#10

Cher Wang — HTC ($8.8 Billion Peak)

Made the first Android phone. $8.8B peak. Lost 95%. Pivoted to VR.

Cher Wang co-founded HTC in 1997, and at its peak in 2011, HTC had a $33.8 billion market cap—making it the most valuable smartphone company on Earth. Wang’s personal fortune hit $8.8 billion, ranking her as the richest self-made woman in Asia. Wang’s legacy is being first—in Android and 4G—while fighting back from a brutal industry war.

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