Joan Payden is one of America’s richest self-made women. At age 92, she’s also one of the oldest.

Payden is the CEO of Payden & Rygel, a Los Angeles-based money management firm she founded in 1983 after quitting her job and emptying her 401(k), according to Forbes. Today, the firm manages more than $161 billion in assets and nearly 240 employees across multiple offices, according to its website.

Read the CNBC article

Payden and Rygel

Payden & Rygel is one of the largest privately-owned global investment advisers. Founded in 1983, they manage fixed income and equity portfolios through domestic and international solutions.

Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.