China, the world’s most populous nation, has more female billionaires than any other country — six out of every 10 self-made women billionaires globally are from China.
“There can be no question anymore that China is the best place in the world to be a woman entrepreneur,” said Rupert Hoogewerf, founder of the Hurun Report, a research firm. “The question I am often asked is, ‘Why is China producing so many of the world’s most successful women in business?’ There is no Chinese in the Top 10 of the world’s self-made billionaire men, yet six of the top 10 world’s self-made women billionaires are from China.”
A good number of them are also millennials, including Wu Yan. They call her the “media and entertainment queen,” and the 36-year-old is also the youngest of China’s self-made billionaires.
That’s impressive enough, but what’s really crazy about Yan’s wealth is that she started her career as a journalist — notoriously a labor of love, low-paying career choice. Yan pivoted into entertainment and became chairwoman of tech giant Hakim Unique before it went public.
Hakim, a versatile and revered media company, produces television and movies, runs theme parks and theaters, creates video games, and also build smart cities.