Wealthiest woman in China named co-chair at development firm Country Garden

Yang Huiyan will serve in the position alongside her father

TRD New York /
Dec.December 07, 2018 11:30 AM

Yang Huiyan

The richest woman in China just got a promotion.

Yang Huiyan has been named co-chair at development firm Country Garden Holdings Co., where she will help her father and the company’s founding chairman Yeung Kwok Keung run the business and oversee investments, according to Bloomberg. The publication’s Billionaires Index has named her the richest woman in China thanks to her 57 percent stake in development firm Country Garden.

Yang started at the company as a procurement manager in 2005 and became a vice chairman in 2012. She became the country’s richest woman after Country Garden raised $1.65 billion in its Hong Kong initial public offering in April 2007.

She has recently been overseeing some new business for the developer. The company announced earlier this year it would invest $11.6 billion into robotics.

Many of China’s wealthiest real estate developers have taken a hit as government regulations curb the country’s property market, including Yang, who saw her net worth drop 17 percent to $17.1 billion. [Bloomberg]  – Eddie Small

Related Articles


Bizarre case of deed fraud complicated Anbang’s $5.8B hotel portfolio deal

General contractors are suffering under Trump’s new tariffs on Chinese goods

In London, WeWork already reaping rewards of planned Brexit: Global property

What China’s warning to students studying in the US means for real estate

How long can Hong Kong’s family real estate dynasties last?

Some in the industry say the situation with China has been up in the air for some time now (Credit: iStock)

U.S.-China trade war escalation leaves real estate in the dark

88 Pine Street wrapped in barbed wire (Credit: Google Maps)

Human rights watchdog has FiDi lease denied… by the Chinese government?

501 Third Avenue and China Overseas Land & Investment CEO Yan Jianguo (Credit: Google Maps and Getty Images)

China Overseas looking to build 31-story tower in Murray Hill