Rich Chinese women are not only leading China’s rich list, but worldwide, says Rupert Hoogewerf or Hurun, composer of the Hurun China Rich List today in the Strait Times.
MORE than half of the 20 richest self-made women in the world are Chinese, with their average fortune beating that of US talk show host Oprah Winfrey and author JK Rowling, a list showed on Tuesday.
The three richest women on the planet are Chinese, led by paper-recycling queen Zhang Yin who has a personal fortune of US$5.6 billion (S$7.32 billion), according to the Shanghai-based Hurun Report, which compiles data on wealthy individuals.
Of the 20 richest self-made female billionaires, 11 are Chinese with an average wealth of US$2.6 billion – compared with Winfrey who ranked ninth on the list with US$2.3 billion, the report said….
Mr Hoogewerf partly attributed the success of Chinese women in business to the government’s one-child policy and free childcare provided by many grandparents, which has enabled them to spend time building their empires. ‘That makes a huge difference,’ Mr Hoogewerf told AFP, adding that China’s long acceptance of women working outside the home has been another significant factor in their success.
Rupert Hoogewerf is a speaker at the China Speakers Bureau. Do you need him at your conferen
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