Two-Thirds of World's Self-Made Women Billionaires in China ByZhang Jie May 21, 2021

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Two-Thirds of World's Self-Made Women Billionaires in China​

ByZhang Jie　May 21, 2021

The number of self-made women billionaires surged 30 percent from last year in the world to hit a record 130, with the figure increasing fivefold during the past 10 years, said Hurun Research Institute on Wednesday.

China has two-thirds of the world's self-made women billionaires, with a total of 85; the USA ranked second with 25, and the UK third with six. Moreover, nine Chinese women landed in the Hurun Top 10 Richest Self-Made Women in the World 2021.

Among the 130 self-made women billionaires, 43 are newcomers, with 33 of them from China. Five are from the post-1980s generation, with three from China and two from the US.

Beijing remains the capital of the most successful women in business in the world, with the city home to 16 — four more than last year — followed by Shanghai with 11, and Shenzhen and Hangzhou with each respectively boasting of 10.

The Hurun report pointed out 45 percent of the women entrepreneurs on the list are engaged in emerging industries, including advanced manufacturing and healthcare.

Total wealth of the 130 self-made women billionaires reached 3 trillion yuan in 2021, ballooning 63 percent year-on-year. The average wealth was 22.9 billion yuan, an increase of 25 percent from last year.

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The biggest success for China is that PRC fundamentally reformed China's thousands of years old male dominant society and values and gave women equal rights to contribute to the society. Before PRC, girls were mostly discouraged from attending schools and now every year China has more college girls than boys.