China is one of the wealthiest countries in the world. It is a leading industrial nation that generates huge profits. Despite of the country’s communist nature, there are still rich and powerful individuals whose fortunes are exponentially higher than the average wealth in China. Women are slowly climbing the billionaire list and are making a name for themselves.
Here is a list of the top 15 richest women in China:
15 Qianqian Luo
Qianqian Luo is the co-founder of Shanda Interactive Entertainment, which is a Chinese interactive media company. It offers different online entertainment media and book publishing. Qianqian Luo, a self-made millionaire, is the second youngest in this list of wealthiest women in China. At only 33 years old, Qianqian Luo’s net worth exceeds $700 million and is about to break into the billionaire’s club.
14 Tan Li
(Li Li, husband of Tan Li)
Tan Li and her husband, Li Li, are co-owners of Shenzen Hepalink Pharmaceuticals, a company that produces the blood thinner heparin and other related products. Tan Li owns 32% of the company and her husband owns 40% of it. They are also the richest couple in China. She also serves as the director and vice president of the company. Her total net worth is estimated to be $770 million.
13 Yaxian Zhou
Yaxian Zhou is the Chairman and president of Shenghuan Holdings (Group) Limited. This company is known for producing 80% of China’s collagen, protein-made edible sausage casings. She is the inventor of four national patents under her name that are related to the production of and facilities for collagen casing sausages. Her total net worth is $780 million.
12 Jufang Lei
In the field of Tibetan medicine, Ju Fang Lei, the chairwoman of Cheezhang Tibetan Medicine Co Ltd, is a pioneer. Tibetan medicine is completely different from western medicine. Cheezhang Tibetan Medicine Co. Ltd. Capitalizes on this and preserves traditional Chinese medicines in their lineup of products. Ju Fang Lei is dubbed as one of China’s most influential women with a total estimated net worth of $1 billion.
11 Xi Huang
A former middle school math teacher, Xi Huang became a self-made billionaire when she decided to join Good First in 1989. Xi Huang contributed to the expansion of the company and assisted the company’s previous owner, Chen Zhanghui. She is also the largest shareholder of Minsheng Bank, the first bank in China to be held by non-government companies. Xi Huang’s total net worth is $1 billion and she has a 96% stake in the company.
10 Jinxia Chen
One fateful day on April, 2008, Jinxia Chen became a widow and billionaire following the death of her husband, Wei Dong, who was a financier and one of China’s most successful entrepreneurs. She inherited a significant amount of share in the companies of Hunan Yongjin Group, which also includes shares in Zhuzhou Qianjin Pharmaceutical, Jiuzhitang, and brokerage firm Sinolink Securities. Her total net worth is $1.2 billion.
9 Chun Yuan Wu
As far as accomplishments are concerned, Chun Yuan Wu has a collection of them under her belt. She is the non-executive Director of AAC Technologies Holdings Inc. She has been the co-founder of numerous companies like the AAC U.S., AAC Acoustic Group, Shenzhen Meiou, Changzhou AAC and YEC. She is quite active in the daily operations of AAC Technologies group. Her total net worth is $1.3 billion.
8 Un Chan Chan
Un Chan Chan is a businesswoman and philanthropist who is based in Hong Kong. She oversees an investment portfolio that contains transportation businesses, leisure, retail, hospitality, and realty. She is a shareholder of several companies like Sociedade de Turismo e Diversões de Macau and the SJM Holdings Limited. Un Chan Chan is also known as the third wife of Dr. Stanley Ho. Her total net worth is $1.4 billion.
7 Yin Zhang
Yin Zhang is one of the richest women in greater China and founder of Nine Dragons Paper Holdings, the largest paper maker in China. Yin Zhang is also the wealthiest self-made woman in the world with a personal fortune of $1.6 billion. Yin Zhang started her business in Hong Kong with a capital of only $3,800 when she realized that China is in scarcity of packaging materials.
6 Xiuli Hawken
Xiuli Hawken is a real estate tycoon turned billionaire. She was a reporter in China before moving to England to learn English. She worked in the finance industry for awhile and married Tony Hawken, a teacher. She then moved back to China and leased air-raid shelters to create into an underground mall. Xiuli Hawken has a net worth of $1.8 billion.
5 Qiaonv He
Qiaonv He is a self-made billionaire who chairs Beijing Orient Landscape, one of the biggest landscape and interior design companies in China. She owns 54% of the company while her husband, who is the Vice Chairman of the company owns only 11%. Her total net worth is $2.1 billion.
4 Lihua Chen
Lihua Chen was named one of the Top 100 Most Influential People of 2012 not for being a billionaire but for her philanthropy. She was born and raised in a poor family and struggled on her way up. She is currently the president and founder of Fu Wah International Group, Hong Kong. She is well known for investing 200 million RMB to build a museum and preserve the art of Sandalwood carving. Her total net worth is $2.7 billion.
3 Xin Zhang
Xin Zhang is the President of SOHO China, the largest property developer in central Beijing. Xin Zhang co-founded this company with her husband, Pan Shiyi, in 1995. Xin Zhang was a self-made billionaire who lived with her mother and supported herself to go abroad and get an education. After gaining experience, she went back to China to establish her own business. Her total net worth is $3.4 billion.
2 Yajun Wu
Yajun Wu was the former Chief Executive Officer of Longfor Properties Co., Ltd., a real estate company that she founded with her ex-husband, Mr. Cai. She was a widow of John T. Walton, the second son of the owner of Walmart. She is currently a member of the National People’s Congress. Her total net worth is $4.1 billion.
1 Huiyan Yang
Huiyan Yang is the daughter of the founder of Country Garden Holdings and is the youngest billionaire on the list. She is currently the Vice President of the Company. Her father, founder of the company, Yang Guoqiang, trained Huiyan Yang by bringing her to board meetings when she was just in middle school. Her total net worth is $6.3 billion.