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The 5 billionaires competing to be China’s richest woman: from Country Garden’s Yang Huiyan to Zhou Qunfei, whose tech start-up supplies Apple, Samsung and Huawei

STORYTan Jou Teng
Zhong Huijuan, Wu Yajun, and Zhou Qunfei are among China’s richest women, but how did they get there? Photo: @BeijingReview/Twitter, SCMP, AFP
Zhong Huijuan, Wu Yajun, and Zhou Qunfei are among China’s richest women, but how did they get there? Photo: @BeijingReview/Twitter, SCMP, AFP
Millionaires, billionaires and trillionaires

  • Elon Musk and Jeff Bezos may be the world’s richest men, but take a look at the list of richest women and you’ll see two Chinese tycoons right at the top
  • Longfor Properties’ Wu Yajun toiled in a factory before working her way to a US$18 billion fortune, while Hengli Petrochemical’s Fan Hongwei made it in textiles

As the world enters its second year of the pandemic – and its subsequent reshuffle of the global rich list – China has come out on top, surpassing the US to be crowned the country with the highest number of billionaires for the first time in history.

It is also home to the most self-made entrepreneurs who are women in the world. Based on research by the Hurun Research Institute, China currently has a total of 85 female billionaires. These are five women – not all of them self-made – jostling for the position of richest woman in China.

Yang Huiyan

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