Entrepreneurship is on the rise, despite the high percentage of failure and stories of hardship. Many people, regardless of their restrictions, are inspired by the stories of the 10 richest women entrepreneurs in Europe to consider embarking on their own entrepreneurial adventure. Women are not excluded from the realm of entrepreneurship. The top 10 richest women entrepreneurs in Europe are listed below.
1. Natalya Kasperskaya
Natalya Kasperskaya is the CEO of InfoWatch Group, a worldwide corporate data security organization based in Russia and among the 10 richest women entrepreneurs in Europe. As a result, she is one of Europe’s most visible women in the typically male-dominated field of information security. InfoWatch was originally a part of Kaspersky Lab, an anti-virus company she co-founded with her ex-husband in 1997. Under her leadership, InfoWatch has steadily grown through a series of strategic acquisitions to become a market leader in the corporate data security category in Eastern Europe, the Middle East, and Asia, with a group of five firms. Ms. Kasperskaya, on the other hand, isn’t happy to rest on her laurels.
She is aggressively trying to expand the group and pursuing new investment opportunities for enterprise clients in areas such as IT security and artificial intelligence. Several organizations in Russia and abroad have honored Ms. Kasperskaya’s achievements in business and IT. In 2014, she was honored by the Women in Technology MEA award committee in Dubai as the Best Technology Business Entrepreneur, and BRIC Magazine UK named her the Most Influential Business Person from Russia for the first quarter of 2015. Her estimated net worth is USD 230 million and she is among the 10 richest women entrepreneurs in Europe.
2. Tatiana Bakalchuk
Tatiana Bakalchuk is among the 10 richest women entrepreneurs in Europe, in 2014 to Forbes business magazine with an estimated net worth of USD 380 million, Tatiana Bakalchuk is the owner of the country’s largest online clothing and footwear retail enterprise, Wildberries. Ms. Bakalchuk started the company in 2004 while on maternity leave after her daughter was born. Since then, the former private English instructor has worked relentlessly to expand the company’s reach and scope. Today, the corporation not only operates in Russia but also in Belarus and Kazakhstan.
From its humble origins as a small apartment warehouse delivering German catalog selections to 2.5 million clients and over 1,000 brands, the company has grown to serve 2.5 million customers and provide over 1,000 brands. Wildberries serves its customers from 150 shipment points across Russia and employs more than 6,000 workers. Part of the secret of Ms. Bakalchuk’s success lies in understanding and catering to customer behavior – Wildberries is one of the few online retailers to offer customers a free fitting of its products. The risky yet profitable business model has seen the company grow from strength to strength.
3. Monica Lindstedt
Monica Lindstedt has demonstrated extraordinary zeal and tenacity in building her domestic services business to become the dominant company in its category locally, as described in her native Sweden. Ms. Lindstedt among the 10 richest women entrepreneurs in Europe, used her personal experiences to start the home care services company Hemfrid (Peace at Home) in 1996. She has been able to grow the company since then, with revenues exceeding SEK 500 million and over 1,000 employees. In 2003 Ms. Lindstedt gave up the post of chief executive and became the company’s chairman.
She is also the chair of Företagarna AB, the Swedish Federation of Business owners, and sits on the boards of Uniflex AB and UNICEF Sweden. Prior to establishing Hemfrid, she co-founded Europe’s free daily paper Metro in 1995. She later sold her stake in the paper. In 2013 she was named the winner of Sweden Toastmasters’ Golden Gavel award for outstanding performance as a chairman. Monica is among the 10 richest women entrepreneurs in Europe.
4. Filippa Knutsson
Filippa Knutsson is the founder and face of Filippa K, a prominent Scandinavian apparel brand. Ms. Knutsson has extensive experience in the clothing and fashion industries. She returned to her native Sweden to work in her family’s fashion business after spending her formative years in London. In 1993, she founded the Filippa K collection with two business partners. Based in Sweden, the company has grown to include fashion shops in 20 markets and 50 brand stores in the Nordics, as well as the Netherlands, Belgium, Germany, and Switzerland, in just over 20 years.
Over 600 different merchants across the world carry the men’s and women’s collections. In 2014, revenue surpassed EUR 70 million. Ms. Knutsson has played a key role in the Filippa K fashion lines’ success, overseeing all creative parts of the business, including ideation, design, retail concepts, and brand messaging. Filippa K is one of the most popular and among the 10 richest women entrepreneurs in Europe.
5. Olga Pleshakova
Olga Pleshakova has had a prominent position in the civil aviation sector for some time, having been named one of the most powerful women in Europe by the respected business magazine Fortune. She received her doctorate in engineering from Moscow Aviation Institute. She has been the CEO of Transaero Airlines since 2001 and also serves on the board of directors. The airline is a family-owned business, and it is Russia’s largest private airline, second only to the state-owned Aeroflot.
Ms. Pleshakova owns an 18.4 percent share in the airline, and Forbes Russia estimated her net worth at around USD 170 million in 2014. She was ranked the 20th most powerful woman in Europe, the Middle East, and Africa (EMEA) by Fortune Magazine in the same year, marking her third appearance in the global ranking of prominent women. In 2014, she was the only Russian woman to make the EMEA list and among the 10 richest women entrepreneurs in Europe.
6. Mette Lykke
Mette Lykke, a fearless businesswoman, demonstrated that she could walk the walk when she gave in a secure job at McKinsey for the hazards of entrepreneurship. Ms. Lykke co-founded the fitness monitoring software Endomondo with two business partners in 2007, and by 2014, the community-based firm had grown to 25 million users. She successfully coordinated the company’s acquisition for USD 85 million by Under Armour, a US-based athletic gear manufacturer, where she now serves as vice president.
Ms. Lykke worked as a writer and researcher for a prominent Danish daily newspaper while obtaining a master’s degree in political science at Aarhus University prior to her meteoric rise to corporate success. She was later hired as a management consultant by McKinsey & Co. As they say, the rest is history. Mette Lykke is among the 10 richest women entrepreneurs in Europe, was awarded the Female Business Owners’ Inspirational award in 2013 and the Founder of the Year award by the Nordic Startup Awards series in 2012, which honors Nordic startup ecosystems and one of the successful women entrepreneurs in Europe.
7. Alice Bentinck
Alice Bentinck is a London-based entrepreneur who co-founded Entrepreneur First, one of the world’s largest business development firms, as well as Code First: Girls, a free part-time programmer for female students. Alice is among the 10 richest women entrepreneurs in Europe who was born on July 23, 1986. She co-founded Entrepreneur First, a London-based company builder and startup accelerator, alongside Matthew Clifford. EF, which has offices in London and Singapore, finances ambitious individuals in Europe and Asia to build businesses.
Reid Hoffman, the co-founder of LinkedIn and a Greylock Partner, revealed in 2017 that he was leading a $12.4 million investment in Entrepreneur First and was among the 10 richest women entrepreneurs in Europe.
8. Alice Zagury
Alice Zagury is the co-founder and CEO of The Family, a startup accelerator situated in Paris with the objective of empowering entrepreneurs in their search for a repeatable, scalable, and lucrative business model and among the 10 richest women entrepreneurs in Europe. In the Parisian startup scene, Alice Zagury is a remarkable person. She has established herself as a significant player, from her early days at Sentier and Camping to her current job as co-founder and CEO of The Family.
Her accomplishments are well-known even outside of France. Her most recent project, The Family, is a bold infrastructure offering for entrepreneurs that provides education, tools, and cash to help them become billion-dollar businesses.
9. Avid Larizadeh Duggan
Avid Larizadeh Duggan is a London-based entrepreneur who co-founded Bottica.com, a premium fashion accessories bazaar, then worked as a General Partner at Google Ventures, and is now the COO of Cobalt Music. She is a non-executive director of Barclays Bank UK and a managing director of Ontario Teachers’ Pension Plan Innovation Platform, EMEA.
She has received Mayfield and Kauffman, fellowships. She was named a “Young Global Leader” by the World Economic Forum in 2016 and was awarded an OBE in 2019 and is among the 10 richest women entrepreneurs in Europe.
10. Ida Tin
Ida Tin, a Danish online and among the 10 richest women entrepreneurs in Europe and an author, is the co-founder and CEO of the Clue menstruation-tracking app for women. The word “femtech” is said to have been coined by her. The clue is the fastest-growing female health app in the world. Clue, situated in Berlin, helps you understand your cycle and learn how to live a long and healthy life. Tin and her father managed a motorbike tour firm in Denmark before launching Clue. She spent five years with the company, traveling to Vietnam, the United States, Cuba, Chile, and Mongolia.
Later, she published Direkts, a book about her experiences that became a Danish bestseller. Tin co-founded the Clue app in Berlin, Germany, with Hans Raffauf, Moritz von Buttlar, and Mike LaVigne in 2013. Tin came up with the idea for the app while tracking her own menstruation and reproductive cycle in 2009. The app had over 1 million active users by mid-2015. The startup raised $7 million in a fundraising round headed by Union Square Ventures and Mosaic Ventures in October 2015, bringing its total funding to $10 million and Ida is successful among the 10 richest women entrepreneurs in Europe.
This is the list of successful, self-owned top 10 10 richest women entrepreneurs in Europe.