Average wealth for the top 50 female entrepreneurs from the Chinese mainland increased by 48 percent over the previous year to a record high of 23.1 billion yuan ($3.50 billion).
Average wealth for the top 50 female entrepreneurs from the Chinese mainland increased by 48 percent over the previous year to a record high of 23.1 billion yuan ($3.50 billion), and the benchmark to be listed increased by 25 percent to 10 billion yuan, according to a report by Hurun Research Institute.
Photo:bing
Yang Huiyan, vice-chairwoman of Country Garden Holdings, became the richest Chinese woman with 160 billion yuan, followed by Lens Technology’s Zhou Qunfei and Longfor Properties’ Wu Yajun with 70 billion yuan and 52.5 billion yuan respectively, revealed by the Hurun report titled Richest Women in China 2017.
Industries such as real estate and financial investments are the major sources of wealth for female entrepreneurs on the list, accounting for 24 percent and 20 percent respectively. However, the most successful self-made female entrepreneur comes from the manufacturing industry. Shenzhen overtook Beijing to become the most preferred city of residence for the female entrepreneurs on this year’s list, and Shanghai grabbed the third spot. This has been the 12th consecutive year for the Hurun Research Institute to release such kind of report since 2006.
The richest women in China on the 2017 list are as follows:
No 10. Ma Dongmin
Wealth: 28 billion yuan ($4.24 billion)
Company: Baidu Inc
Industry: Search Engine
Ma Dongmin,co-founder of Baidu Inc, poses for a photo. Photo:chinadaily.com.cn
No. 9 Chen Liling (mother)
& Xu Yangyang
Wealth: 28 billion yuan ($4.24 billion)
Company: Dali Food Group
Industry: Food
Photo:china.org.cn
No. 8 Ji Kaiting &
Ji Haipeng (father)
Wealth: 28.5 billion yuan ($4.32 billion)
Company: Logan Property
Industry: Real Estate
A screen shot of Logan Property. (Photo/loganestate.com)
No. 7 Wu Chunyuan
Wealth: 29 billion yuan ($4.39 billion)
Company: AAC Technologies
Industry: Acoustics Technology
A screen shot of AAC Technologies, founded by Wu Chunyuan, non-executive director of AAC Technologies.
Photo:aactechnologies.com
No. 6 Peng Lei
Wealth: 40 billion yuan ($6.06 billion)
Company: Ant Financial
Industry: Internet Finance
File photo of Peng Lei. Photo:ecns
No. 5 Zhang Yin
Wealth: 45 billion yuan ($6.82 billion)
Company: Nine Dragons Paper
Industry: Environment Protection
File photo of Zhang Yin . Photo:ecns
No. 4 Chen Lihua
Wealth: 50.5 billion yuan ($7.65 billion)
Company: Fu Wah International
Industry: Real Estate and Red Sandalwood Museum
file photo of Chen Lihua.Photo:ecns
No. 3 Wu Yajun
Wealth: 52.5 billion yuan ($7.96 billion)
Company: Longfor Properties
Industry: Real Estate
File photo of Wu Yajun. Photo:ecns
No. 2 Zhou Qunfei
Wealth: 70 billion yuan ($10.61 billion)
Company: Lens Technology
Industry: Electronic Component Manufacturing
Zhou Qunfei, CEO of Lens Technology, speaks at a business meeting, Nov 6, 2015 in Liuyang, Hunan province. Photo:China News Service
No. 1 Yang Huiyan
Wealth: 160 billion yuan ($24.25 billion)
Company: Country Garden
Industry: Real Estate
Logo of Country Garden
Source: ecns
