Zhang Yin tops Hurun list of richest women

Zhang Yin

Hurun list of the richest women in the Chinese mainland was released on October 15. Zhang Yin tops the list with personal wealth of 33 billion yuan.

As the founder and director of the family company Nine Dragons Paper Holdings, which recycles paper into cardboard boxes, Zhang Yin also ranks second on this year's Hurun Rich List of Chinese mainland's top 1,000 entrepreneurs. She was the first woman to top the list of richest people in China published by Hurun Report in 2006.

According to the list this year, Zhang is followed by Yang Huiyan of property developer Country Garden Holdings with 31 billion yuan, and Chen Lihua of the conglomerate Fu Wah International Group with 23 billion yuan. Last year, Yang took the top spot followed by Zhang and Chen.

"Chinese women now lead the world's richest self-made women," said Rupert Hoogewerf, who compiles the annual list.

The average wealth on the list of 51 members was estimated at 6.6 billion yuan, up 1.5 billion yuan from last year, and the average age was 46. Most of those on the list, which was released yesterday, made their fortunes from property or the finance and investment sectors.

By People's Daily Online

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