The richest American women under 40

Every year, Forbes ranks America's richest women under 40. The following 11 women have built business empires on their own and shown that it is possible to accumulate wealth with great ideas and marketing strategies. Here is Forbes' list of the richest women, with one addition of our own... a recent billionaire!

At 26, the reality TV star and cosmetics entrepreneur remains the youngest on the list for the seventh year in a row. With $710 million, Kylie launched her clothing line Khy and drinks company Sprinter Spirits in 2023. This is Jenner's third consecutive year on the list.

Co-founder of Scale AI, Lucy Guo is one of the youngest on the list at 29. She has a fortune of $500 million. After leaving Scale AI, she founded Passes, an online platform for content creators. This is the third year in a row that Guo has been on this list.

Whitney Wolfe Herd, with a fortune of $400 million, is the 34-year-old founder of the dating app Bumble. Although she stepped down as CEO, she remains a key figure in the company. This is also the third year in a row that the entrepreneur has been on this list.

With $1.3 billion, Taylor Swift, 34, joined the ranks of billionaires thanks to her successful Eras Tour, which grossed more than $1 billion in 2023. It is also the third year in a row that the singer has made the list.

At 35, Shuo Wang debuted on the list with $850 million. Wang is co-founder of Deel, a human resources software company that has surpassed $500 million in annual revenue.

Image: Deel

Singer and businesswoman Rihanna ranks as the richest woman under 40 with $1.4 billion. The 36-year-old singer's top 50 per cent of her wealth is thanks to the cosmetics line Fenty Beauty, her joint venture with LVMH, owner of Sephora, which distributes her brand around the world.

At 36, Christina Cacioppo is CEO and co-founder of Vanta and has a fortune of $385 million. Her automated security company has surpassed $100 million in annual revenue. This is the second year in a row that Cacioppo has made the list.

Daniela Amodei, 36, is CEO and co-founder of Anthropic, an artificial intelligence company valued at $18 billion. She has a net worth of $830 million.

Image: Stripe-com

The 39-year-old co-founder of Confluent and CEO of Oscilar, Neha Narkhede has a net worth of $680 million. Her fraud detection software company has grown rapidly. Narkhede appears on this list for the third year in a row.

Image: nehanarkhede-com

At $350 million, the famous singer Katy Perry made the list after selling the rights to her songs for $225 million in 2023. Perry, 39, has also worked as a judge on 'American Idol'.

Iman Abuzeid, 39, is the founder of Incredible Health, a platform that uses AI to help hospitals recruit staff. With a net worth of $350 million, she is one of the most influential female entrepreneurs in the healthcare sector. It is also the second year in a row that Abuzeid has appeared on this list.

Not on the list but recently declared a billionaire, is singer, actress, and businesswoman Selena Gomez (1992). Bloomberg estimates that her net worth is approximately 1.3 billion. Most of her income is from her makeup brand Rare Beauty, founded in 2020.

The increase in Selena Gomez's net worth was revealed only recently, on September 6, 2024, so Forbes is expected to include her in the 'Richest Women under 40' list next year.

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