The vice-chairwoman of one of the largest property development company in China Country Garden has been named first on the list of the richest Chinese women for the sixth consecutive year. According to the Hurun Richest Woman in China 2018, Yang Huiyan is the richest woman in China.
The wealth of the lady is around 150 billion yuan ($21.7 billion) and has topped the list followed by Wu Yajun who is the chairwoman of Longfor Properties with 58.5 billion yuan wealth. The third position was held by Chen Li who is the chairwoman of Fu Wah International Group with Hua (50.5 billion yuan) wealth.
“China accounts for 60 percent of the world’s most successful female entrepreneurs, while Chinese women make up one-fifth of the world’s female population,” said Rupert Hoogewerf, chairman and chief researcher at Hurun Report. “Reform and opening-up, as well as entrepreneurship of Chinese women, can be the reason behind this story,” he added.
The list calculates the personal wealth, not the family wealth, of women entrepreneurs. Most of the names on the list are from real estate and manufacturing.