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Real Estate Wealth Propels Wu Yajun To Top Of China’s Richest Business Women List

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Wealth-X Releases China’s Top 10 Richest Business Women List
SINGAPORE /PRNewswire/ — Wealth-X, the global UHNW intelligence and wealth due diligence firm, has unveiled its top 10 list of China’s richest business women.
With a net worth of US$3.6 billion, Wu Yajun has taken top spot among China’s business women. The former journalist and co-founder of Longfor Properties owns more than 75% of the Hong Kong-listed company alongside her husband. Sharing a similar profile is Xiuli Dai Hawken, who takes second spot on the list with a net worth of US$1.6 billion. A former journalist, she co-founded Renhe Commercial Holdings with her brother and currently serves as a Non-Executive Director of the Hong Kong-listed company and is its largest shareholder. The list’s third spot is held by He Qiaonu with a net worth of US$1.5 billion. A graduate of Beijing Forestry University, she founded Orient Landscape Service in 1992, currently known as Beijing Orient Landscape. The company designs, develops and maintains environmental landscape projects for golf courses, resort hotels, cities and private real estate properties.
NAME NET WORTH (US$)
Wu Yajun 3.6 billion
Xiuli Hawken Dai 1.6 billion
He Qiaonu 1.5 billion
Chen Lihua 1.1 billion
Zhang Xin 1 billion
Chen Jinxia 1 billion
HUANG XI 1 billion
Lei Jufang 890 million
Li Tan 880 million
Fan Zhaoxia 350 million
Reflective of current economic trends in China, five of the top 10 rank holders either own companies in the real estate sector or operate in related industries. Two of the ladies are in the medical or pharmaceutical arena and all except one co-founded or played a pivotal role in the companies that have made them ultra wealthy.
Mykolas D. Rambus, CEO of Wealth-X, commented on the insight provided by the list, “The list reflects the entrepreneurial spirit of Chinese business women and the wealth generating potential of the Chinese property sector, particularly in view of the 11,500 ultra wealthy individuals resident in China as revealed by the Wealth-X World Ultra Wealth Report 2011-2012.”
For more information, please visit: http://www.wealthx.com
About Wealth-X
Wealth-X provides its members with qualified prospects and intelligence on ultra high net worth (UHNW) individuals, along with the privately held-companies they control. We work with 8 of the top 10 global private banks, leading educational institutions, not-for-profits and luxury brands. Our firm’s online business development solution profiles individuals who represent $10.7 trillion of the world’s net wealth. The Wealth-X database additionally offers exclusive details on ultra wealthy individuals, including their wealth, income, passions, philanthropic interests, affiliations, politics, advisors, families and biographies. Wealth-X is the global leader on UHNW individuals and the worldwide standard for professionals working with the ultra affluent. Headquartered in Singapore, the company has offices in Beirut, Budapest, Guangzhou, Hong Kong, Kuala Lumpur, London, Lugano, Madrid, Mumbai, New York and Sydney.
Source: Wealth-X

Written by asiafreshnews

September 10, 2012 at 11:39 am

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