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Happy mothers day, billionaire mothers!

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Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 03:40 AM
Original message
Happy mothers day, billionaire mothers!
Edited on Thu May-06-10 03:43 AM by Hannah Bell
Only 70 mothers in the world have billion-dollar fortunes, and just eight of these built their own.

Margaret C. Whitman, better known as Meg, has had a storied career. A graduate of Princeton and Harvard Business School, she worked at Procter & Gamble before moving to California with her husband, a neurosurgeon who now works at Stanford Hospital. After successful stints at consulting firm Bain & Co., Disney and Hasbro, she joined eBay, then a small tech firm with 30 employees, as chief executive. In 2004 she debuted on Forbes' World's Billionaires List.

*** what follows is some puffery about meggie, then this ***

That makes her somewhat unusual. Whitman is one of just 70 billionaire moms in the world, and one of only eight mothers to have created her own billion-dollar fortune....

*****

well, that depends on what you mean by "built their own".

I bet it helped to have 5 generations of great wealth behind her on both sides of the family, & all the connections it entails:

http://journals.democraticunderground.com/Hannah%20Bell/111

http://journals.democraticunderground.com/Hannah%20Bell/110

Other supposedly "self-made" mother billionaires:

-- Rosalia Mera (Zara clothing, Spain)

-- Doris Fisher (The Gap, & funder of school privatization)

-- JK Rowling

"But being a billionaire mom--or for that matter, the child of a billionaire mom--isn't always easy..."

http://finance.yahoo.com/career-work/article/109462/worlds-richest-moms?mod=career-leadership

The pobrecitas!
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midnight Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 05:00 AM
Response to Original message
1. My mom believed that if the wealthy ever tired of giving charity balls we would really see economic
reform...
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Orrex Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 05:40 AM
Response to Original message
2. You mean that they didn't all bootstrap themselves from horrible poverty to super-wealth?
Say it ain't so!
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Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 06:06 AM
Response to Reply #2
3. I find Mr. Fisher's mother in the San Francisco social register & his father in the Concordia Club,
so I don't think *he* did...
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AnneD Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 06:09 AM
Response to Reply #2
4. Bra straps......
women pull themselves up by their bra straps.
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Orrex Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 07:31 AM
Response to Reply #4
5. Win
:rofl:
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