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These 8 entrepreneurs and entertainers, including Selena Gomez and Taylor Swift, are setting records and forging new paths—early in their careers. Whether with sold-out stadium tours, unicorn tech startups or viral makeup lines, the youngest members of Forbes’ 2025 list of America’s Richest Self-Made Women have achieved outsized success early in their careers–building fortunes worth hundreds of millions–or even a billion– before their 40th birthday. To make this ranking as a young person isn’t easy. Of the 100 list members, only eight are under 40 this year. That’s down from 11 last year, as a result of two members turning…
An inside look at the launching point for these women entrepreneurs, executives and entertainers. Not all fortunes are created from the same starting point. This year, a small number of the 100 members of Forbes’ 2025 list of America’s Richest Self-Made Women were born into wealthy families. An even smaller number grew up in poverty and battled adversity. Just over half come from middle-class backgrounds. As part of our reporting on how these inspiring entrepreneurs, executives and entertainers built their careers, we delved into list members’ histories, taking into account their family’s socioeconomic status and any setbacks or advantages that…
After years of booming entrepreneurship, the market is softening for celebrity-backed companies. But eye-watering earnings continue to roll in for the biggest female movie, TV and pop stars in the country. In business, timing is everything—even for the rich and famous. The boom time for celebrity entrepreneurship took off like a rocket around the end of 2020, and the pop stars, actors and talk show hosts who best took advantage minted fortunes in the hundreds of millions, even billions in a few cases, by putting their name on everything from cosmetics brands to TV and movie production companies. But now…
The 10th anniversary of Forbes’ list marked another record year for these queens of capitalism, with a 20% jump in billionaires and the highest ever minimum net worth. Bigger fortunes. More billionaires. Increasing impact. We mark the 10th anniversary of our annual list of America’s most successful self-made women by celebrating how far these 100 entrepreneurs, executives and entertainers have come. Together these ceiling-breakers are worth a combined $155 billion, more than ever before. There are 38 billionaires this year, with fortunes originating in everything from cars to cosmetics to Chardonnay. That’s more than double the 18 billionaires we found…
ST. PETERSBURG, Fla. (AP) — Longtime academic Santa Ono was rejected Tuesday for the University of Florida presidency by the state university system board amid sharp criticism from political conservatives about his past support for diversity, equity and inclusion programs and other initiatives they view as unacceptable liberal ideology.The Florida Board of Governors, which oversees the state’s universities, voted 10-6 against Ono, who was most recently president of the University of Michigan. The University of Florida Board of Trustees had voted unanimously in May to approve Ono as the school’s 14th president, and it is unprecedented for the governors to…
A school system in Connecticut that’s at the center of an ongoing legal fight over allowing transgender student athletes to participate in competitive girls’ sports is being investigated by the Trump administration, the U.S. Department of Education confirmed Tuesday, adding a new flashpoint in the national debate over trans girls’ participation in youth sports.James Demetriades, the mayor of Cromwell, said the town’s school system could lose nearly $1 million in federal special education funding if the department determines it’s in violation of Title IX, the federal civil rights law that forbids discrimination based on sex in education programs or activities…
TALLAHASSEE, Fla. (AP) — A federal judge has barred state officials from enforcing a Florida law that would ban social media accounts for young children, while a legal challenge against the law plays out. U.S. District Judge Mark Walker issued the order Tuesday, blocking portions of the law from taking effect. The measure was one of the most restrictive bans in the U.S. on social media use by children when Gov. Ron DeSantis signed it into law in 2024. The law would ban social media accounts for children under 14 and require parental permission for their use by 14- and…
Borrowers who have defaulted on their federal student loans will no longer be at risk of having their Social Security benefits garnished, an Education Department spokesperson said Tuesday. The government last month restarted collections for the millions of people in default on their loans. An estimated 452,000 people aged 62 and older had student loans in default, according to a January report from the Consumer Financial Protection Bureau.The department has not garnished any Social Security benefits since the post-pandemic resumption of collections and has paused “any future Social Security offsets,” department spokesperson Ellen Keast said. “The Trump Administration is committed…
ThisA residential treatment school for girls in the North Carolina mountains has closed after a state investigation and the deaths of two of its students who took their own lives.Asheville Academy announced Tuesday that it released all of its students from its Weaverville campus this past weekend, saying the decision to voluntarily close was difficult.The closing came a few days after North Carolina mental health officials ordered the academy to stop taking in new students until the school could show it was protecting girls from harm, abuse and neglect and was properly supervising employees.That order came after the launch of…
BOSTON (AP) — A high school volleyball team in Massachusetts is asking fans to wear white to their match Tuesday night to show support for a teammate who has been detained by federal immigration authorities.“Our game on June 3rd will be played in honor of Marcelo. We will continue to pray and fight for our brother,” the Milford High School boys volleyball team said in an Instagram post.Marcelo Gomes da Silva, a junior born in Brazil, was detained by Immigration and Customs Enforcement agents Saturday on his way to volleyball practice. Acting ICE Director Todd Lyons said Monday that agents…