Aug 182013

Here are the top ten women billionaires.  According to Forbes Magazine, of the 1,426 people on the new 2013 Forbes list of the World’s Billionaires, just 138 are women.   O.K. let’s observe this again: There are 1288 male billionaires and 138 women billionaires.

Let’s look just at the top five female billionaires.

French Billionaire L'Oreal heiress Lilia1. Calculated at 30 billion is Liliane Bettencourt at age 90 years old.  She is the world’s richest woman.. She and her family own over 30% of L’Oreal, which her father founded.  She was born in France in 1922 to  Louise Madeleine Berthe (née Doncieux) and Eugene Schueller the founder of L’Oreal, one of the world’s largest cosmetic and beautycompanies. Her mother died in 1927 when Liliane was 5 years old, and she formed a close bond with her father, who later married Liliane’s British governess. At the age of 15 she joined her father’s company as a an apprentice, mixing cosmetics and labelling bottles of shampoo.  She married a French politicians. She inherited her father’s fortune in 1957.   In August 2012 she sold her private island, D’Arros Island to a Seychelles-registered conservation business linked to the Swiss Save our Seas Foundation. The island was sold for £60 million.  In late 2012 she bought a residence in Hottingen, Zurich for a reported 62 million francs. It is believed for tax saving purposes due to the French Wealth Tax (ISF) & French Exit Tax.

2. Calculated at 28.2 billion is Christy Walton of Walmart



Christy Walton’s net worth reached new highs as Wal-Mart stock jumped in 2012. She remains the richest woman in the United States. Christy inherited her wealth when husband John Walton, a former Green Beret and Vietnam war medic, died in an airplane crash in 2005.


3. Calculated at $26.3 billion is Alice Walton of Walmart



Wal-Mart heiress Alice Walton gave $1.7 million to a Washington D.C. charter schools initiative alongside fellow billionaires Bill Gates, Paul Allen and Steve Ballmer. The Walton family’s most generous philanthropist, her ambitious Crystal Bridges Museum of American Art in Bentonville, Ark., opened in 2011 featuring works donated from her personal collection–which is valued in the hundreds of millions of dollars.




4. Calculated at $17.4 billion isimages-14 Iris Fontbaon who received her wealth from Mining in Chile.

Billionaire Andronico Luksic died of cancer in 2005, leaving his business empire in the care of his wife, Iris Fontbona, and his three sons: Jean-Paul, Andronico, and Guillermo Luksic. The Luksic family controls Antofagasta, one of the world’s largest copper miners.



5. Calculated at $17 Billion ia Georgin Rinehart of Australia – source of wealth: Mining


Australian mining magnate Gina Rinehart is still the richest woman in the Asia-Pacific region, even though falling iron ore prices have shaved $1 billion off her net worth.

Georgina is estranged from some of her children who are fighting to gain some control of her fortune.

MINING magnate Gina Rinehart has written to her two children, making an offer which she hopes will bring their litigation to an end, a court has heard.

Ms Rinehart’s barrister, David Russell QC, told the Supreme Court on Monday that the “open letter” was to John Hancock and Bianca Rinehart, two of her four children.

The letter, which was handed over this morning, states that “the first defendant would be willing to appoint a co-trustee” to the multibillion dollar family trust, Mr Russell said.

It was done in the hope that the siblings’ litigation against their mother would come to an end, the court heard.

Mr Hancock and his sister, Bianca Rinehart, are seeking to oust their mother as trustee, claiming she acted “deceitfully” and with “gross dishonesty” in her dealings with the trust, which was set up in 1988 by her father, Lang Hancock, with her children as beneficiaries.

They were previously supported by their sister Hope Welker, but she withdrew from the case earlier this year.

Ms Rinehart is supported by her youngest daughter, Ginia.

Mr Hancock has been put forward as a proposed alternative trustee, along with Adelaide businessman Bruce Carter.

Justice Patricia Bergin described Ms Rinehart’s offer as a “very big step”.

“This litigation has been going for years,” she said.

Christopher Withers, representing Mr Hancock, told the court “it was a step” but they would need time to consider it.

The hearing continues.

The civil trial is set down for October 1.




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