How The Royal Family’s $28 Billion Empire Really Works | Glamsquad Founder Alexandra Wilkis Wilson’s New Fund | MacKenzie Scott Gets Remarried | And More

Are you still thinking about that stunning Oprah interview with Meghan Markle and Prince Harry? Well if not, you’re about to, because it’s still on my mind.

Yesterday, Forbes
published a deep dive into “The Firm”—a term both Meghan and Harry used to describe the senior-most members of the royal family—and the $28 billion empire to which they are the face, and which pumps hundreds of millions of pounds into the United Kingdom’s economy every year. If you’re at all curious about where this name and fortune came from, I highly recommend you give it a read.

But beyond the money, I’m still thinking about Meghan’s revelations about her mental health,
how she said she reached a point, while she was pregnant with Archie, that she didn’t want to be alive anymore. When she asked for help, “The Firm” essentially refused, she says. But here’s the important part of this: she asked for help and her partner listened and then acted. With some 17 million Americans watching on Sunday night, and millions more catching up over the following days, this was a powerful and important example to set—particularly at the one-year mark of a pandemic that has brought so much loss and so many challenges.

It’s been said so many times over the last year that it can begin to sound trite, but there really is strength in vulnerability, and it’s okay to not be okay. If you or someone you know is thinking about suicide, please call the
National Suicide Prevention Lifeline at 800-273-TALK (8255) or text the Crisis Text Line at 741-741.

Take care of yourselves,
Maggie

Maggie McGrath

Maggie McGrath

Editor, ForbesWomen

 
Featured Story: Glamsquad Founder Alexandra Wilkis Wilson Joins Investor Lisa Myers To Debut A $100 Million Growth Equity Fund
 
 
 
Featured Story: Glamsquad Founder Alexandra Wilkis Wilson Joins Investor Lisa Myers To Debut A $100 Million Growth Equity Fund

“Clerisy” is a word meaning “a learned collaborative.” It’s also the name of a new $100 million growth equity fund from Gilt Group and Glamsquad founder Alexandra Wilkis Wilson and former L Catterton partner Lisa Myers. Alongside their fund’s public debut Wednesday, the du also announced its inaugural investment: a stake in Dormify, an e-commerce platform founded by Under 30 alumna Amanda Zuckerman.

Read More →
 

ICYMI: Stories From The Week

It’s been one year since the World Health Organization declared Covid-19 a global pandemic, forcing companies to shift operations online. Here’s a by-the-numbers look at the past year in remote work. (We’ve saved more than $4,000 by not commuting!)

MacKenzie Scott, a noted philanthropist, ex-wife of Jeff Bezos and the world's 22nd richest person, has found love again: she has married Seattle science teacher Dan Jewett.

Five months after actress
Kristin Bell launched Happy Dance, her line of CBD products produced with Lord Jones, the brand is getting picked up at select Ulta stores nationwide. Here, Bell answers some frequently-asked questions about her brand and CBD.

Berta Vasquez, a 65-year-old master mezcalera in Oaxaca, has continued to make mezcal through the pandemic—but as mezcal sales have soared in the U.S. over the last year, Vasquez’s sales have plummeted. Can her company survive?

In an effort to make its products more inclusive, Unilever announced Tuesday that it is removing the word “normal” from all its beauty and personal care packaging and advertising

Online beauty retailer
Nykaa has seen its business surge over the last year, and the company is prepping for an IPO that could value it close to $3 billion—and make its founder, Falguni Nayar, a billionaire and India’s second-richest self-made woman.

Check List

#1: Before discussing uncomfortable topics, prepare. During Meghan and Harry’s interview with Oprah, each spoke on difficult subjects with clear facts and timelines but didn’t speak from a memorized script, which was an effective strategy for conveying information.

#2: Take an inventory of your hiring process. Are your company's job listings written in gender neutral language? Believe it or not, answering this and other questions can help get more women into executive roles.

#3: Put your cash to work. Women are leaving massive amounts of money on the table and are missing out on hundreds of thousands of dollars in returns by not investing it. If this describes you, consider taking some of your cash off the sidelines.

Across Forbes

 
Equal Pay Day & Equity At Work
 
 
 

ForbesLive

Equal Pay Day & Equity At Work

The fight for equal pay extends far beyond a paycheck and represents the broader set of issues that perpetuate pervasive gender inequities. Join Forbes and EY for a solutions-focused virtual gathering on Tuesday, March 23 at 11 a.m. ET where you will hear from leading voices at the forefront of today’s most dynamic businesses as they share critical insights and provide active solutions for equity.

Register For Free →
 
2021 Forbes Next 1000: Timeless Strategies to Evolve Amidst An Ever-Shifting Market
 
 
 

ForbesLive

2021 Forbes Next 1000: Timeless Strategies to Evolve Amidst An Ever-Shifting Market

Our Forbes Next 1000 List spotlights bold entrepreneurs on their way to success. As we continue to highlight these incredible leaders and their journey, we invite you to join Forbes and Square for a virtual gathering, Forbes Next 1000: Timeless Strategies to Evolve Amidst An Ever-Shifting Market, taking place on Wednesday, March 31 at 2 p.m. ET | 11 a.m. PT. Gain insights from an incredible group of resilient entrepreneurs and 2021 Forbes Next 1000 Listers as we explore the importance of having a multi-prong selling approach and bold new marketing strategies that drive engagement.

Register To Attend →


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