Meet the youngest self made woman billionaire

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meet the youngest self made woman billionaire

That makes Zhou the youngest self-made female billionaire in the world. This spot was previously held by Elizabeth Holmes, who at the peak of. Kylie Jenner is set to become the youngest self-made billionaire in history, list of America's Richest Self-Made Women, released Wednesday, with an Vanity Fair, adding, "We are running the factory to meet demand. Meet the world's youngest self-made billionaire Snapchat, stands between the two brothers as the second-youngest). 'It started with a checked suit' · From berated blogger to beauty millionaire · The woman who won the.

Zhou was born in a small farming community in China, dropped out of school at age 16, and started working grueling hour days at a factory polishing glass for watches, as reported by New York Times. That makes Zhou the youngest self-made female billionaire in the world. Her healthcare startup Theranos blew up last year. Unlike Holmes, Zhou is poised to maintain her top position -- and grow her wealth even more.

Meet The World’s Youngest Self-Made Woman Billionaire

Zhou's company, Lens Technology, churns out billions of paper-thin glass screens for phones, laptops and tablets a year. The company went public inmaking her a billionaire. Here's how Zhou built an empire by manufacturing the thin cover glass that's likely on the Apple iPhone or Samsung Galaxy you're holding right now. She started on the watch factory floor, gradually building her way up. Now that she owns her own manufacturing company, Zhou is uniquely qualified to ensure the output is top-notch and the processes are most efficient.

James Zhao, a general manager at Lens Technology, told New York Times that Zhou will sometimes sit down with an operator of a machine to address problems.

Meet the world's youngest self-made billionaire - BBC News

She sees things that even her own managers don't. Embrace the pivot Zhou began her company by manufacturing in what she knew: Then inshe got a call from Motorola. They were creating a new phone, the Razr V3. Most phones had plastic screens at the time.

meet the youngest self made woman billionaire

Motorola put Zhou on the spot. They asked her if she could develop a glass screen. They immediately wanted a yes or a no. Zhou went all in on the glass screen, a decision that ultimately paid huge dividends.

Meet the youngest self-made billionaires - Snapchat founders - Emirates24|7

Motorola helped her set up the process, but she took it upon herself to continue to refine her product with large investments in new factories, research and development. Other mobile phone makers took take note and started ordering their screens from Lens Technology.

When the iPhone entered the market inZhou's company was the obvious choice to supply the screen. The company appealed that decision to a U.

meet the youngest self made woman billionaire

Department of Health and Human Services appeals board. Securities and Exchange Commission and the U.

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Holmes denied any wrongdoing. Holmes released a portion of her equity to offset any dilution of stock value to non-participating shareholders.

Meet the world's youngest self-made billionaire

Department of Defense in combat situations. On September 5, the company announced that it has begun the process of formally dissolving, with its remaining cash and assets to be distributed to its creditors.

meet the youngest self made woman billionaire

Attorney's Office in San Francisco that lasted more than two years, a federal grand jury indicted Holmes and former Theranos COO and president Ramesh "Sunny" Balwani on nine counts of wire fraud and two counts of conspiracy to commit wire fraud. Prosecutors allege that Holmes and Balwani engaged in two criminal schemes, one to defraud investors, the other to defraud doctors and patients. She often attended parties at George Shultz 's house as a family friend.

meet the youngest self made woman billionaire

Tyler was one of the whistleblowers who spoke to WSJ investigative reporter John Carreyrou about corruption in the company.