Friday, June 27, 2008

How Seven Self-Made Titans Financed Their Success

© Kevin Winter/Getty Images

Oprah Winfrey

Age: 54

Net Worth: $2.5 billion

Industry: Media/Entertainment

The accidental daughter of two Mississippi teenagers, Winfrey faced poverty and physical abuse from an early age. A stellar student, she won oratory and beauty contests and eventually earned a scholarship to Tennessee State University, later becoming the first black female news anchor at Nashville's WLAC-TV. At 29, she hosted a Chicago morning television show called AM Chicago, later re-named The Oprah Winfrey Show. A millionaire by age 32, Winfrey branched out on her own in 1998 by founding Harpo Studios, producer of films and television shows including the Dr. Phil show and the Rachel Ray show. Other Oprah ventures include the cable television network Oxygen (purchased in 2007 by NBC for $925 million) and publications O, The Oprah Magazine and O at Home.

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