Patti Waldmeir
FT.com via CNN.com
10/12/2010
(FT) — More than half the world’s richest self-made women are Chinese, thanks in large part to Mao and cheap childcare, according to the Hurun Report, which compiles information on the wealthiest Chinese.
The world’s three richest women are Chinese — as are 11 of the top 20 — according to the Hurun List of Self-Made Women Billionaires, published on Tuesday.
Zhang Yin, 53, the Chinese head of a recycled paper company, Nine Dragons Paper, ranks as the wealthiest self-made woman on earth with an estimated personal fortune of $5.6bn. Wu Yajun, 46, of Longfor Property, comes in second with $4.1bn and Chen Lihua, 69, of Fuhua International, a Hong Kong conglomerate, ranks third with $4bn.
The richest non-Chinese is Spaniard Rosalia Mera of Zara, the fashion house, with $3.5bn, and two others who made their fortunes in fashion: Doris Fisher for Gap is eighth and Giuliana Benetton of Benetton is 11th.
Oprah Winfrey, the US television show host, ranks ninth with $2.3bn.
The article continues at CNN.com
