Young Rag-to-Large List : Yang Huiyan


China’s richest woman Yang Huiyan is vice chairman of real estate developer Country Garden. She was given her father’s stake in Country Garden before the company’s initial public offering in 2007, the same year that she topped Forbes’ list of China’s richest with a net worth of $16 billion.

Yang Huiyan ( born 1981) is the majority shareholder of Country Garden Holdings and the fifth wealthiest person in Mainland China.She ranks as 154th wealthiest person in the world with an estimated net worth of $8.2 billion USD, according to the Hurun Report Global Rich List, published in February 2014.

She is the daughter of Yang Guoqiang, who started his company Biguiyuan in 1997 and transferred 70% of Country Garden’s shares to her before its IPO in 2007.The wealthiest mainland Chinese in the previous year, 2006, was Huang Guangyu.Country Garden’s initial offering raised about $1.6 billion, or as much as Google raised in 2004 in the United States. Yang’s net worth was estimated at $16.2 billion USD in October 2007.

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