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It was a record-breaking year for these queens of capitalism, as their combined fortunes soared by nearly one-fourth to $154 billion and the minimum to make the list jumped more than 35%. <br/><br/>The country’s most successful women have found dozens of ways to prosper. Nearly three-fourths of the 100 women on the list started or confounded a company, while 22 are chief executives or co-chief executives. A healthy stock market helped push the combined fortunes of members of Forbes’ tenth annual list of America’s Richest Self-Made Women to a record $154 billion, up nearly 25% from last year. The minimum to qualify rose to $300 million, up from $225 million last year, the highest since Forbes started tracking the top 100 in 2020. Seventy-three members are richer than they were in 2023, while just ten saw their fortunes fall. <br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/kerryadolan/2024/05/28/a-record-year-for-americas-richest-self-made-women-2024/?sh=6461d697ef63<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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CEO Pay Continued to Rise in 2023, , Widening the Income Gap , Between Executives and Workers.<br/>'The Independent' reports that the typical CEO <br/>compensation for S&P companies continues to<br/>increase, outpacing wages for average workers.<br/>The Associated Press released its annual analysis of <br/>CEO pay, which takes into account salaries, bonuses, <br/>perks and other pay components, like stock awards.<br/>According to the data, median CEO pay jumped almost <br/>13% in 2023, over three times more than the 4.1% increase <br/>to wages and benefits for private-sector workers.<br/>The median pay package for CEO's in 2023 <br/>was up 12.6% from 2022, reaching $16.3 million.<br/>With $16.3 million representing the midpoint, approximately half of the S&P 500 CEOs <br/>included in the survey earned even more.<br/>According to the survey, the income gap <br/>was even wider at companies where<br/>workers earn lower wages, like retail.<br/>'The Independent' uses Ross Stores as an example, where <br/>the average worker earning $8,618 would take 2,100 years <br/>to earn as much as CEO Barbara Rentler made in 2023.<br/>'The Independent' uses Ross Stores as an example, where <br/>the average worker earning $8,618 would take 2,100 years <br/>to earn as much as CEO Barbara Rentler made in 2023.<br/>At the top of the AP data was Broadcom Inc. <br/>CEO Hock Tan, who took home a 2023 <br/>pay package worth an estimated $162 million.<br/>At the top of the AP data was Broadcom Inc. <br/>CEO Hock Tan, who took home a 2023 <br/>pay package worth an estimated $162 million.<br/>In addition to the widening gap between <br/>employees and CEOs, the survey also <br/>highlighted the persistence of gender inequality. .<br/>The highest paid female on the list was Lisa Su, <br/>the CEO and chair of the board for Advanced Micro <br/>Devices, with a total compensation of $30.3 million. .<br/>The highest paid female on the list was Lisa Su, <br/>the CEO and chair of the board for Advanced Micro <br/>Devices, with a total compensation of $30.3 million.
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