Yang Huiyan, vice-chairwoman of Country Garden, has been crowned China's richest woman with a fortune of 126.9 billion yuan ($18.68 billion), according to the Forbes Richest Women in China 2019 list.

Wu Yajun, chairwoman of Longfor Properties, ranked second with a personal wealth of 60.75 billion yuan, followed by Chen Lihua, chairwoman of Fu Wah International Group, with 39.15 billion yuan.

The collective wealth of the 25 female billionaires on the list is 520.13 billion yuan, down 22 percent from 670.34 billion yuan in 2018. Last year's global stock market downturn accelerated the wealth reduction of billionaires, Forbes China said.

Let's take a look at the top 10 richest women in China.