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.

 

Share

Featured Articles

Top 10 female executives leading Japan's charge for change

As Japan pledges a 30% target for women executives at big firms by 2030, we spotlight 10 female corporate leaders blazing a trail in the country

Top 10 most valuable unicorns in China – phones to drones

Home to the world’s most valuable unicorn, not to mention the fastest growing, China may be trailing the US on numbers, but it is catching up – and fast

Top 10 fastest-growing energy companies in the APAC region

Business Chief takes a look at the top 10 fastest-growing energy companies in the APAC region, according to rankings from S&P Global Commodity Insights

Top 10 Chief Financial Officers in India

Corporate Finance

Top 10 largest companies Malaysia and the CEOs who helm them

Leadership & Strategy

5 high-profile CEO moves across Asia-Pacific this month

Leadership & Strategy