China has the most self-made female billionaires in the world

Facebook
X
LinkedIn
Threads

China is home to the most self-made female billionaires in the world.

As reported by Quartz, Shanghai-based research firm marked yesterday’s International Women’s Day by sharing numbers from its Hurun Report. The report counted 88 self-made female billionaires in the world and states that China is home to 56 of them.



Sitting at the top of the global list is Chen Lihua, AKA the “Beijing real estate queen”. Quartz reports that Chen grew up in poverty before dropping out of high school to repair furniture. In the earl 1980s Chen moved to Hong Kong and ventured into real estate investing. Chen established Fu Wah International Group six years later, which specialised in property development, asset management and finance.


Chen Lihua by David Shankbone

Next on the list is “touchscreen queen” Zhou Qunfei, founder of Lens – a company based in Hunan that makes touchscreens for mobile devices. Third on the list is Zhou Hongwen and her husband Xiao Jianhua who run Tomorrow Group. Xiao made headlines recently after going missing.

Tina Green, 64, is the richest non-Chinese on the list.

6 of the Top 10 are from China.

 Name Net Worth  (US$Bn) Main Company Country Age
1 Chen Lihua 7.2 FuWah China 76
2 Zhou Qunfei 6.0 Lens China 47
3 Zhou Hongwen & husband Xiao Jianhua 5.5 Tomorrow China
3 Tina Green & husband Philip Green 5.5 Arcadia UK 64
5 Chen Chunmei & husband Gong Hongjia 5.3 Hikvision China 52
6 Judy Love & husband Tom Love 4.8 Love’s Travel Stops USA
7 Wu Yajun 4.6 Longfor China 53
8 Zhang Yin 4.5 Nine Dragons Paper China 60
9 Peggy Cherng &  husband Andrew Cherng 4.4 Panda Express USA 69, 69
10 Lynda Resnick & husband Stewart Resnick 4.2 Roll International USA

Source: Hurun Research Institute 2017.

Of course, it goes without saying that the population of China dwarfs that of the US, so the odds of China having more billionaires is in their favour. Nonetheless, having the 3 richest self-made female billionaires is still a remarkable feat.

Facebook
X
LinkedIn
Threads

Stay Connected

Latest news

More From Resonate
The K-pop idol has collaborated with the former One Direction member on the ballad 'Eyes Closed,' prompting widespread excitement across
The actress will be honored for her "emotionally layered performance" in the film 'Rosemead,' a psychological drama about a mother
The UK East and Southeast Asian (ESEA) creative community is banding together for an ambitious new project.
The singer-songwriter behind 'KPop Demon Hunters'' viral hit 'Golden' is stepping out from behind the scenes for her debut solo
Two Weeks of New Korean Cinema, Classics, and Star Appearances Hits London This November
The vocalists behind the animated phenomenon performed their hit song "Golden" in a skit, saving host Bad Bunny and the
The California Crooner on Family Roots and Filipino Heritage in His Genre-Bending Music
Jeff Chang’s Water Mirror Echo Connects the Icon’s Life to a Movement