More than half the world's richest self-made women are Chinese, thanks in large part to Mao and cheap childcare, according to the Hurun Report, which compiles information on the wealthiest Chinese.
The world's three richest women are Chinese -- as are 11 of the top 20 -- according to the Hurun List of Self-Made Women Billionaires, published on Tuesday.
Zhang Yin, 53, the Chinese head of a recycled paper company, Nine Dragons Paper, ranks as the wealthiest self-made woman on earth with an estimated personal fortune of $5.6bn. Wu Yajun, 46, of Longfor Property, comes in second with $4.1bn and Chen Lihua, 69, of Fuhua International, a Hong Kong conglomerate, ranks third with $4bn.
The richest non-Chinese is Spaniard Rosalia Mera of Zara, the fashion house, with $3.5bn, and two others who made their fortunes in fashion: Doris Fisher for Gap is eighth and Giuliana Benetton of Benetton is 11th.
Oprah Winfrey, the US television show host, ranks ninth with $2.3bn. Nandani Lynton, of the China Europe International Business School in Shanghai, identified political and social factors for making a scrap paper lady from China richer than the doyennes of Zara, Gap, Benetton and Ebay.
"Mao made an incredible difference when he said women hold up half the sky, since then it has been assumed that all women in China will work," Ms Lynton said.
Chinese women are also among the most ambitious on earth, according to a study from the Centre for Work-Life Policy in New York, which found 76 per cent of women in China aspired to top jobs, compared with 52 per cent in the US.
Working mothers in China and other Bric countries "are able to aim high, in part because they have more shoulders to lean on than their American and European peers when it comes to childcare", the centre noted. With an average work week of 71 hours for Chinese women, cheap childcare is essential, and in China is often provided by grandparents -- four for every only child.
Nandani Lynton noted that it was not just the availability of cheap or free childcare but also the absence of any stigma attached to using it that helped Chinese women dominate the global rich lists.
Still, compared to Chinese men, women still lag behind. According to Hurun, only 11 per cent of the richest people in China are women and the average wealth of China's top 50 richest women is only a third that of the top 50 richest men.
Click to Read: World's three richest women are Chinese
Note: 看完新闻， 我一般都喜欢看一下读者评论。 我发现有一个在中国生活了四年的美国男士对中国女人很不以为然。 估计中国美眉们一切向钱看的作风让他很失望。 他的评论有点酸， 还比较以偏盖全。
Chinausa: I am an American man living in China. I've lived here for 4 years. I have to say, though, that while American women have passions that radiate into all areas--pop culture, fashion, art, health, exercise, business, education, and of course, feminism--and have long had the luxury to allow themselves those passions and be interesting people, Chinese women tend to be far less sophisticated and educated. They rarely can discuss what is going on in China, much less the outside world. They are less introspective and often quite practical and single-minded in their pursuit of material goods, wealth, and status. It controls their choices of mates, how they raise--or abandon--their kids, and everything else. Yes, they tend to be shallow, though they are often the first ones to admit it. They also tend to be very good at business.
另一个读者对Chinausa的回答:
"American women have passions that radiate into all areas--pop culture, fashion, art, health, exercise, business, education, and of course, feminism--and have long had the luxury to allow themselves those passions and be interesting people" hahaha, did you live in some American soap opera while in USA?!?! I wish average American women would have these qualities! Have you ever seen American woman shoping in WallMart?
The world's three richest women are Chinese -- as are 11 of the top 20 -- according to the Hurun List of Self-Made Women Billionaires, published on Tuesday.
Zhang Yin, 53, the Chinese head of a recycled paper company, Nine Dragons Paper, ranks as the wealthiest self-made woman on earth with an estimated personal fortune of $5.6bn. Wu Yajun, 46, of Longfor Property, comes in second with $4.1bn and Chen Lihua, 69, of Fuhua International, a Hong Kong conglomerate, ranks third with $4bn.
The richest non-Chinese is Spaniard Rosalia Mera of Zara, the fashion house, with $3.5bn, and two others who made their fortunes in fashion: Doris Fisher for Gap is eighth and Giuliana Benetton of Benetton is 11th.
Oprah Winfrey, the US television show host, ranks ninth with $2.3bn. Nandani Lynton, of the China Europe International Business School in Shanghai, identified political and social factors for making a scrap paper lady from China richer than the doyennes of Zara, Gap, Benetton and Ebay.
"Mao made an incredible difference when he said women hold up half the sky, since then it has been assumed that all women in China will work," Ms Lynton said.
Chinese women are also among the most ambitious on earth, according to a study from the Centre for Work-Life Policy in New York, which found 76 per cent of women in China aspired to top jobs, compared with 52 per cent in the US.
Working mothers in China and other Bric countries "are able to aim high, in part because they have more shoulders to lean on than their American and European peers when it comes to childcare", the centre noted. With an average work week of 71 hours for Chinese women, cheap childcare is essential, and in China is often provided by grandparents -- four for every only child.
Nandani Lynton noted that it was not just the availability of cheap or free childcare but also the absence of any stigma attached to using it that helped Chinese women dominate the global rich lists.
Still, compared to Chinese men, women still lag behind. According to Hurun, only 11 per cent of the richest people in China are women and the average wealth of China's top 50 richest women is only a third that of the top 50 richest men.
Click to Read: World's three richest women are Chinese
Note: 看完新闻， 我一般都喜欢看一下读者评论。 我发现有一个在中国生活了四年的美国男士对中国女人很不以为然。 估计中国美眉们一切向钱看的作风让他很失望。 他的评论有点酸， 还比较以偏盖全。
Chinausa: I am an American man living in China. I've lived here for 4 years. I have to say, though, that while American women have passions that radiate into all areas--pop culture, fashion, art, health, exercise, business, education, and of course, feminism--and have long had the luxury to allow themselves those passions and be interesting people, Chinese women tend to be far less sophisticated and educated. They rarely can discuss what is going on in China, much less the outside world. They are less introspective and often quite practical and single-minded in their pursuit of material goods, wealth, and status. It controls their choices of mates, how they raise--or abandon--their kids, and everything else. Yes, they tend to be shallow, though they are often the first ones to admit it. They also tend to be very good at business.
另一个读者对Chinausa的回答:
"American women have passions that radiate into all areas--pop culture, fashion, art, health, exercise, business, education, and of course, feminism--and have long had the luxury to allow themselves those passions and be interesting people" hahaha, did you live in some American soap opera while in USA?!?! I wish average American women would have these qualities! Have you ever seen American woman shoping in WallMart?
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