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North America | United States | Business

Bumble Cofounder Becomes World’s Youngest Self-Made Woman Billionaire, Thanks To IPO

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Whitney Wolfe Herd ended the day Thursday with a net worth of $1.5 billion based on Bumble stock closing at $70.31.] Shares of dating app Bumble soared in its IPO on Thursday, turning its 31-year-old CEO and founder Whitney Wolfe Herd into the world’s youngest self-made woman billionaire. Her nearly 12% stake in the company was worth $1.6 billion as of 12:40 p.m. EST on Thursday. Bumble stock opened at $76, much higher than its initial IPO price of $43 per share. The company made its debut hours after the markets opened on Thursday.
Africa | South Africa | Activism

Revealed: Meghan told entrepreneurs in Cape Town that she’s determined to ‘fulfil her heart’s desires’ and refuses to let her own needs ‘fade away’ amid her royal duties

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Meghan Markle is determined to 'fulfil her heart's desires' and not let her own needs 'fade away' now she's a member of the Royal Family - and wants to be a role model for young boys as well as girls. The Duchess of Sussex, 38, reportedly made the remarks during an event for inspiring female entrepreneurs at Woodstock Exchange in Cape Town earlier this week during her tour of South Africa with husband Prince Harry. Woodstock Exchange, the UK-SA Tech Hub, focuses on skills development and access to markets by assisting entrepreneurs, particularly women, to acquire skills, resources and
Europe | U.K. | Business

Supermodel turned investor: what Natalia Vodianova did next

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The statistics on the struggles of female entrepreneurs are a depressing read: 90 percent of funding goes to all-male founder teams in the UK, and, in the US, all-male teams are four times more likely to get investment than if they have even one woman in the team. But the story is different if you cross paths with Natalia Vodianova, the supermodel. The 37-year-old is putting to good use the money earned in a two decades-long fashion career from huge contracts with brands such as Calvin Klein and Guerlain. Now she spends her days managing a portfolio of “impact investments”: busine
International | Activism

Ivanka Trump’s women’s initiative announces $27M in grants

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A White House initiative spearheaded by Ivanka Trump to help women in developing countries get ahead economically announced its first batch of grants on Wednesday: $27 million for 14 projects in 22 countries, mostly in Africa, Latin America and Southeast Asia. The Women's Global Development and Prosperity Initiative was launched in February with an initial investment of $50 million from the U.S. Agency for International Development. A little more than half of that amount, $27 million, went to an "incentive" fund for partnerships with private businesses and other groups. The 14 projects
North America | United States | Career

Kylie Jenner, Beyoncé And The Highest-Paid Women In Entertainment 2019

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For the second time ever, Taylor Swift has sung and danced her way to the top of the annual global Celebrity 100 list of the world’s highest-earning entertainers, making $185 million in the last 12 months. She’s joined on the list by fellow musicians including Beyoncé (No. 20 on the overall list, $81 million), newcomer Ariana Grande (No. 62, $48 million) and divas boosted by lucrative Las Vegas residencies: Jennifer Lopez (No. 76, $43 million), Lady Gaga (No. 90, $39.5 million) and Celine Dion (No. 100, $37.5 million). Though the top of this year’s Celebrity 100 is packed with femal
Africa | Uganda | Entrepreneurship

Tribe + Glory Aims to Raise up Female Entrepreneurs in Uganda

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Tribe + Glory’s cofounders Loren Thomas and Caragh Bennet jetted away from their Uganda home office for a few days of business meetings in New York. All about women’s empowerment, their business model is an unusual one that helps entrepreneurs gain the skills they need to succeed while also helping to make Tribe + Glory accessories. More than half of their earnings go back to savings for their own business plans and the remaining amount allows workers and their families to live above the poverty line. The end result is that they complete their runs at Tribe + Glory equipped with the sk
North America | United States | Entrepreneurship

Celebrating women in tech: Meet Sue Khim co-founder and CEO of Brilliant

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Math is one of those subjects I've grown to love. When I was halfway through college, I realized I enjoy the feeling of taking something that seems incredibly difficult to understand at first, but makes sense to me with a bit of knowledge and practice. I didn't know as a kid that it could be so fun. I kept my head down and just did the basics. No one like me was excited about Math, so I figured I shouldn't be either. If I had access to something like Brilliant when I was a kid, well ... you probably wouldn't be reading my words right now. Brilliant is a math, science, and computer science res
Africa | Ethiopia | Activism

Ivanka Trump in Ethiopia to ‘promote women’

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President Donald Trump's eldest daughter, Ivanka Trump, is in Ethiopia to promote a US government initiative aimed at advancing women's participation in the workplace. The initiative aims to benefit 50 million women in developing countries by 2025. Ms Trump toured a female-run textile facility in the capital, Addis Ababa. The US policy in Africa under President Trump has prioritised the war on terror and checking the influence of China. When his administration's long-delayed policy on Africa was finally unveiled at the close of 2018, many observers of the continent were quick to poin
North America | United States | Business

Ivanka Launches $50 Million Program Empowering Women In The Workplace

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President Trump is planning to introduce an initiative on Thursday that will seek to help bring economic security to 50 million women across the world by 2025, a program that his eldest daughter, Ivanka Trump, has hailed as a nonpartisan and “generous” approach to women’s empowerment. The plan, which the White House is calling the Women’s Global Development and Prosperity Initiative, will draw from a $50 million starter fund from the United States Agency for International Development, and will team up with several private companies, including UPS and Walmart, Ms. Trump said. The White
Asia | China | Business

China’s top businesswoman is a single mother who hasn’t taken a day off in 26 years

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Forbes China released its latest annual ranking of the top 100 outstanding businesswomen in China. Topping the list was Dong Mingzhu, president of Gree Electric Appliances, the country’s biggest air-conditioner maker. The company, which is listed in Shenzhen, has a market cap of 151 billion yuan ($22 billion), and posted revenue of 82 billion yuan in the first nine months of 2016, according to S&P Capital IQ data. It employs some 70,000 people. Dong is known as a rare outspoken businesswoman in China, never shy from engaging in wars of words with rivals. The 62-year-old from Nanjing ha
Africa | Uganda | Agriculture

How This Entrepreneur Built A Profitable Business Empowering Ugandan Women

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In Uganda, where many women earn as little as $3 per month, a new generation of agri-entrepreneurs are lifting themselves out of poverty. They are doing so with the support of KadAfrica, a social business that grants out-of-school girls with a small plot of land, passionfruit vines, and a marketplace to sell the fruit. KadAfrica provides intensive training in entrepreneurship, financial literacy and gender empowerment. Thus far, 1,650 girls have boosted their incomes to $20 – $50 per month—representing a 600% increase in income per participant. Some young women have used the money to ex
North America | United States | Business

The Era Of The Female Entrepreneur Has Finally Arrived

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There are still big equality hurdles when it comes to gender in the American workforce, but those disparities are slowly inching closer together. Just take a look at Silicon Valley — the number of women founding tech companies is still extremely low. In private companies, just 6.5% have a CEO who’s a woman, and only 1.3% boast a female founder. With these statistics, how can today possibly be the era of the female entrepreneur? How, in a time when there aremore women earning degrees and advanced degrees, can we be rallied as the up-and-comers in the startup world? Here’s the silver li
North America | United States | Entrepreneurship

How This Female Marijuana Entrepreneur is Sparking A Movement and Building an Empire

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Three years ago Jane West was a mid-level corporate manager, housewife and mother of two. Today West is sparking a movement and building an empire. Named one of the "Most Influential People in Cannabis" by the International Business Times. West has been featured in Fortune Magazine, Newsweek, and Fast Company. She's a savvy businesswoman for sure. In the legal marijuana circles she something even more important. She's the leader of a movement. But how did this suburban mother of two get there? In November of 2014 Jane West Enterprises launched Edible Events Company in Denver, C

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