China's Richest Person Is 26 Year-Old Woman

China's Richest Person Is 26 Year-Old Woman

A 26-year-old Ohio State University graduate worth $16.2 billion is mainland China's richest person, the business magazine Forbes said Monday, topping a list of tycoons whose wealth has soared amid a boom in stock and property prices.

The fortune of Yang Huiyan -- also Asia's richest woman -- is based on shares in Country Garden Holdings, a real estate developer founded by her father, Forbes said. It said the company's Hong Kong stock market debut this year made billionaires of Yang and four other people.

In second place was another developer, Hui Wing Mau, with a net worth of $7.3 billion. No. 3 was Guo Guangchang, chairman of a manufacturing, retailing and real estate conglomerate, with a fortune of $4.85 billion

Popular in the Community

Close

What's Hot