Chinese tycoon Wu heads women's billionaires list
By Feng Jianmin |
01:16 UTC+8 October 20, 2012
|
Print Edition
Print Edition
REAL estate tycoon Wu Yajun tops the list of seven Chinese self-made women billionaires with personal assets of 38 billion yuan (US$6 billion), Hurun Report said yesterday.
Wu, 48, founder and chairman of Longfor Properties Co, holds her position as the world's richest woman despite a 10 percent shrinking of assets from a year earlier amid China's tight controls over the property market.
"The position of Chinese woman entrepreneurs in the world is like China's table tennis team," said Rupert Hoogewerf, Hurun Report chairman and chief researcher.
"They are the absolute number 1."
The number of self-made women billionaires, with personal assets over US$1 billion, declined to 22 from 28 last year. Their average personal wealth fell 6.8 percent from a year ago to US$22 billion as the global economy encountered a strong headwind.
Chen Lihua, chairman of Fu Wah International Group, was second on the list with 34 billion yuan in assets. She was followed by Spain's Rosalia Mera, founder of Inditex and known for its Zara brand, with US$4.4 billion assets.
J.K. Rowling, writer of the best-seller series Harry Potter, ranked 16th on the list with nearly US$1.3 billion.
In terms of nationality, Chinese women entrepreneurs made up for half of the 22 self-made billionaires, followed by five from the United States and three from Britain.
The real estate market remained the most important incubator with about 30 percent on the list founders of property companies. Twenty percent of the 22 billionaires are from manufacturing industries while another 14 percent are apparel makers, the report said.
On Chinese mainland, 13 percent women occupy the 2012 Hurun Rich List, which was down 2 percentage points from a year earlier. The proportion of rich women from the property sector fell to 22 percent from 24 percent last year.
Hurun and Forbes have ranked China's beverage tycoon Zong Qinghou, 67, as the wealthiest individual on the mainland.
Wu, 48, founder and chairman of Longfor Properties Co, holds her position as the world's richest woman despite a 10 percent shrinking of assets from a year earlier amid China's tight controls over the property market.
"The position of Chinese woman entrepreneurs in the world is like China's table tennis team," said Rupert Hoogewerf, Hurun Report chairman and chief researcher.
"They are the absolute number 1."
The number of self-made women billionaires, with personal assets over US$1 billion, declined to 22 from 28 last year. Their average personal wealth fell 6.8 percent from a year ago to US$22 billion as the global economy encountered a strong headwind.
Chen Lihua, chairman of Fu Wah International Group, was second on the list with 34 billion yuan in assets. She was followed by Spain's Rosalia Mera, founder of Inditex and known for its Zara brand, with US$4.4 billion assets.
J.K. Rowling, writer of the best-seller series Harry Potter, ranked 16th on the list with nearly US$1.3 billion.
In terms of nationality, Chinese women entrepreneurs made up for half of the 22 self-made billionaires, followed by five from the United States and three from Britain.
The real estate market remained the most important incubator with about 30 percent on the list founders of property companies. Twenty percent of the 22 billionaires are from manufacturing industries while another 14 percent are apparel makers, the report said.
On Chinese mainland, 13 percent women occupy the 2012 Hurun Rich List, which was down 2 percentage points from a year earlier. The proportion of rich women from the property sector fell to 22 percent from 24 percent last year.
Hurun and Forbes have ranked China's beverage tycoon Zong Qinghou, 67, as the wealthiest individual on the mainland.
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