America’s Richest Self-Made Women

Published on July 11, 2019 By Chloe Draws

Katie Rodan – $1.5 billion

Dermatologist Katie Rodan along with business partner Kathy Fields created acne treatment Proactiv and launched skin-care company Rodan + Fields. Due to the success of the company, private equity firm TPG spent $1 billion to buy a 25% stake in Rodan + Fields in 2018.

Forbes

2017 was the companies biggest year as the revenue of Rodan + Fields grew 50% to $1.5 billion. In 2018, they borrowed $600 million in junk bonds and used it to pay the founders of the company a dividend. They are among the richest in dermatology.