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Most people imagine the typical yacht owner as a Thurston Howell III type. Carolyn Aronson is pivoting the stereotype of a yachtie—70-something, Anglo Saxon, male—in a compelling new direction. The Puerto Rican-born, American-raised, self-made billionaire went from foster care to haircare before building a global beauty empire that turns over more than $500 million annually. Her successful brand, It’s A 10 Haircare, has also helped fund some of her 14 start-ups, from a record label…
