The Richest Billionaires in China are Two Women
If anyone knows me personally, they will know that I have a thing for China. That’s right, I have been slightly obsessed with everything Chinese ever since high school. It all started with my love of Japanese animation, and then moved onto a great appreciation of all Asian cultures. In high school I had many Chinese and Korean friends and I started down my new liking for this way of thinking. In the past three years my love for China has only grown as I’ve started dating my wonderful boyfriend, who happens to be Chinese. From him I learned so many things about China, the culture and yes the language too. I am also currently taking some second level Mandarin classes. But there’s another thing that has caught my attention about China: the growing number of billionaires and the fact that the billionaire list is topped by two women.
Photo by: Alejandra Garcia
According to the Hurun rich list, the two top billionaires in China are women. Not only that but the number of billionaires in China has grown from 15 in 2006 to 106 this year! Simply put, this is astounding. I should also mention that these Chinese are billionaires in US dollars, not in the local currency, which means they are competing with the big boys like Bill Gates and Warren Buffett. This new statistic might be frightening to some, since China is now the country with the most billionaires second only to the United States. Some of the explanations for this tremendous growth include the fact that the Chinese economy has been growing despite the mortgage crunch in the United States. I think China is a great example of harnessing personal power and making a huge impact on your audience and the world. Now let’s take a look at the top billionaires in China, who just so happen to be female and one of them is also a self made billionaire woman.
Yan Huiyan
The richest woman in China is Yan Huiyan. She came from a poor background in the rural areas of China and made her wealth by purchasing inexpensive land in the south of China and reselling later. You can say she built her fortune selling real estate in a country that did not work on the real estate model the way the United States did. She holds over 59% of the company (Country Garden) shares, since her father at age 52 transfered his shares over to her. At only 26 years old as of this writing, this is an astounding revelation. Not only is Yan Huiyan the richest woman in China she is also one of the richest women in Asia, with a personal fortune of $17.5 US billion dollars. Although not much is known about Yan Huiyan due to her recent rush of wealth through the company’s success and her father’s share, one thing is for sure - we must keep our eyes on her. I will certainly be observing her further in the coming months as her story is unveiled.
Zhang Yin
The second richest woman in China, Zhang Yin, also a billionaire, made her fortune helping the planet. Zhang Yin was the richest person in China as of last year and I remember reading about her then and thinking how cool this woman really was. At 50 years of age, Zhang Yin proves that age is no obstacle when you have a dream, a vision and a little bit of fire in your belly to take action on it. Zhang Yin’s company Nine Dragon Paper is a paper recycling company that she started back in the 1980s. She now owns over 70% of the shares together with her husband and her brother. Zhang Yin is the richest self made woman in the world and her personal wealth is evaluated at $10 billion dollars. I really look up to Zhang Yin because of her ideals and the fact that she never let anything stop her from achieving her dream. She also takes the environment to heart and has not made her fortune by deforesting the planet or polluting our ecosystems: no she is doing quite the opposite by restoring our beautiful world.
Summary
So if you are still wondering exactly why I love the Chinese culture so much, or why I toil away at my Chinese character writing… it’s because of these great Chinese women and role models. My Chinese teacher, also a great woman, has taught me much about the Chinese way of life and I hope to fully incorporate these ideals into my daily life. I also believe that balance and the concept of the yin and the yang is extremely relevant when it comes to creating personal wealth. It is only when we can find true balance within ourselves that we can create the visions we dream of. I also think that these women have shown us that family is an important aspect of building a personal fortune.
As Chris Howard always said: “It takes teamwork to make the dream work.”
So here as we can see, it takes family to support you in your endeavors. It will pay off! You need to persevere, surround yourself with loving and supporting people (like family) and then get ready to watch your wealth soar. Zaijian - see you later!
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