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Credit: Photo: Luis Enrique Ascui. Teoh has been the richest self-made woman in Australia every year since the publication of the first Rich Women list in Teoh owns a big chunk of TPG shares in her own right and is also active in the family's investments in start-ups such as online spectacles retailer Oscar Wylee. To be eligible, the women must have contributed to the creation of their wealth, and not have inherited any significant sum from the previous generation.

Mining magnate Gina Rinehart is excluded because of her inheritance from her father, Lang Hancock, despite her phenomenal success in business. But 22 of the 30 women on the list — from Nutrimetics co-founder Imelda Roche at 80 to Carman's Fine Foods owner Carolyn Creswell at 41 - earned their fortune by founding and building their own businesses, songle diverse industries such as fashion, food and hotels, either alone or with a partner. The couple started with one bakery in Melbourne in and now have stores in Australia, New Zealand and Canada through a franchise model.

Russo believes that entrepreneurship can solve unemployment and is particularly good for women. Allis made money last year when private equity investor Bain Capital bought into the business, but her family still owns a big stake.

Allis says she would encourage other women to start their own businesses, though she Brosbane work-life Oriental princess Port Stephens is non-existent in the early years. Caitlin Fitzsimmons is a senior writer for The Sun-Herald, focusing on social affairs.

The 30 richest self-made women in Australia. The Sydney Morning Herald. But few people have heard of the woman at the ni — reclusive Vicky Teoh. License this article.

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