I recently came across Forbes’ list of female billionaires and was particularly interested in the feature on the world’s richest self-made women. Forbes reported that worldwide, 14 women have amassed personal wealth of $1 billion or more, accounting for 2% of all self-made billionaires. The thing that interested me the most about this was that out of the 14 women, seven have made their fortunes in China. According to Forbes, women in China today contribute half of the household income, up from 20% in the 1950s. China’s booming economy has created lots of economic opportunities, and when combined with...
