Your daily dose of Austin
Smartphone image
×
Make your inbox more Austin.
Local news and fun, every day 6am.
Austin claims four of America’s richest self-made women

Eight Texas women have made Forbes' latest and sixth annual America's Richest Self-Made Women list released Tuesday. Of the eight, four of them call Austin home, which is more than any other city in the state. Together, the Austin women are worth more than $4.8 billion.


Here are the four Austin women on the list:

Thai Lee, $3.2 billion

Coming in at eighth place on the list, Thai Lee is no stranger to Forbes, as she also made Forbes' 400 earlier this year. Lee is the CEO of IT provider SHI International, which has over 20,000 customers including big names like AT&T. Lee lived in South Korea until high school, when she moved to the U.S. A Harvard MBA alumna, Lee majored in biology and economics because she wanted to avoid speaking English in class.

Whitney Wolfe Herd, $575 million

TechCrunch Disrupt San Francisco 2018 - Day 2

(Steve Jennings/CC)

Ranking 39th on the list, Whitney Wolfe Herd has changed the online dating scape as we know it. Herd is the CEO and founder of Bumble, a dating app where women make the first move. The businesswoman is dedicated to empowerment of women; Bumble was originally intended to be a social media platform for women—the app even has a venture fund dedicated to investing in women-run businesses. Herd has almost doubled her wealth since last year, clocking in then at $290 million.

Lisa Su, $530 million

(Gene Wang/CC)


At 44th place, Lisa Su has made a name for herself in the tech sector. Since she became CEO of semiconductor firm Advanced Micro Devices in 2014, stock prices have risen 20-fold. Su was born in Taiwan but raised in the U.S., where she achieved her Ph.D in electrical engineering at Massachusetts Institute of Technology. Su has also worked at big tech companies like IBM and Texas Instruments. The businesswoman was also featured in Forbes' Top 50 Women in Tech in 2018.

Kendra Scott, $510 million

Though she may be last on the list, Scott is possibly the most well-known businesswoman in Texas. In addition to founding her own jewelry empire, appropriately named after herself, Scott now boasts a teaching position at UT and will take a seat as a guest Shark on ABC's "Shark Tank" in the upcoming season. The jewelry mogul started her business in her spare bedroom at home because she couldn't find quality jewelry she could afford at the time. Scott has been featured in Forbes' Self-Made Women list since 2017.

The full list was calculated using stock prices from Sept. 11 of this year.

More on Austin's wealthy:

Popular

1923 Lake Austin mansion demolition request pitting preservationists and some neighbors against owner and city preservation office
Austin Monitor

By Jonathan Lee

The Planning Commission was split Tuesday on whether to help save an eclectic lakefront estate from demolition by zoning it historic amid concerns over tax breaks and the likelihood that a previous owner participated in segregation as a business owner.

The property in question, known as the Delisle House, is located at 2002 Scenic Drive in Tarrytown. The main house, with Spanish and Modern influences, was built in 1923 by Raymond Delisle, an optician. A Gothic Revival accessory apartment was built in 1946. The current owner applied to demolish the structures in order to build a new home.'

Keep ReadingShow less
Freaky Floats and other Austin food & drink news
Austin Motel

What's new in Austin food & drink this week:

  • Nau's Enfield Drug closing after losing their lease. Did McGuire Moorman Lambert buy the building, with its vintage soda fountain?
  • Nixta Taqueria Chef Edgar Rico named to Time Magazine's Time 100 Next influencer list, after winning a James Beard Award earlier this year.
  • Question: From what BBQ joint did pescatarian Harry Styles order food this week?
  • Austin Motel is opening the pool and pool bar Wednesday nights in October for Freaky Floats.
  • Vincent's on the Lake closing due to "economic conditions and low water levels [at Lake Travis]."
  • Cenote has closed its Windsor Park location. The East Cesar Chavez location remains open.
  • The Steeping Room on N. Lamar has closed.
  • Local startup It's Skinnyscored new financing for its gluten-free pasta business.
  • P. Terry's opened a new location in Kyle, at 18940 IH-35.