The 11 women that make up the world’s top 10 self-made female billionaires in dollar terms have lost a quarter of their wealth since January 15, because of fluctuations in the stock market, Hurun Research Institute said on Wednesday.
These billionaires, 10 of whom are from China, were worth a combined US$165 billion as of January 15, said Hurun, which is well known for its China rich lists. They have since lost about US$41 billion altogether. A sharp decline in the stock market over the past four months has resulted in big changes in their personal net worth, Hurun said. These are not the richest women worldwide, only self-made billionaires.