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 Hong Kong born stage and screen star who found global recognition as the villainous Madame Gao has passed away.
The dark comedy anthology lands sixteen nominations as creator Lee Sung Jin makes television history and star Charles Melton secures
The first footballer of East Asian heritage to play for England receives official recognition at his childhood home in Buxton.
The Tennessee Republican senator is facing intense online mockery after filming a hardline political advertisement inside a redecorated Nashville diner.
The new Godzilla Minus Zero trailer teases Godzilla’s return, a New York City showdown, and returning cast members as Toho
The long-awaited stoner comedy sequel brings back John Cho and Kal Penn alongside the original writers for a new cinematic
The cross-border production marks the directorial debut of CEO Min Lim as she positions Southeast Asian stories for the international
A new month-long festival in London addresses what it means to return home and bridges the gap between generations.