Unfortunately, she doesn't see that by stripping away young women's brains and using Fred as a vehicle, she's actually taking away their agency. Thus, Victoria thinks she's empowering women with her brutal plan. As a woman of color, Velma would know how judgmental business and life can be. Victoria similarly rationalizes Velma could be a perfect fit inside Fred's body. In Fred's body, she'd have the power to manipulate a patriarchal society that never places them atop the ladder. Thus, her son Fred embodies everything she hates and feels that a woman would happily live in his skin. Once she uses William's money to recreate her own wealth, she doesn't want to waste the hard work she put in.
Like Victoria's own father, her husband William is also a misogynist, but one she has use for. In the present, Victoria ends up using Edna's work to seek a proper heir, while hypnotizing the Dinkleys with her iconic family watch.