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Photo courtesy of SHI

Twelve of the country's 100 most successful female entrepreneurs live in Texas this year, and eight of them call Austin home. So says Forbes in its 2023 list of America's Richest Self-Made Women, released June 1.

"Bolstered in part by a rebound in the stock market, [the richest 100 female entrepreneurs] are cumulatively worth a record $124 billion, up nearly 12 percent from a year ago," says Forbes.

To make the Forbes list, women had to garner wealth on their own, rather than by inheriting or winning it.Texas' wealthiest women have made their fortunes in fields ranging from home health care, insurance, and aviation logistics to jewelry design, dating apps, and running the show at SpaceX.

With an estimated net worth at $4.8 billion, Thai Lee, of Austin, remains at the top of the list in Texas, and ranks No. 5 nationally.

She falls behind only No. 1 Diane Hendricks of Wisconsin (co-founder of ABC Supply, $15 billion net worth); No. 2 Judy Loveof Oklahoma (chairman and CEO, Love's Travel Stops And Country Stores, $10.2 billion); No. 3 Judy Faulkner of Wisconsin (founder and CEO, Epic Systems, $7.4 billion); and No. 4 Lynda Resnick of California (co-founder and co-owner of Wonderful Company, $5.3 billion) among America's richest self-made women.

For some additional perspective, Oprah Winfrey lands at No. 13 on the list for 2023. The TV titan (and most famous woman on the planet) has an estimated net worth of $2.5 billion, Forbes says.

Austin's Lee, a native of Bangkok who holds an MBA from Harvard University, is founder, president, and CEO of SHI International Corp., a provider of IT products and services with a projected revenue of $14 billion in 2023. Fun fact: "Lee majored in both biology and economics," Forbes says, "in part because her English was less than perfect and she wanted to avoid writing and speaking in class."

The other seven Austin women on the list are:
  • Lisa Su, No. 34, Austin. Forbes pegs Su’s net worth at $740 million, tying her with April Anthony of Dallas. The native of Taiwan is president and CEO of Santa Clara, California-based semiconductor company Advanced Micro Devices.
  • Kendra Scott, No. 47, of Austin.Forbes says she has amassed a net worth of $550 million as founder of Kendra Scott LLC, which designs and sells jewelry in more than 100 stores (and is worth $360 million). The celebrity entrepreneur is also a judge on TV's Shark Tank.
  • Whitney Wolfe Herd, No. 52, of Austin. She is worth an estimated $510 million. Herd is co-founder and CEO of Bumble Inc., which operates two online dating apps: Bumble and Badoo. She owns a 17% stake in Bumble and became the youngest self-made woman billionaire after it went public in February 2021.
  • Paige Mycoskie, No. 73, of Austin. She is worth an estimated $380 million. Mycoskie created founded her 1970s-inspired California lifestyle brand, Aviator Nation, which took off during the pandemic and now has 16 retail locations across the U.S. If the name sounds familiar, that's because she's the sister of TOMS founder Blake Mycoskie, with whom she competed on TV's The Amazing Race.
  • Imam Abuzeid, No. 77, of Austin. Her net worth is estimated at $350 million. Abuzeid is the co-founder and CEO of Incredible Health, which she started in 2017 to help alleviate America's nursing shortage. Forbes describes it as "a souped-up version of LinkedIn for nurses." Abuzeid is one of only a handful of Black female founders to run a company valued at more than $1 billion, Forbes notes.
  • Julia Cheek, No. 92, of Austin. Her net worth is estimated at $260 million. Cheek founded at-home testing company Everly Health in 2015 "out of frustration at having to pay thousands for lab testing to diagnose issues related to vitamin imbalance," Forbes says. It got a Shark Tank deal with Lori Greiner and is now worth roughly $1.8 billion.
  • Belinda Johnson, No. 96, of Austin. She is worth an estimated $250 million. Johnson was Airbnb's first chief operating officer and led many of its legal disputes. She stepped down from that role in March 2020, Forbes says, and left the company's board in June 2023.

The remaining Texas women on the list include:

  • Gwynne Shotwell, No. 27, of Jonesboro (Coryell-Hamilton counties). Her net worth is estimated at $860 million. Shotwell is president and COO of Elon Musk's SpaceX. She manages the operations of the commercial space exploration company and owns an estimated stake of 1 percent, Forbes says.
  • Robyn Jones, No. 29, of Fort Worth. Her net worth is estimated at $830 million. Jones is founder of Westlake-based Goosehead Insurance Agency LLC. She started the property and casualty insurance agency in 2003 after being frustrated with her truck-driver husband's "road warrior lifestyle," Forbes says. He joined her in 2004 and they took the company public in 2018. It has nearly 1,000 franchised offices.
  • April Anthony, No. 34, of Dallas. Forbes puts her net worth at $740 million. She founded the Dallas-based home health and hospice division of Encompass Health Corp and sold it for $750 million to HealthSouth. In 2022, she was named CEO of VitalCaring, a home health and hospice care firm.
  • Kathleen Hildreth, No. 44, of Aubrey. Her net worth is estimated at $590 million. Hildreth is co-founder of M1 Support Services LP, an aviation logistics company based in Denton. A service-disabled Army veteran, she graduated from West Point in 1983 and was deployed all around the world as a helicopter pilot.
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CultureMap Emails are Awesome

Getting into Austin's next immaculate speakeasy is actually a secret — for now

Shhhh

Speakeasies have an interesting reputation in Austin. Residents of this "weird" city love a secret. They want to avoid the crowds and the newcomers, but "they" includes the crowds and the newcomers. It's complicated.

There is yet another new speakeasy in Austin, and fans of mystery and exclusivity may be pleased to hear that this time, it's not just a dimly-lit bar in a nondescript building. Visitors will have to follow word of mouth (and perhaps the bar, on social media) to learn a secret phone number, which they can then text to make a reservation.

So-called Trona, after a desert town in Death Valley and the mineral that serves as the base for baking soda, is hidden in plain sight. The colorful graffiti marks the spot for people who know what to look for, making this speakeasy one of the more attention-grabbing secret locales in the city, yet obscuring it nonetheless. An alley entrance (1812 E. 12th St.) ensures that few will be spotted entering.

Although it looks small, it's not tiny: There's enough seating for 49 guests in the "former shotgun bar" renovated under the artsy gaze of Tatanka Guerrero, a Chilean Marfa transplant whose other local triumphs include El Tigre Coffee Roasters, Camp East, and Cork & Screw.

Details are (naturally) sparse, but a release describes what awaits as an "intimate multi-part mixological journey that can't be fully experienced in one visit." The journey will be made in five portions, merging modern Japanese and traditional Oaxacan styles. It seems like these are meant to be juxtaposed rather than seamlessly combined, for air or fantasy or at least a little mystique.

The full bar and cocktail menu will highlight tequilas, mezcals, rare Japanese whiskeys, and "a plethora of natural wines," which will be announced soon.

There is already a phone number on Trona's website, but it does not connect when called. Sending a text leads to an automatic reply that the number is a landline. (Hey, those are mysterious nowadays.)

Trona is the most recent effort of the newly formed Doers and Dreamers Hospitality Group, which includes Guerrero's achievements listed above, as well as Arbor Food Park, which hosts some of Austin's best food trucks including the acclaimed Cuantos Tacos. If Trona matches the tone of its sibling concepts, Austinites can expect meticulous curation behind a slightly punky facade.

Trona is set to open sometime in October. An opening party will be announced soon (and probably covered by CultureMap in that week's food news column).

Hold that beer stein all month at these 10 Austin-area Oktoberfest events

Prost!

It’s that wonderful time of the year when drinking German beer, eating brats, and shouting Prost with strangers is almost mandatory. Oktoberfest is back with its annual beer-filled festivities and Austin is ready for it.

Although the festival started in Munich, Germany, around 200 years ago, it has spread throughout the world as a way to celebrate German culture. Over the next few weeks, there will be Oktoberfest celebrations with all kinds of events for adults and kids alike with fun competitions, live music, and traditional German food and drinks.

Here’s a roundup of the best festivities in town, in October and beyond.

Banger’s Oktoberfest
September 28-30
Expect all-day fun at Banger's Sausage House and Beer Garden, for the famous German restaurant's Oktoberfest celebrations. There will be special Texan and German beers on tap, live music, ceremonial firkin tapping, and stein-hoisting competitions. Food specials will include Schweinebraten (pork roast), warm German potato salad, Schnitzel sausage, and German potato cake. No reservations needed.

Easy Tiger's Oktoberfest (Weekend Two)
September 29 - October 1
Easy Tiger is offering a weekend full of celebrations with Oktoberfest-themed food, and limited-edition beers from Real Ale Brewing Company, Live Oak Brewing Company, and St. Elmo Brewing Co., among others. Each location will feature special events like a pretzel-eating contest (the winner gets free pretzels for one year!) plus stein-hoisting contest, polka bands, face painting, trivia, screen printing, and live music. No reservations needed.

Oktoberfest at Celis Brewery
September 30
For folks in North Austin, Celis Brewery will be celebrating Oktoberfest with beer and food specials — including German sausages and pretzels — face-painting, and stein-holding contests. The live music lineup starts with a DJ at 1 pm, followed by Polka band, The Hot Peppers, from 4-7 pm. No reservations needed.

Meanwhile Brewing
September 29 - October 1
Meanwhile Brewing has a packed weekend schedule with fun activities for all ages. There will be live music, Oktoberfest lager on draft all weekend, and exciting limited-edition food pairings such Bratwurst & Sauerkraut Pizza, pretzel ice cream, and Koji-brined pork schnitzel, among others. On Sunday, kids can enjoy their own stein-hoisting contest with prizes. Reserve on Eventbrite.

Loro's Oktoberfest pop-up
October 1
Loro is turning things up a notch by hosting an Oktoberfest pop-up on its patio featuring local breweries such as 512 Brewing Company, Vacancy Brewing, Meanwhile Brewing Co., and Live Oak Brewing Company. Attendees can expect Oktoberfest-inspired bites in addition to Loro’s regular Asian-inspired barbecue. Reserve on Eventbrite.

Locktoberfest (Downtown Lockhart)
October 6-8
The city of Lockhart is having an exciting Oktoberfest celebration with the launch of its first annual Locktobertfest. The weekend-long events will take place in participating shops, bars, and restaurants in the downtown area with live music, authentic German cuisine, and crafted drinks among other activities for those looking to explore the town. No reservations needed.

Austin Oktoberfest 2023
October 14
The German Texan Heritage Society is back with what the Austin Chronicle calls the “most authentic Oktoberfest in town.” The family-friendly event will feature fun activities such as pumpkin painting and bounce houses, plus live music all day at the historic German Free School. Tickets ($15, free for kids under 12) are available via Eventbrite.

Scholz Garten's Old World Wednesday series
Every Wednesday, October 25 - November 15
Another historic German spot since 1866, Scholz Garten, will have its own kind of celebration with Old World Wednesdays. Every Wednesday, patrons can expect live music from polka bands starting at 5:30 pm, plus German food and drink specials. No reservation needed.

The Loren's Oktoberfest BBQ with Brad Davis of Moody Tongue
October 26
For those who want a more upscale culinary experience, The Loren at Lady Bird Lake is hosting an Oktoberfest barbecue with renowned brewer Brad Davis of Moody Tongue as part of the hotel's ongoing Chef Series. Davis will be bringing a taste of the Michelin-starred Chicago brewery to the luxe rooftop restaurant. Reserve ($85, pre-paid) on OpenTable.

Wurstfest (New Braunfels)
November 3-12
Wurstfest will be closing the festivities with a bang — or many oom-pahs. This unique festival in New Braunfels will be honoring German culture all week long with music, carnival rides, German Texan beer, and of course, all the wurst you can eat! Admission (starting at $18) and drink tickets will be sold at the gates, but can also be purchased on Etix.

'90s country icon Tim McGraw adds Austin as only Texas tour stop in 2024

Standing Room Only

In case there were any doubt that Austin is a country music destination, superstar Tim McGraw has blessed the Texas capital with his only appearance in the state during his "Standing Room Only" tour. He'll perform at Moody Center on April 11, 2024.

Austin was one of 11 cities that saw new tour dates on McGraw's touring calendar, which is good news since Texas was about to miss out entirely. McGraw will be visiting at least 40 other cities in other states.

McGraw is touring in support of his very recent album, Standing Room Only, released on August 25, 2023. Newer country singer-songwriter Carly Pearce will open the show. He has previously toured Texas with his wife, fellow country superstar Faith Hill; but it does not appear that Hill will be joining the tour this time around.

There's much more on McGraw's plate, though, than new music. The '90s trailblazer just received the ACM Icon Award at the 16th Annual Academy of Country Music Honors, and on September 26, the Nashville Songwriters Association International will honor him with the President’s Keystone Award.

Fans know McGraw for slick, bright instrumentals and a contemporary take on country without abandoning the more traditional elements like twangy vocals, fiddle, and honky-tonk piano. A release promises a high-energy live show with a "huge production" value and plenty of old and new hits.

It's not surprising that McGraw has a strong stage presence, given his acting in films like The Blind Side and the iconic Austin-filmed TV series Friday Night Lights.

Ticket sales begin Friday, September 29, at 10 am on Ticketmaster.

The 11 new dates on the tour are as follows:

  • March 22, 2024 – St. Louis, MO — Enterprise Center
  • March 23, 2024 – Columbus, OH — Nationwide Arena
  • April 11, 2024 – Austin, TX — Moody Center
  • April 27, 2024 – Pittsburgh, PA — PPG Paints Arena
  • May 2, 2024– Montreal, QC — Bell Centre
  • May 3, 2024 – Ottawa, ON — Canadian Tire Centre
  • May 4, 2024 – Buffalo, NY — KeyBank Center
  • May 10, 2024 – Boston, MA — TD Garden
  • June 14, 2024 – Atlanta, GA — State Farm Arena
  • June 28, 2024 – Los Angeles, CA — The Kia Forum
  • June 29, 2024 – Sacramento, CA — Golden 1 Center