Kwong Siu-hing, wife of the late founder of Hong Kong property giant Sun Hung Kai Properties, Kwok Tak-seng, has become China's richest woman for the first time, with a net worth of 72 billion yuan, according to a report released by Hurun on Tuesday.
Photo/Hurun Report
Wu Yajun, founder of Chinese property developer Longfor Properties, retained her title as China's richest self-made woman with a net worth of 66.5 billion yuan.
Kwong is the widow of Kwok Tak-seng, who founded Sun Hung Kai Properties with his friends Lee Shau-kee and Fung King-hey in 1963. The three men went their separate ways in the 1970s. Kwok died in 1990. Kwong holds shares in Sun Hung Kai Properties through a trust and is the company's largest shareholder.
In terms of company headquarters and birthplace, Cantonese entrepreneurs still had the most representation with seven members, followed by Jiangsu and Zhejiang with six members each.
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