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11 of the world's top 20 wealthiest self-made women are Chinese - India News and Travel Times Provides India-centric and other News and Features - Search News

11 of the world's top 20 wealthiest self-made women are Chinese

     Zhang Yin, head of a Chinese recycled paper company, is the wealthiest self-made female entrepreneur in the world. According to the Hurun List of Self-Made Women Billionaires list, 11 of the top 20 wealthiest self-made women in the world are Chinese. Zhang, 53, founder and chairwoman of the company Nine Dragons Paper, has topped the list with an estimated personal fortune of 5.6 billion dollars, reports the China Daily. Wu Yajun of Longfor Property, comes in second with 4.1 billion dollars and Chen Lihua of Fu Wah International, ranks third with 4 billion dollars. The US talk show host Oprah Winfrey ranked ninth on the list with 2.3 billion dollars in assets and the British author J.K. Rowling placed 20th with a fortune of 1 billion dollars. "China is clearly the leader for women in business," said Rupert Hoogewerf, complier of the Hurun Rich List. However, the Hurun Rich List also showed that only 11 percent of the richest people in China are women. The complete Hurun Rich List ranks 1,363 individuals in China with personal wealth of at least 150 million dollars.

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