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Working for their wealth

2 Dallas-Fort Worth entrepreneurs rank among Forbes' richest self-made women

John Egan
Jun 7, 2019 | 2:15 pm
Suzy Batiz
Poo-Pourri creator Suzy Batiz of Dallas is one of the richest self-made women in the country.
Photo courtesy of Poo-Pourri

It's common knowledge that Dallas Mavericks owner Mark Cuban and businessman and philanthropist Robert Bass rank among the wealthiest people in Texas. But did you know that five other Texas entrepreneurs — collectively worth more than $4 billion — stand among the richest self-made women in the country? And two of them call North Texas.

Millionaires Kathleen Hildreth and Suzy Batiz appear on Forbes magazine’s new list of America’s 80 richest self-made women — women who garnered wealth on their own, rather than by inheriting or winning it. And they’re in great company, joining the likes of Taylor Swift, Oprah Winfrey, Kylie Jenner, Rihanna, Madonna, Celine Dion, and Beyoncé.

Kathleen Hildreth, co-founder of aviation-maintenance company M1 Support Services, appears on the list at No. 57, with an estimated net worth of $370 million.

Hildreth is a West Point graduate and Army veteran who served as a helicopter pilot. Before M1 Support, she worked with defense contractors, including Lockheed Martin and DynCorp. She calls Aubrey, Texas, home.

“Anything in the government’s [aircraft] inventory, we do work on,” Hildreth told Forbes. “You name it.”

Forbes adds: "The U.S Air Force, U.S. Army, U.S. Navy, and NASA are all clients of M1 Support, which relies entirely on the federal government for business. Most of its revenues come from maintaining military aircraft, including fighter jets such as F15s, F16s, and A10 Thunderbolts."

Suzy Batiz, founder of Poo-Pourri, the before-you-go toilet spray available at major retailers, appears on Forbes magazine’s new list of America’s 80 richest self-made women at No. 77, with an estimated net worth of $270 million. Batiz lives in Dallas.

The main product of the company, which is expanding into shoe and pet odors and a cleaning line, was born out of necessity: Batiz had to do something about the smell left behind from her husband's trips to the bathroom, so she turned to essential oils. More than 60 million bottles of Poo-Pourri have sold since the company's founding in 2007.

Asked in 2016 what the riskiest thing was she had ever done professionally, Batiz said not selling her company or taking on investors.

"I had no idea if it was going to work out. It's like being on a game show," she told Forbes. "They hand you the big briefcase and you think, 'You can take this thing of money, or you can gamble and try to stay in the game.' Somehow I knew that my baby, the company, was very similar to a child. It just wasn't ready to be released into the world yet without me."

Joining Batiz and Hildreth on the list are billionaire Thai Lee and millionaires Kendra Scott and Whitney Wolfe Herd, all from Austin.

Lee, with an estimated net worth of $3 billion, appears at No. 5 on the Forbes list. She is president and CEO of SHI International Corp., a provider of IT products and services whose more than 17,000 customers include AT&T and Boeing. Revenue at the New Jersey-based company hit $10 billion in 2018; more than 4,000 people work at SHI. Austin is home to SHI’s corporate call center and is the hub for its sales division catering to small and midsize businesses.

“In early 2015, we mapped a five-year goal to reach $10 billion in revenue by the end of 2019. Through the hard work of our employees, the strength of our partnerships, and our ability to discern and solve our customers’ most pressing IT and business challenges, we reached that goal 12 months early,” Lee says in a February release.

At No. 40 on the Forbes list, with an estimated net worth of $550 million, is Scott. She is founder and CEO of Kendra Scott Design Inc. Annual sales at the Austin-based jewelry company hover around $360 million.

In 2017, Boston-based private equity firm Berkshire Partners invested in Scott’s company at a valuation of more than $1 billion. Scott started the company in 2002 in the spare bedroom of her home. Today, Scott’s business operates 100 jewelry stores, runs massive e-commerce and wholesale units, and employs more than 2,000 people. Last year, the company opened its flagship store on South Congress Avenue.

Herd, founder and CEO of Austin-based Bumble Trading Inc., developer of the Bumble dating app for women, and the related Bumble BFF friend-finding app and Bumble Bizz networking app. Herd launched Bumble in 2014 after co-founding dating app Tinder. With an estimated net worth of $290 million, Herd claimed the No. 72 spot on the Forbes list. This is her first year to be ranked.

Bumble counts more than 60 million users in 150 countries. The company’s estimated annual revenue totals $175 million, according to Forbes. Russian billionaire Andrey Andreev is the majority owner of Bumble.

apps lists rankings jewelry
news/innovation

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Landing Soon

New air taxi network to land at major Dallas-Fort Worth airports in 2027

michael.damante
Oct 30, 2026 | 2:31 pm
Archer Air Taxis
Courtesy photo
Archer will launch air taxi networks across Texas in 2027.

California-based aerospace company Archer Aviation is bringing its air-taxi system to the “Texas triangle” of Dallas-Fort Worth, Houston, and Austin in 2027.

The zero-emission electric air taxi networks will use Archer’s Midnight air taxi to “turn 60- to 90-minute drives to major airports, business districts and major destinations into 10- to 20-minute flights,” the company said in a news release. Archer plans to begin flights in the Texas triangle next year.

The Midnight air taxi is an all-electric vertical takeoff and landing (eVTOL) aircraft. It can carry four passengers and a pilot and is designed for consecutive flights of about 20 miles.

Archer cites the Texas triangle as one of the busiest and fastest-growing “megaregions” in the country, due to its proximity to coastal regions, major airports, and a number of business districts.

“Texas is setting the bar for America’s leadership in the next generation of aviation,” Adam Goldstein, founder and CEO of Archer Aviation, said in the release. “Our planned networks will make the benefits of electric air taxis real for Texans — trading hours in traffic for minutes in the air, while connecting the biggest airports, business districts and sporting hubs in ways that America’s largest megaregion needs to grow.”

Archer Chief Commercial Officer Nikhil Goel described the air taxi experience to CW Houston as “100 times quieter than a helicopter for the price of an Uber Black.” He added that the air taxis are a combination of a helicopter, a small airplane, and a drone.

The Dallas-Fort Worth network is slated to include Dallas-Fort Worth International Airport, Dallas Love Field, Addison Airport, Arlington Municipal Airport, Fort Worth Meacham International Airport, and Perot Field Fort Worth Alliance Airport, plus major business hubs like Frisco Station.

In Houston, Archer’s air taxi network will aim to connect George Bush Intercontinental, William P. Hobby, and Sugar Land Regional Airport with downtown destinations and Galveston.

In Austin, it plans to link Austin-Bergstrom International Airport and Austin Executive Airport with the F1 Circuit Helipad at the Circuit of the Americas. Archer debuted its Midnight aircraft at the F1 Prix in the Fan Zone and the F1 Paddock at COTA.

Archer is working with state and local partners to develop charging infrastructure and plans to pursue Texas operations through the White House’s eVTOL Integration Pilot Program. It recently completed its "No Roads" flight tour, which included multiple flights over the San Francisco Bay, and flew to seven cities over three days.

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This article originally appeared on our sister site, InnovationMap.com.

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