HP CEO Meg Whitman Pegged as Tech Industry's Wealthiest Woman

HP CEO Meg Whitman Pegged as Tech Industry's Wealthiest Woman
Advertisement
Hewlett-Packard's chief executive Meg Whitman is the wealthiest women in the technology sector with a fortune of $1.3 billion followed by Facebook's Sheryl Sandberg and Alibaba's Lucy Peng, according to a Wealth-X estimate.

The net worth of women on the Wealth-X list lags far behind their male peers in the technology sector, said global wealth intelligence and prospecting firm.

Microsoft founder Bill Gates, for example, has a net worth of around $85.1 billion, according to Wealth-X estimates, while Mark Zuckerberg, the 30-year-old Facebook chairman, is worth at least $35 billion.

According to the list of five wealthiest women in the technology sector released on Wednesday, Whitman claimed the top spot with a $1.3 billion fortune.

Bulk of Whitman's wealth is derived from profits from the sales of her shares in eBay, a company that she led from 1998 to 2008 during its dramatic expansion, the report said.

Ranking second on the list is Facebook's chief operating officer Sheryl Sandberg, with a net worth of $1.22 billion.

Upon joining Facebook in 2008, Sandberg received company stock as part of her compensation plan. Since 2012, she has been selling off her Facebook shares, generating more than $700 million in cash before taxes. However, she still holds $430 million in Facebook stock.

Alibaba co-founder Lucy Peng (also known as Peng Lei) took third place with a personal fortune of $1.2 billion.

The 42-year-old executive, who heads Alibaba's Ant Financial Services Group, became a billionaire in 2014 upon the valuation of the Chinese e-commerce giant prior to its record-setting IPO.

The 56 year old Wang Hsiueh Hong, the co-founder and Chairman of HTC, was ranked fourth on the list with a fortune of $890 million dollar.

Fifth is the the youngest female tech executive on the list, 39-year-old Marissa Mayer, CEO of Yahoo, having a net worth of $410 million.

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: HP, Meg Whitman
Ten Amazing iOS Widgets That Ensure You Don't Need to Open the App
Nasa's Modular Robotic Vehicle Can Drive Sideways, Drift Around Corners
Share on Facebook Gadgets360 Twitter Share Tweet Snapchat Share Reddit Comment google-newsGoogle News
 
 

Advertisement

Follow Us

Advertisement

© Copyright Red Pixels Ventures Limited 2024. All rights reserved.
Trending Products »
Latest Tech News »