Forbes: 26-year-old Woman is China’s Richest Person – Joe McDonald

Yang Huiyan, a 26-year-old woman worth $16.2 billion, is China’s richest person, according to the new Forbes list. From USA Today:

The China list’s rankings change sharply from year to year, reflecting the rapid evolution of the booming economy, which expanded by 11.9% in the most recent quarter.

This year, there were 20 new names among the list’s top 40 richest people, Forbes said.

Yang was one of 12 real estate developers among the top 40, Forbes said.

All 40 were billionaires, up from only 15 last year, the magazine said. The combined net worth of the top 40 also rose sharply, from US$38 billion in 2006 to $120 billion this year. [Full text]

CDT EBOOKS

Subscribe to CDT

SUPPORT CDT

Browsers Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.