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The World's Three Wealthiest Women You've Probably Never Heard Of

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Zhang Yin, Wu Yajun, and Chen Lihua might be the three self-made wealthiest people you’ve never heard of. They’re also the three wealthiest women in the world, and they’re all Chinese.

The FT reports on how the Communist party is partially to thank:

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.

Combined, these three women are worth about $13.7 billion.

The list does not include women who have made their fortune through inheritance, including Christy and Alice Walton, of Walmart fame, who combined are worth about $42 billion.
POSITION:  No positions in stocks mentioned.
TAGS:  CHINA, WALMART, WEALTH, WOMEN, COMMUNISM    SOURCE:   Financial Times

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