Yang Huiyan

Yang Huiyan (simplified Chinese: 杨惠妍; traditional Chinese: 楊惠妍; pinyin: Yáng Huìyán; born 1981) is a Cypriot-Chinese billionaire businesswoman and property developer who is the majority shareholder of Country Garden Holdings,[3][4] a stake largely transferred to her by her father Yang Guoqiang in 2007.[2] She is the richest woman in Asia.[5][6]

Yang Huiyan
杨惠妍
Born
Yang Huiyan

1981 (age 3940)
CitizenshipCyprus[1]
Alma materOhio State University
OccupationMajority shareholder (55%), Country Garden Holdings
Net worthUS$27.8 billion (September 2020)[2]
Spouse(s)
Chen Chong
(m. 2006)
Parent(s)Yang Guoqiang (father)

Her father Yang Guoqiang started the real estate company Country Garden in 1997 and transferred 70% of Country Garden's shares to her before its IPO in 2007.[7] Country Garden's initial offering raised about $1.6 billion, or as much as Google raised in 2004 in the United States.[8] As of June 2019, Yang had a net worth of US$21.2 billion.[2] Yang is vice chairman of the board's governance committee and helped raise $410 million selling new shares in 2014, according to Forbes.[5]

Yang is a 2003 graduate of Bachelor of Arts/Science, Ohio State University.[9][2]

According to leaked documents dubbed as "The Cyprus Papers",[10] Yang obtained Cypriot citizenship in 2018. This might lead her to automatically lose her Chinese citizenship as China does not recognize dual nationality.[11]

References

  1. "Asia's richest woman named in leaked Cyprus migration documents". South China Morning Post. August 25, 2020.
  2. "Yang Huiyan". Forbes. Retrieved September 29, 2020.
  3. "China's Richest Woman Just Made $2 Billion in 4 Days". Fortune.
  4. "China's 100 Richest 2015: Wang Jianlin Regains Top Spot". Forbes.com. Retrieved 2017-03-21.
  5. "richest woman in the world". CNN. January 16, 2015. Retrieved January 17, 2015.
  6. "China Rich List". Forbes. Retrieved 2020-11-23.
  7. Sorry bachelors - richest Chinese woman married, China Daily, April 29, 2007.
  8. "China adds billionaires with IPO". Chinadaily.com.cn. Retrieved 2017-03-21.
  9. "#125 Yang Huiyan". Forbes.com. 2008-02-11. Retrieved 2017-03-21.
  10. Al Jazeera Investigative Unit (24 August 2020). "Exclusive: Cyprus sold passports to 'politically exposed persons'". Al Jazeera. Retrieved 26 August 2020.
  11. Zhou Xin (25 August 2020). "Cyprus Papers: secret migration of China's rich, led by Asia's richest woman, revealed in leaked documents". South China Morning Post. Retrieved 26 August 2020.
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