![]() ![]() In 2011, she opened the $1.2 billion Crystal Bridges Museum of American Art in Bentonville, Arkansas, also home to Walmart’s corporate headquarters. She was awarded the Getty Medal in February for her contributions to the field. The only daughter of Walmart founder Sam Walton, Alice Walton has focused her career on the art world. Here are the nine richest women in the U.S.: Only two on the list Oprah Winfrey and Thai Lee, the woman behind IT provider SHI International, are women of color.įorbes calculated net worths for this year’s Forbes 400 list using stock prices from July 24, 2020. Census Bureau-is even more pronounced among the nation’s richest women. The ten richest women on the list all inherited their fortunes.Īmerica’s racial wealth gap-white people hold nearly 85% of the country’s wealth despite making up just over 60% of the population, according to the Federal Reserve and U.S. The other 45 inherited their wealth from their families or late spouses - or like MacKenzie Scott, obtained her fortune as part of her divorce settlement with Jeff Bezos. Construction mogul Diane Hendricks (net worth: $7 billion) is the richest among them. The Times says that Flesher was regularly taken to the White House to style the First Lady.ģ.Only 11 of the 56 women on The Forbes 400 are self-made, meaning they built their fortunes on their own or with their spouse. Soon, Flesher moved to the city and began working in the fashion industry.įlesher had been an assistant to Italian designer Adolfo where she styled Nancy Reagan among many other prominent socialites. Flesher says that she fell in love with New York City after coming to the big apple on a business trip with her mother in 1980. The Times says that in 1998, Flesher’s father was back living Indianola while her mother was living in Little Rock, Arkansas. The family later moved to Arkansas where they opened a high-end women’s clothing store. Her family owned a farm and later a furniture store in the town. Prior to their marriage, Julia Flesher, had been an assistant for the designer Adolfo, beginning in the 1980s and making $200-a-week.įlesher told the New York Times in 1998 that she grew up in the town of Indianola, Iowa, close to Des Moines. ![]() GettyJulia Margaret Flesher (L) and David Koch attend 2016 Time 100 Gala, Time’s Most Influential People In The World – Cocktails at Jazz At Lincoln Center at the Times Warner Center on Apin New York City.Īccording to the couple’s New York Times wedding announcement, they were married at Koch’s home in Southampton, Long Island. Flesher Previously Worked as an Assistant to Famed Designer Adolfo & Helped to Style Nancy Reagan David and Julia also contributed to the construction of the Mary R. In the Koch Industries tribute, among the philanthropic contributions made by the couple includes, “major gifts to the Lincoln Center, the Metropolitan Museum of Art and the Smithsonian Museum of Natural History. A New Yorker feature on his retirement described Koch as being “more socially prominent” than his brother. Koch’s tribute on the Koch Industries website says that it was Flesher, along with Koch’s mother, who helped to “instill” a love of the arts in him. The final tweet on David Koch’s account, from 2014, said that he and his wife had donated $1 million to the September 11. The New York Times wrote in 1998 that Julia Flesher was “much-admired in her Upper East Side circle for marrying one of the richest men in America.” Julia Flesher, a native of Iowa, married Koch in 1996. Koch attend the Lincoln Center Spring Gala at Alice Tully Hall on in New York City. His Wife Was ‘Much Admired’ for Marrying One of the Richest Men in America Anyone who worked with David surely experienced his giant personality and passion for life.” Charles Koch had said before that his brother had shared his “declining health” diagnosis with family members in October 2016.ġ. In a statement announcing his brother’s death, Charles Koch said, “It is with a heavy heart that I announce the passing of my brother David. In June 2018, around the time of his retirement announcement, Koch had been named by Forbes as the 11th-richest person in the world with a net worth estimated to be around $51 billion. Koch’s death was first reported by the New Yorker’s Jane Mayer. Koch, one of the biggest donors to the Republican Party and to various right-wing causes, died a little over a year after he retired from Koch Industries. Koch and Flesher, 57, had three children together, David Jr., Mary Julia and John. Koch passed away on August 23 at the age of 79. The couple was married in 1996 at his home in Southampton, Long Island.
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