. Koch is six foot five, with unusually long arms to match. Koch has a seemingly limitless storehouse of such Elks club–inflected jokes, which are often followed by his loud, wheezy honk of a laugh. “I played basketball when you could be white and be good,” he says. Until recently, he held the record for most points scored in a single game at M.I.T.: 41. “If you spent as many years as I did begging girls for favors, you’d have bad knees, too.” The 70-year-old Koch actually wore out his knees playing basketball. “This is a plastic version of my artificial knees,” he says. She faced a backlash online when The Atlantic, where Emerson Collective is majority owner, laid off 20% of its staff in May after ad sales dropped because of the pandemic.Billionaire philanthropist David Koch is in his Madison Avenue office showing me one of his more unusual possessions, a mechanical-looking doodad on the coffee table next to the couch. Powell Jobs-who inherited billions in Apple and Disney shares from her late husband Steve Jobs-runs the Emerson Collective, a social change organization that makes both donations and investments. ![]() Laurene Powell Jobs NET WORTH: $16 billion The pandemic could cancel trick-or-treating this year, a significant source of revenue. Her net worth has dipped an estimated $700 million since last year. Mars owns an estimated one-third of Mars Inc., the private confectionary giant that makes candy staples like M&Ms, Snickers and Twix and is also a big seller of pet food, with 50 brands including Pedigree and Whiskas. The richest woman in New York City, Koch has reportedly been hunkering down in her $27 million Southampton estate during the pandemic. ![]() Koch first appeared on The Forbes 400 last year after she and her children inherited a 42% stake in manufacturing and fossil fuel conglomerate Koch Industries following the death of her husband, David Koch. The museum brought works by the likes of Georgia O'Keeffe and Andy Warhol to the city of 51,000.Ĭourtesy of Julia Koch Julia Koch NET WORTH: $45 billion In 2011, she opened the $1.2 billion Crystal Bridges Museum of American Art in Bentonville, Arkansas, also home to Walmart’s corporate headquarters. She was awarded the Getty Medal in February for her contributions to the field. ![]() The only daughter of Walmart founder Sam Walton, Alice Walton has focused her career on the art world. Here are the nine richest women in the U.S.: ![]() Only two on the list Oprah Winfrey and Thai Lee, the woman behind IT provider SHI International, are women of color.įorbes calculated net worths for this year’s Forbes 400 list using stock prices from July 24, 2020. Census Bureau-is even more pronounced among the nation’s richest women. The ten richest women on the list all inherited their fortunes.Īmerica’s racial wealth gap-white people hold nearly 85% of the country’s wealth despite making up just over 60% of the population, according to the Federal Reserve and U.S. The other 45 inherited their wealth from their families or late spouses - or like MacKenzie Scott, obtained her fortune as part of her divorce settlement with Jeff Bezos. Construction mogul Diane Hendricks (net worth: $7 billion) is the richest among them. Only 11 of the 56 women on The Forbes 400 are self-made, meaning they built their fortunes on their own or with their spouse. ![]()
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