Young entrepreneurs should dream bigger, says Hurun chairman Rupert Hoogewerf, publisher of the Hurun China Rich List, based on his talks with many rich in China.
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Hurun China rich list founder Rupert Hoogewerf explains what he expects for the young entrepreneurs in China during the coming five years at the China News.
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Two-thirds of the world’s richest women come from China, says the latest Hurun Rich List report. “If we want to understand the global women entrepreneurship, we have to start from China. China has been home to more than two-thirds of the world’s most successful women entrepreneurs in the past decade,” said Rupert Hoogewerf, chairman and chief research officer of Hurun Global Rich List in the state-owned Global Times.
The Global Times:
China is home to two thirds of the most successful women entrepreneurs in the world, three times the number of the US, a Hurun report showed.
The Hurun Research Institute released the Hurun Richest Self-Made Women in the World 2021 on Wednesday, a list of self-made women billionaires across the world. This is the 11th year the list has been published.
The list showed that the number of self-made women entrepreneurs with 1 billion dollar asset threshold grew by 30 percent in 2020, to reach a record of 130 people.
Chinese women take the lead on the list, as 85 of them are from China, 24 more from last survey. The US ranked second with 25 people and the UK ranked third with 6.
Also, China takes nine of the top 10 this year and accounts for nearly 80 percent of the new faces on the list this year.
“If we want to understand the global women entrepreneurship, we have to start from China. China has been home to more than two-thirds of the world’s most successful women entrepreneurs in the past decade,” said Rupert Hoogewerf, chairman and chief research officer of Hurun Global Rich List.
Zhong Huijuan, 60, of Hansen Pharmaceutical, in East China’s Jiangsu Province, has become the world’s most successful female entrepreneur for the second year in a row with a wealth of 150 billion yuan ($23.34 billion).
Narrowing it down, Beijing city is the hub for “the most successful women entrepreneurs in the world”, with 16 rich women, followed by Shanghai, Hangzhou and Shenzhen.
Rupert Hoogewerf is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers' request form.
Are you looking for more stories by Rupert Hoogewerf? Do check out this list.
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| Ashley Dudarenok |
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| William Bao Bean |
Now, with Southeast Asian neighbors hopping aboard to make the region one of tech’s brightest, Taiwan is trying to get its tiger roaring once more.
Taiwan is home to around 140,000 manufacturing SMEs, the majority of which are based in the country’s densely-populated capital, Taipei. Few, however, have transitioned into software. William Bao Bean, a partner at investor SOSV and managing director at Taipei-based mobile-only accelerator MOX, believes there are three reasons why.
The first, he says, is investment: “There are many well known Taiwanese internet entrepreneurs. The issue is that they founded a startup, left Taiwan and never came back. One of the most important things about having a startup ecosystem is that they come back and invest through angel investment dollars. That did not happen.”
Bao Bean’s second reason for Taiwanese startup stagnation is that hardware investors are “quite risk averse. In the early days of the internet, ten years ago, they did a couple of internet projects and ended up losing money. So they came to the conclusion that either their family lacks investment or the internet sucks.”...
More in the Red Herring.Bao Bean and his MOX colleagues are trying to “encourage people to come back” to inject life into Taiwan’s startup ecosystem. “I pay for plane tickets and hotels for anybody who wants to come back and mentor for a few days,” he says.
