China’s youngest billionaire and richest woman now $6bn richer

China’s richest woman and youngest billionaire, Yang Huiyan, reportedly added $6.1bn to her wealth in seven days, Bloomberg has reported.

Yang Huiyan is the controlling shareholder of Country Garden Holdings, a real estate company of which she owns a 57% stake.

Shares in the company rose, resulting in Yang’s total wealth surging to $29.7bn in total as of 10th January, according to Bloomberg.

See also:

Business Chief – Asia Edition, January 2018 issue out now!

Forbes releases China rich list

UBS, PwC: One billionaire created every two days in Asia

Country Garden Holdings’ shares rose 24% this year through to January 10th and shares have more than quadrupled in the past year.

Yang is 36 and was transferred the controlling stake by her father Yang Guoqiang in 2005.

Back in November Forbes released its China rich list and Yang was one of only four people under 40 in the top 100 list, which has an average age of 55. She was also the only woman to be included in the top ten.

She was then stated to be worth $20.7bn so is likely to be even higher up on next year’s list.

The property company is currently based in Guangdong province, China, and was named as one of Forbes Asia’s Fab Top 50 Companies in 2011.

Its most recently reported revenue is $20.8bn.



Featured Articles

Welcome to the New Age of the CISO

HE Dr Mohamed Al-Kuwaiti, Head of Cyber Security, UAE Government and Dr Aloysius Cheang, Chief Security Officer Huawei UAE, on the new age of the CISO

Making the UAE the world’s strongest digital fortress

His Excellency Dr Mohamed Al-Kuwaiti, Head of Cyber Security, UAE Government, on visionary plans to build the world’s most secure digital society

World Mental Health Day – 10 apps to improve wellbeing

Employers should recognise the growing use of apps to help support mental health – here are 10 to consider on World Mental Health Day

Exec interview: Brook Sims, COO, MAC Diversity Recruiters

Leadership & Strategy

Best new books that will make you a better leader

Leadership & Strategy

5 Mins With: Jeff Li, founder and CEO of Shoplazza

Leadership & Strategy