Yang Huiyan: Property Developer and China’s Richest Woman
Yang Huiyan is an entrepreneur and property developer who resides in China and is presently the country’s wealthiest woman. Belonging to the seventh generation of the real estate developer sector, Huiyan is the Vice Chairman and majority shareholder of the country’s esteemed property developer, Country Garden Holdings. She has been featured in various international business magazines, such as Forbes, and has been recognized as the wealthiest woman in China.
Early Life and Career of Yang Huiyan
Yang Huiyan was born in 1981 in Shunde, China, to an entrepreneurial family of property developers. Her father, Yeung Kwok Keung, is the founder of Country Garden Holdings and held a majority stake in the organization. At the tender age of 25, Kwok Keung transferred 70% of the organization’s ownership to Huiyan, a move that highlighted his favoritism for the seventh generation of their business.
Engaging in a Business Education
Huiyan’s wealth didn’t stop her from pursuing a formal business education. She is an alumnus of the Ohio State University and was awarded an undergraduate degree in business administration in 2003.
Country Garden Holdings
Country Garden Holdings is one of the most successful real estate developments in the world. Huiyan owns the majority stake in the organization, but her husband, Chen Chong, is also part of the stakeholders. Other than just holding a majority stake in Country Garden, Huiyan has also been serving as a Vice Chairman to the company since 2007.
Rise to Stardom
As Huiyan’s wealth surged, so did her celebrity status. In 2006, she was featured in Hurun’s Rich List and was recognized as the wealthiest Chinese woman, a feat that she replicated in 2007. The following year saw her rank as the 23rd on the Hurun’s Global Rich List and by 2019 it had shot up to the seventh spot.
Achievements
Yang Huiyan has had numerous clear successes throughout her career. Not only is she the wealthiest Chinese businesswoman, she has also increased her wealth by 10% over the course of the last four years. Furthermore, the Royal Real Estate Company which is controlled by Huiyan, is expected to set up a countrywide chain of properties in China by 2020.
Global Real Estate Network
Country Garden Holdings is known for pioneering the global real estate network. Guided by their leadership, Country Garden has become the second largest property developer in the world. The organization owns properties in over 12 other countries as well as 28 provinces in China.
Impact on Chinese Economy
As Huiyan holds the majority stake in Country Garden, her professional involvement in the real estate sector has sparked an impressive surge in the sector’s growth, thereby positively impacting the overall Chinese economy. The sector has been able to draw investors and generate higher profit margins, which have played an instrumental role in the country’s increased economic growth and stability.
Philanthropic Activities
Yang Huiyan is heavily involved in philanthropic activities. Along with her husband, Huiyan has made substantial donations to various charities and causes. The duo has established charity funds and also donated sizable amounts to support educational programs, healthcare initiatives and environmental sustainability causes.
Yang Huiyan is certainly a huge inspiration to entrepreneurs and women, who are looking to capitalize on the real estate development sector. Her success has provided tremendous insight into the sector and has also encouraged many aspiring individuals to venture into the business. It’s safe to say that Huiyan’s leadership and intelligence have enabled her to amass a sizable fortune. This has not only enabled her to rise as China’s wealthiest female but has also had a positive influence on the Chinese economy as a whole.
