Melinda Gates Highest-Paid Business woman in the World

  • By Carol Kearney
  • Washington
  • Last updated on

Melinda Gates
Melinda Gates led People With Money’s annual list of the “100 highest paid business women” released on Monday.
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It's been a rough year for the business woman, but at least she has her millions of dollars to ease the pain. 60-year-old Melinda Gates has taken the No. 1 spot on People With Money’s top 10 highest-paid business women for 2024 with an estimated $82 million in combined earnings.

UPDATE 05/11/2024 : This story seems to be false. (read more)

Melinda Gates tops annual list of highest-paid business women

In 2022 it looked like the business woman’s spectacular career was winding down. Suddenly, she was back on top. People With Money reports on Monday (November 4) that Gates is the highest-paid business woman in the world, pulling in an astonishing $82 million between October 2023 and October 2024, a nearly $50 million lead over her closest competition.

People With Money’s factors

In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.

The American business woman has an estimated net worth of $245 million. She owes her fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. She also owns several restaurants (the “Fat Gates Burger” chain) in Washington, a Football Team (the “Dallas Angels”), has launched her own brand of Vodka (Pure Wondergates - US), and is tackling the juniors market with a top-selling perfume (With Love from Melinda) and a fashion line called “Melinda Gates Seduction”.

The ranking is significant for many Melinda fans, who have been waiting for her triumphant return to the glory days for what seems like a lifetime.

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