About 80 per cent of female billionaires in the world are Chinese

Women make up 15 per cent of the Hurun Global Rich List released on March 7, 2017. In addition, 16 per cent of the billionaires under the age of 40 are women.

Of the 152 self-made female billionaires, the Chinese led the way with a staggering 79.5 per cent.

Liliane Bettencourt, L'Oreal.
Liliane Bettencourt, L'Oreal. Photo courtesy: stuff.co.nz

Two-thirds of the billionaires in the world are self-made; the remaining one-third inherited their wealth. The richest woman in the world is Liliane Bettencourt of L’Oreal, age 94, with US$37 billion. The richest self-made women in the world is Beijing real estate queen Chen Lihua, with a networth of US$7.2 billion.

Chen Lihua, Beijing real estate queen
Chen Lihua, Beijing real estate queen. Photo courtesy: EJ insight

China is now indisputably the best place in the world to be a female entrepreneur, according to Hurun Report creator Rupert Hoogewerf.

The Hurun Global Rich List is a ranking of the US dollar billionaires – the so-called ‘Nine-Zero Club’ – currently found in the world; the calculations are a snapshot of January 15, 2017.

652 billionaires are of Chinese origin, which is 29 per cent of the list. Chinese makes up 20 per cent of the world’s population.

Author
Kareyst Lin
Kareyst Lin – Senior Writer

Kareyst has experience in writing about B2B technology for Computerworld Singapore, MIS Asia and CIO Asia; and on government technology for GCIO Asia. Her pet areas are artificial intelligence, Internet of Things and smart cities - these are fueled by her obsession with sci-fi movies and philosophy of mind. 

Sometimes she writes with light. 

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