One of the two women making history at the prestigious Augusta National Golf Club is a former U.S. secretary of state . The other , Darla Moore , is a former banking magnate and , by all accounts , a force to be reckoned with . Moore -- who , along with Condoleezza Rice , has been admitted as a member of the previously all-male club -- once graced the cover of Fortune alongside the words , `` The Toughest Babe in Business . '' `` To get a picture of Darla Moore , imagine , say , a cross between the Terminator and Kim Basinger , '' the 1997 profile read . Her friend and admirer Martha Stewart described Moore , who hails from South Carolina , as `` a cutthroat killer underneath . '' Augusta National Golf Club admits first female members . When she married Richard Rainwater , one of the country 's top investors , she was already the highest-paid woman in banking . She went on to nearly triple her husband 's net worth , the article said . Moore took on two fellow magnates and won . She `` booted '' T. Boone Pickens from Mesa , the oil and gas company he founded . And she forced Rick Scott out at Columbia/HCA `` after the health care giant got slammed with a massive criminal investigation , '' the article said . Scott is now governor of Florida . `` I 've harassed guys all my life , '' Fortune quotes her as saying . Moore went on to found the Darla Moore School of Business , making the University of South Carolina the first major university to name its business school for a woman , according to the school 's website . `` Ms. Moore 's combined gifts of $ 70 million make the Moore School the beneficiary of one of the largest private donations to a U.S. business school , '' the website says . The school 's bio of Moore notes that she is vice president of Rainwater Inc. and chair of the Palmetto Institute , `` a nonprofit think tank aimed at bolstering per capita income in South Carolina . '' Celebration , surprise , humor after Augusta National admits first women . While she has been largely out of the news for years , Fortune -- part of CNNMoney.com -- noted last year that she was `` back . '' Moore was engaged in a battle with South Carolina Gov . Nikki Haley , a Tea Party Republican . Haley removed Moore , a political independent , from the board of trustees at the University of South Carolina , and installed a campaign contributor , the article noted , adding that Haley 's spokesman explained that the replacement , Tommy Cofield , shares `` the governor 's vision for higher education . '' A firestorm of complaints followed . `` The whole state went nuts , '' Moore told Fortune . `` Just like any savvy Southern belle , she summoned her sweetness to wage her battle and get her way . Convening students and TV news crews on the university campus , Moore announced a $ 5 million gift to build an aerospace research center named for astronaut Ron McNair , a South Carolinian -- from Moore 's hometown , in fact -- who died in the 1986 Challenger disaster . '' She challenged the state to match her contribution . Haley called the request `` premature , '' the article notes . Membership is latest honor for trailblazer Rice . Earlier in 2011 , the South Carolina General Assembly passed a bill recognizing Moore , a native of Lake City , `` for her many years of service to the Palmetto State '' and particularly to the university . The bill described her as an `` outstanding public benefactor . '' Moore received her bachelor 's degree in political science from the University of South Carolina , and later an MBA from George Washington University . Rainwater is suffering from progressive supranuclear palsy , a brain disease referred to as PSP , Fortune reported in November , adding that he requires 24-hour care . Although it 's not life-threatening itself , the disease can lead to life-threatening complications such as pneumonia and swallowing problems , according to the Mayo Clinic . Billy Payne , chairman of the club in Augusta , Georgia -- one of the best known in the world and home to the annual Masters Tournament -- said Monday of Rice and Moore , `` These accomplished women share our passion for the game of golf and both are well-known and respected by our membership . '' Augusta National no longer just a 'boys club '
Darla Moore and Condoleezza Rice are the first women admitted to Augusta National . Moore was once on a Fortune cover as `` the toughest babe in business '' but she is now known for her role in helping President Bush win re-election by convincing him that he could not be impeached because of his sex life. Moore founded a business school in South Carolina .