The media mogul and Weight Watchers spokeswoman set a new record as the first black female entrepreneur on the Bloomberg Billionaires Index.
That’s the power of Oprah.
The media mogul hit another record-breaking career milestone on Monday, as her $4 billion fortune made her the first African American female entrepreneur on the Bloomberg Billionaires Index, a daily ranking of the 500 richest people in the world.
Winfrey, 64, comes in at No. 494, just behind entrepreneur Mark Cuban and business magnate and former politician Ross Perot. The queen of media’s fortune has increased $427 million this year alone thanks to her stake in Weight Watchers, a natural extension of her personal brand of self-improvement. Winfrey bought stock in the weight loss company in 2015 for $43.5 million, when she agreed to serve as a spokesperson for the company. Her investment has grown to more than $400 million since then. WW’s share price more than doubled, closing at a record $100.37 on Monday; a major comeback since Winfrey joined the brand three years ago.
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The savvy businesswoman and philanthropist has made the majority of her fortune from ownership of the Oprah Winfrey Show, her iconic talk show which aired on CBS for 25 years. Winfrey also founded her own cable network, OWN (The Oprah Winfrey Network), in 2011. And more recently, she signed a multi-year, $1 billion dollar deal with Apple to serve as a host for its new original programing.
“Together, Winfrey and Apple will create original programs that embrace her incomparable ability to connect with audiences around the world,” Apple said in a press release.
The tech giant has not yet unveiled specifics regarding the new collaboration with Winfrey, such as whether the video series will fold into iTunes or on a new platform.
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New exhibition at the National Museum of African American History places Winfrey and her storied career at the centre of the American story.
The first thing that becomes apparent walking into the new Oprah Winfrey exhibition at the National Museum of African American History and Culture is that Winfrey isn’t there. No photos, no quotes or memorabilia, no clips from her decades-long career.
That’s notable given that it is a first of its kind dedication to one of the biggest personalities in American culture at the nation’s premier museum dedicated to the African American experience. One of the world’s wealthiest women and a self-made billionaire who grew up wearing potato sacks in the Jim Crow south, Winfrey is still relevant decades after she first came on the screen – with some even calling for her to run for president now.
Oprah Winfrey 'definitely' rules out 2020 run for US president But the story on display in the new temporary exhibition, Watching Oprah: The Oprah Winfrey Show and American Culture, which opens its doors to the general public on 8 June, is one that’s bigger than Winfrey– and her story is huge. As exhibit co-curator Kathleen Kendrick put it to the Guardian: “It’s about Oprah, but you don’t see Oprah.”
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