9/28/2016

More Women Billionaires in China than Rest of the World

China now has 93 self-made women billionaires compared to 31 in the rest of the World. 
How did Zhang Xin, cofounder and ceo of SOHO went from working in a sweatshop to being a billionaire real estate mogul in Beijing? She and her husband build more of Beijing than any Chinese Emperor. She is compared as the Steve Jobs of architecture.


China now has 568 billionaires compared to 535 in the US, and Beijing has overtaken New York as the billionaire capital of the world (with 100 compared to 95 in NYC).
China has now eliminated almost all urban poverty by giving cash subsidies to all city residents across China below the poverty line, and has a plan to eliminate all poverty by 2020 (10 years ahead of the UN’s 2030 Global Goals target). - See Roger Hamilton's Blog
A tiny subset of women among the world’s richest people built billion-dollar fortunes from scratch, using great ideas and hard work, despite the gender discrimination that often prevails in the global business world. These 33 self-made women make up only 2% of the world’s billionaires. 
Most of the 190 women among the 1,810 billionaires on the 2016 Forbes Billionaires list inherited their wealth. - Forbes