Remember that name. She is 25 years old, and she is the richest person in China.
Her father, Yang Guoqiang, is the founder of Country Garden, a real estate development company that went public yesterday in Hong Kong, raising $1.6 billion. Guoqiang gave all of his shares in the company to Huiyan, who is slated to take over leadership of the company in the future.
According to the NYT, Country Garden "is a virtual assembly line of home building for China's raidly growing middle class. Mr. Yang's genius is that he has a created a Wal-Mart approach to housing development for the middle class."
Talk about a growth company!
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