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.
SEE ALSO: Oprah takes a bigger bite out of the food industry
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.
Click Here to Read More
These supremely successful businesswomen prove that age really is just a number.
In the modern world of global commerce, youth is often seen as the key to success in business -- with the idea that younger generations can bring fresh ideas and impetus to the boardroom table.
But, did you know that Vera Wang didn't even sell a dress until she was 40? Or that Martha Stewart was 56 before achieving ultimate business success after the consolidation of her media focused business interests?
There is plenty to be said for a more experienced head in the business world -- and some of the most successful female entrepreneurs have enjoyed prosperity later in life.
With this in mind, we compiled a list of six globally accomplished businesswomen who achieved global business success much later in life.
Click Here to Learn More About These Fabulous Ladies.
What is the one thing that stops so many people from either taking the first step or even starting over?
This video provides a different perspective on how to look at failure and ways to over come it. It is less than 5 minutes but gives some valuable insights as to what do when you are stuck or fearful.