BEIJING: Chinese women still lack clout in politics, but fortune is certainly smiling on them: Half of the world’s 14 self-made female billionaires are China-born.
And these women did not inherit their wealth, but created it on their own steam and gumption, according to the latest annual ranking by Forbes magazine.
The wealthiest of the lot, Ms Wu Yajun, made her US$3.9 billion (S$5.3 billion) fortune in real estate.
Madam Lei Jufang sells Tibetan medicine, while Ms Zhang Yin – also known as Ms Cheung Yan – turned paper recycling into a vast amount of cash.
The other billionaires on the Forbes list released last month are tobacco flavourings magnate Zhu Linyao (or Chu Lam Yiu), property tycoons Zhang Xin and Chen Lihua (Chan Lai Wa), and shopping mall mogul Xiuli Hawken.
Their accomplishments are both a fitting tribute to the new independent Chinese woman, whose rise over the past decade has been slow but steady, and a signal that China is becoming the world’s new land of opportunity, observers said.
To read the full, original article click on this link: These Chinese women are seven in a billion « Common sense news
Author: Albert Pek
