SELF-MADE IN CHINA

No country comes even close to China in self-made female billionaires

Obsession
China's Transition
Obsession
China's Transition

China is home to more self-made female billionaires than any other nation, according to Hurun Report. The Shanghai-based research firm marked International Women’s Day on March 8 by sharing its latest numbers. It counts 88 such billionaires in the world, and says China has 56 of them.

Topping the global list is Chen Lihua, popularly known as the “Beijing real estate queen.” Growing up in poverty in the Chinese capital, the high school dropout started off in furniture repair. She moved to Hong Kong in the early 1980s and got into real estate investing. Six years later, she established what is now Fu Wah International Group, a real estate giant involved in property development, asset management, and finance.

Following Chen is the “touchscreen queen” Zhou Qunfei, the founder of Lens, which is based in the Hunan province and makes touchscreens for mobile devices.

After those two China makes four more appearances in Hurun’s Top 10 list of the world’s self-made female billionaires:

Name Net worth ($ billion) Main company Country
Chen Lihua 7.2 Fu Wah China
Zhou Qunfei 6.0 Lens China
Zhou Hongwen & husband Xiao Jianhua 5.5 Tomorrow China
Tina Green & husband Philip Green 5.5 Arcadia UK
Chen Chunmei & husband Gong Hongjia 5.3 Hikvision China
Judy Love & husband Tom Love 4.8 Love’s Travel Stops US
Wu Yajun 4.6 Longfor China
Zhang Yin 4.5 Nine Dragons Paper China
Peggy Cherng & husband Andrew Cherng 4.4 Panda Express US
Lynda Resnick & husband Stewart Resnick 4.2 Roll International US

Some variations will arise based on how one counts, of course—Hurun also described its methodology—but suffice to say China does well in the category.

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