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The 10 Richest Women in the World

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Can you name the wealthiest people on Earth? Likely, names including Bill Gates and Warren Buffet come to mind, but how many women could you name? If the answer is not many, you’re not alone. The fact is, there are some immensely powerful and wealthy women in the world, many of them living under-the-radar and out of the public’s eye.

Just like the world’s wealthiest men, the world’s richest women have acquired their fortunes through a variety of means. Many came to their wealth through inheritance, either marrying into it or receiving it from a dying parent or grandparent. Others have built successful businesses, or even used incredibly wise investing strategies. Still others simply took some powerful initiative and climbed the corporate ladder, starting from relatively simple means and vaulting to the top of the food chain.

We’re going to take a brief look at the world’s top 10 wealthiest women, as researched and compiled by Forbes in 2014. Naturally, this list is set to change and be updated with every passing year, but as of right now, these women occupy the top spots.

Read on to see the world’s 10 richest women.

10. Johanna Quandt

With a net worth of $12.8 billion, Johanna Quandt cracks the world’s top 10. If you have never heard of Quandt, you’re not alone. She came to prominence by working for, and eventually marrying, Herbert Quandt, who was a German industrialist who took over BMW and saved it from bankruptcy. She still holds a significant chunk of BMW stock and sits on the company’s supervisory board. Her husband died in in 1982, leaving his money to Johanna and their two children.

9. Laurene Powell Jobs

The widow of Apple founder Steve Jobs, Laurene Powell Jobs sits atop a fortune worth $14 billion. Jobs is incredibly well-educated, having received degrees from both the University of Pennsylvania and Stanford University, and has also put her entrepreneurial skills to work by founding Emerson Collective and College Track, both of which work toward bettering education. Jobs is also the largest single shareholder of Disney stock, which has helped boost her net worth considerably.

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Top 10 Tips for Women In Business

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Having worked now for over two decades with women and organizations on gender diversity culture, what I have witnessed are many fabulously wonderful, feisty, smart and talented women who are not where they should be in terms of their career. There are a number of reasons for this. One: a lot of women believe they need to sacrifice their femininity in order to achieve their goals in a ‘man’s world.’ Two: a lot of women are far more likely to hold themselves back and allow a false sense of ‘not being good enough’ to get in the way of their magnificence. Three: some women are still locked within the cultural and societal label of the ‘working mother.’ I have a question: Why in the 21st Century are we still only using the term ‘working mother’ and not including the term ‘working father?’

Of course companies have a duty and responsibility to the women they employ to ensure they have the correct and fair policies, practices and culture in place to be fully supportive of everyone. But, here’s the thing. Women have a responsibility too. Have a responsibility to step out from the shadow of our ego and step into the spotlight of our magnificence and shine. We have a responsibility to all the women who have gone before us and to all the women following on behind us.

So, here are my top ten tips for women in business – whether you work as an employee or run your own company. Collectively we have the power to make the changes and shifts in mind set that are crucial for the sustainability and health of all companies now and in the future, but we can only do that if we truly own and take responsibility for our lives and our magnificence.

Number One – Who are you?

Ensure you are really clear about your skills and talents. People can only respond to us dependant on the messages we give them. If you are not clear on what you are brilliant at, how can you communicate that to other people? People want to have confidence and trust in our abilities, first that confidence and trust has to come from inside of us.
Know your values in life and ensure you live by them. Nothing is likely to cause more stress in your life than living incongruently with your values. Really go deep inside and write down what is important to you in life, then look at how you live and make any adjustments necessary to live authentically.

Number Two – Be aware of your head tapes

Start to be consciously aware of what you say when you talk to yourself, as you may well get in your own way far more than anyone else will. Most people talk to themselves aggressively and find it hard, verging on the impossible, to be kind to themselves and congratulate themselves on a being a great person.
Learn how to delete and neutralize any negative messages. Write them down – get them out of your head and really question yourself: where did these messages and beliefs come from? Remember, you were not born with these beliefs about yourself, so any thoughts you have, you have acquired during your life. If you possess any beliefs that are not supportive of you and your future, delete them and re-record positive replacements.

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Top Ten Characteristics of Successful Women Business Owners

Today, there are more women in leadership positions than at any time in this country’s history. Women are making history and changing the face of this nation’s economy. Today, women hold 51% of all management and professional positions. Fourteen percent of the military are women. There are 91 women who are elected members of Congress – the highest ever.

Most impressive, however, is the movement of women into entrepreneurial leadership. WLE members know the statistics — women have been starting and growing businesses faster than men for over two decades now. Women-owned businesses that have surpassed the $1 million mark are no longer a rarity. Today, the Center for Women’s Business Research reports that 20% of all businesses over $1 million are owned and led by women, and many of these businesses are multi-million dollar enterprises.

The perennial question is: what sets the women who own and lead the fastest growing and most substantial businesses apart? What can women who aspire to grow their businesses learn from these women?

To help answer that question, I combed through twenty years of research with thousands of women business owners at the Center for Women’s Business Research, added in the latest research on leading women in business conducted by universities and other researchers, and drew upon my personal experiences with this nation’s top women entrepreneurs.

The result was ten characteristics that clearly described and differentiated the most successful women business owners.

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1. Define Success in Your Own Terms

It is SO easy to let others – well intentioned others – define success for you. Think about it. Your parents, your spouse/partner, your children, the people who work for you, your friends – they all try to define success for you.

Women are sensitive to social pressures, and it is so easy to fall into the trap of embracing the existing definitions of success. One of the last frontiers for women is to recognize that their personal definition of success may differ from the traditional definitions. That’s why you became a business owner – you do think differently!

All the various “others” offer you great insights and ideas. You should listen to them and consider what they are telling you. Many times, you will find others see strengths in you that you have not recognized. But, in the final analysis, YOU must take control of your destiny and define success in your own terms.

2. Be Values Based

The most successful women business owners have examined their values and know what they are. Further, they have the COURAGE to act upon these values.

“Values are your core,” says Francine Manilow, president, Manilow Suites. “Everything else around you may be in flux and changing – but your values remain rock solid.”

3. Create Cultures of Success

Focus on your internal business culture and build an environment that reflects your values. The most successful women business owners create organizations that are characterized by inclusiveness and diversity; team orientation; consultation; coaching and individual development; and inspiring others to move toward a goal.

In a research project, we asked women who owned substantial businesses what they were doing differently than their previous employer. The response was simple: “We ask employees for their opinions and insights – and we actually listen to the responses.”

Structure your organization so that each employee will feel successful both professionally and personally. The result is an organization that is successful because it reflects the success of every member.

4. Trust Your Instincts

Instincts are not whimsical feelings without foundation. Says Laura Henderson, former CEO of Prospect Associates, “My instinct is really my hard drive of experience, knowledge, and insights collected throughout my lifetime. When faced with a situation that requires a decision or a judgment call, all of the factors present in the current situation go through this hard drive as fast as the brain can process.”

“The speed of the brain may make it appear that it is a hunch but it is not,” she continues. “It is based on millions or perhaps trillions of bytes of information, providing me with a life-learned understanding of what I am facing.” When something feels right, it usually IS right; and conversely, when it feels wrong, it usually IS wrong.

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