China leads list of world's richest women

President ObamaFormer Chinese leader Deng Xiaoping once said, "To get rich is glorious." It seems that Chinese women have taken that to heart.

More than half the world's richest self-made women are from China, according to the Hurun List of Self-Made Women Billionaires, the findings of which are reported in Tuesday's Financial Times.

The world's three richest women are Chinese, according to the list, which compiles information on the wealthiest people in China, as are 11 of the top 20 on the list, the newspaper said.

The head of recycled paper company Nine Dragons Paper, Zhang Yin (shown above), ranks as the world's wealthiest self-made woman with a fortune estimated to be $5.6 billion, while Wu Yajun of Longfor Property comes in second with $4.1 billion. Chen Lihua of Hong Kong conglomerate Fuhua International is third with a fortune of $4 billion, the FT said.

Spaniard Rosalia Mera of the Zara fashion company is the world's richest non-Chinese with $3.5 billion. U.S. television show host Oprah Winfrey ranks at ninth with a fortune worth $2.3 billion.

Why is China dominating the list of richest women? The Hurun Report identifies the Communist party's ending of gender discrimination in China, the paper said. Working mothers in China and other "BRIC" nations (such as Brazil, or India) are also able to depend on a larger pool of friends and family than their American and European peers when it comes to childcare, according to the report.

The FT also cites a study from the Centre for Work-Life Policy in New York that shows Chinese women are among the most ambitious on earth (76 percent of women in China aspire to top jobs, compared with 52 percent of women in the United States, the report found).

Discuss this post

Gee, thanks Wal-Mart.

  • 1 vote
Reply#1 - Tue Oct 12, 2010 12:14 PM EDT

But we have freedom...because your security services will never ask you to help contribute to your neighbors homicide so they can look like a democracy...freedom isn't free but the reality of your income is

  • 1 vote
Reply#2 - Tue Oct 12, 2010 12:59 PM EDT

...and Robert Gates want to show off his warship that you help finance but you might as well stay in your mansion...

    Reply#3 - Tue Oct 12, 2010 1:03 PM EDT

    Here's a thought, we could take a queue from the Chinese and use it constructively in our context instead of wasting energy on clever come-backs about what's wrong with them.

    • 2 votes
    Reply#4 - Tue Oct 12, 2010 1:07 PM EDT

    So much wong with me...

    I see war ship Secwatay Gates...

    Very pwety...I supwly toiwet paper, paper, wire, gwas...

    You need more war ship Gates..Let Chinese Navy play with Amewica again..

    ...Amewica has 4500 more H bombs then China but they still buid big, bwuewtiful war ships...oh so pwety

    No big lake in midwle of Afganistan Gates...

    but keep buiwding big ships, we will pay for them all Gates...

    ...China not need a single aw cwaft cawier to sink your economy Gates...

    Big foreclsure pwoblem over here Gates too...

    Why u let Americans kill each other Gates to keep them safe..

    Internaw pwoblem, wight Gates?

    Me love you long time now wet me bid on on your uniform again...

    ...so much wong over here Gates...

    Keep me sawfe...wink, wink...love you long time Big and Strong American...

    • 2 votes
    Reply#5 - Tue Oct 12, 2010 1:25 PM EDT

    Let's see all the BIGOTS come out to moan and groan about this one.... LOL!!!  BIGOTS = bitter, envious, delusional, paranoid, etc.

    • 1 vote
    Reply#6 - Tue Oct 12, 2010 1:27 PM EDT

    RedstarRising=Bigot

    • 1 vote
    Reply#7 - Tue Oct 12, 2010 2:18 PM EDT
    henrykuntzDeleted

    I would consider this article as an indication of a great advance for women on earth - except that I am afraid that these good things may have come upon the backs of far too many average Chinese citizens.

    • 1 vote
    Reply#9 - Tue Oct 12, 2010 6:42 PM EDT
    gullyjuiceDeleted

    This might wake a few people up...LOL

    United We stand, divided We fall, and we are divided in this Country where hate is the past time of too many fools that let in their hearts.

    Left or Right it still creates two sides to divide us.

     

    John^^

      Reply#11 - Wed Oct 13, 2010 7:53 PM EDT

      what good is it to have all the money in the world but NO FREEDOM?

        Reply#12 - Thu Oct 14, 2010 7:29 PM EDT

        I have never been to China. I don't know anyone in or from China. I don't know the laws or the lifestyle. I have lived in the world, and I know people. If anybody is filthy rich, it is because they found ways to take back more than they give. This statement is not liberal, conservative, bigoted, envious, rude, uninformed, or mean-spirited. It is a simple statement of a universal, economic fact.

          Reply#13 - Sun Oct 24, 2010 1:22 PM EDT
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