25 Richest Women in the World

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In this article, we will be taking a look at the 25 richest women in the world. To skip our detailed analysis of the trends and dynamics of women's businesses, head directly to see the 5 Richest Women in the World.

Women’s Wealth

A lot of the richest people in the world have had to lose their wealth in 2022. According to Forbes World’s Richest List 2023, the total number of billionaires dropped from 2,668 in 2022 to 2,640 in 2023. Overall, the world’s billionaires have lost $500 billion of net worth from $12.7 trillion in March 2022 to $12.2 trillion in March 2023. An interesting fact to note is that the number of female billionaires is on the rise. Among the top richest people in the world, there are 337 women billionaires, up from 327 in 2022. 

Women have started to step up and take the initiative of starting their businesses. As we mentioned earlier, almost half of all women-owned businesses are from three sectors that include healthcare and social assistance, beauty and pet care, and scientific and technical services. Women-owned businesses in the U.S. have performed significantly well. First Round Capital claims that the companies it invested in with female founders outperformed all-male founding companies by 63%. Additionally, as we discussed previously, Kauffman Fellows found women-led teams produced 35% better return on investment compared to all-male teams.

Women Kept Under Shadows for Years

Women have faced gender discrimination for centuries in politics, in the workplace, and at home. In some countries, women are legally restricted to work in certain professions while in other economies, they are discriminated against by pay gaps. These are a few problems that have kept women under the shadow for many years. Developed economies have made major changes in their laws and frameworks to implement gender equality across all phases of life. 

Feminists have been vocal about the interests of women in all fields of life. According to Pacific University, in 1848 the first wave of modern feminism took place at the Seneca Falls Convention. Elizabeth Cady Stanton introduced and drafted the Seneca Falls Declaration highlighting the ideology and political aspects of the movement. The second movement in the 1960s focused on social equality with equal rights regardless of sex. The movement continued once again in the 1990s, proving the point that women can play an equal and as important role as men. 

Technology Paving Ways for Women

One of the major things that have played a big role in women’s equality is technology. Modern technology has created awareness across the globe and women have explored their potential in the best way possible. For instance, women entrepreneurs have made the best use of e-commerce. The e-commerce marketplace has allowed women to capitalize in one of the largest markets in the world.