Status of Chinese People

News, reports about China and Chinese people's living condition

China’s richest person is 26-year old woman: Forbes

Posted by chinaview on October 8, 2007

Reuters, Mon Oct 8, 2007-

BEIJING (Reuters) – The twenty-six year-old daughter of a rags-to-riches property developer is China’s wealthiest person, with a $16 billion fortune, Forbes magazine said on Monday.

Yang Huiyan shot to the top of the China Rich List after the firm her father founded floated on the Hong Kong stock exchange in April, creating five billionaires at once.

Her low-profile father, Yeung Kwok Keung — who worked as a farmer and on construction sites before making his fortune, according to Chinese media — had transferred his stake in Country Garden Holdings Co. to his daughter in 2005.

Also Asia’s richest woman, the Ohio State University graduate this year married the son of a top Chinese official she met on a blind date, the China Daily reported……. ( more details from Reuters)

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