Kimora Lee Simmons | Model and Entrepreneur | $200 Million

Kimora Lee Simmons and her former husband, Russell Simmons, may have ended their marriage in 2009, but their collaboration has certainly been fruitful. The Hip Hop entrepreneur helped Kimora get her start in fashion by making her Baby Phat’s creative director and designer. With her at the helm, the women’s brand saw much success and even expanded into a wider array of accessories, jewelry, swimwear, and fragrance lines. She was eventually promoted as president, helping the company make $30 million in gross revenues back in 2001. Kimora left the company briefly, but announced that she had re-acquired it in 2019.

This savvy boss lady has investments in other ventures as well, including leasing out a number of real estate properties. Another important investment she made recently, other than her properties, is the one she made to complete her Business Degree from the University of Hartford. With her new skill, her business will only be doing great.