China produces two thirds of the world’s richest women entrepreneurs: Hurun report

China produces two thirds of the world’s richest women entrepreneurs: Hurun report

China is home to two thirds of the most successful women entrepreneurs in the world, three times the number of the US, a Hurun report showed.

The Hurun Research Institute released the Hurun Richest Self-Made Women in the World 2021 on Wednesday, a list of self-made women billionaires across the world. This is the 11th year the list has been published.

The list showed that the number of self-made women entrepreneurs with 1 billion dollar asset threshold grew by 30 percent in 2020, to reach a record of 130 people.

Chinese women take the lead on the list, as 85 of them are from China, 24 more from last survey. The US ranked second with 25 people and the UK ranked third with 6.

Also, China takes nine of the top 10 this year and accounts for nearly 80 percent of the new faces on the list this year.

“If we want to understand the global women entrepreneurship, we have to start from China. China has been home to more than two-thirds of the world’s most successful women entrepreneurs in the past decade,” said Rupert Hoogewerf, chairman and chief research officer of Hurun Global Rich List.

Zhong Huijuan, 60, of Hansen Pharmaceutical, in East China’s Jiangsu Province, has become the world’s most successful female entrepreneur for the second year in a row with a wealth of 150 billion yuan ($23.34 billion).

Narrowing it down, Beijing city is the hub for “the most successful women entrepreneurs in the world”, with 16 rich women, followed by Shanghai, Hangzhou and Shenzhen.

A company in Hangzhou, East China’s Zhejiang Province held a job fair for women on August 21, 2018, welcoming child-bearing women. Photo: VCG

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