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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:
- Who are the Austin billionaires? The new list is out. - austonia ›
- Five reasons why Elon Musk and Grimes should choose Austin ... ›
- Who is Nate Paul, the real estate investor linked to abuse-of-office ... ›
- Austin Kendra Scott selling earrings designed by UT students - austonia ›
- Elon Musk surpasses Jeff Bezos as richest person in the world - austonia ›
- Bumble files to go public, Digital Realty makes move to Austin - austonia ›
- 11 women on the cutting edge of Austin development - austonia ›
- 10 Austinites makes Forbes' 2021 list of global billionaires - austonia ›
- Austin ranked among top global cities for entrepreneurs - austonia ›
- Austin ranked among top global cities for entrepreneurs - austonia ›
- Bumble: 2 out of 3 people say you can fall in love before meeting - austonia ›
- Dating apps expect to feel more pandemic love as COVID surges - austonia ›
- Forbes 400 names seven Austin billionaires and two bite the dust - austonia ›
- Central Texas women are joining manufacturing at record pace - austonia ›
- Rich residents find Austin and wealth management sees a boom - austonia ›
- Elon Musk and eight Austinites make Forbes Billionaires list - austonia ›
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Average gas prices in Travis County are sitting a hefty $4.16 per gallon, according to AAA, compared to an average of $2.70 last year. Nationwide, fuel prices are at an average of $4.48 per gallon.
The bill per gallon is the highest ever recorded in Austin but experts don’t expect a reprieve anytime soon—GasBuddy head of petroleum analysis Patrick DeHaan said to expect new records on a “near daily” basis.
"There isn’t much reason to be optimistic that we’ll see a plunge any time soon,” DeHaan said, adding to expect prices closer to $5 by the end of the week.
Why are prices climbing? DeHaan says to blame low inventory combined with high demand, more expensive blends and warming temperatures jump-starting “driving season.”
While gas prices are marginally cheaper in Williamson and Hays Counties, between $4.12-$4.13, surrounding counties are locked into the same price range.
