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{{Short description|Chinese-born billionaire businesswoman (born 1981)}}
{{Infobox_Celebrity
{{family name hatnote|]|lang=Chinese}}
| name = YANG Huiyan <br> 杨惠妍 <br> 楊惠妍
{{Infobox person
| caption =
| name = Yang Huiyan
| birth_date = 1981
| native_name = 杨惠妍
| birth_place = {{flagicon|PRC}} ], ], ]
| native_name_lang = zh
| occupation = Major shareholder <br /> ]
| birth_name = Yang Huiyan
| alma_mater = ]
| caption =
| salary = N/A
| birth_date = {{Birth year and age|1981}}
| networth = {{increase}}US$16.02 billion (2007) <ref></ref>}}
| birth_place = ], ], China
| citizenship = {{ubl|China {{small|(till 2018)}}|Cyprus {{small|(2018–present)<ref name="scmp">{{Cite web|url=https://www.scmp.com/economy/china-economy/article/3098742/secret-migration-chinas-rich-led-asias-richest-woman-revealed|title=Asia's richest woman named in leaked Cyprus migration documents|date=August 25, 2020|website=South China Morning Post}}</ref>}}}}
| occupation = Chairman and majority shareholder (55%), ]
| alma_mater = ]
| parents = ] (father)
| spouse = {{marriage|Chen Chong|2006}}
| known_for = Richest Woman in ] 2007-2020
}}


'''Yang Huiyan''' ({{zh|s=杨惠妍|t=楊惠妍|p=Yáng Huìyán}}; born 1981) is a Chinese-born<!--Please discuss before adding "Cypriot".--> billionaire businesswoman and property developer.<ref name="scmp"/> She is the chairman and the majority shareholder of ],<ref>{{cite news|title=China's Richest Woman Just Made $2 Billion in 4 Days|url=http://fortune.com/2018/01/08/china-richest-woman-yang-huiyan-wealth/|work=Fortune}}</ref><ref name="forbes1">{{cite web|url=https://www.forbes.com/sites/russellflannery/2015/10/25/chinas-100-richest-2015-wang-jianlin-regains-top-spot/ |title=China's 100 Richest 2015: Wang Jianlin Regains Top Spot |website=Forbes.com |access-date=2017-03-21}}</ref> a stake largely transferred to her by her father ] in 2007. Previously the richest woman in Asia, her net worth was still around $5.5 billion {{As of|2023|August|lc=y}}, according to the '']''. In August 2024 she was no longer included in the index.<ref>{{Cite news |date=2024-08-22 |title=Bloomberg Billionaires Index |url=https://www.bloomberg.com/billionaires/ |access-date=2024-08-22 |work=Bloomberg.com |language=en}}</ref>


== Personal life ==
'''Yang Huiyan''' (]: 杨惠妍, ]: 楊惠妍, ]: Yáng Huìyán; born ]) is the majority shareholder of ] and is currently considered the wealthiest person in ], with an estimated net worth of $7.4 billion ] as of March 2008.<ref name=forbes2008>Forbes. . 2008-03-05. Accessed 2008-03-05.</ref><ref> Yahoo! Finance</ref> She is the daughter of ], who started his company Biguiyuan in 1997 and transferred 70% of Country Garden's shares to her before its ] in 2007.<ref>, '']'', April 29, 2007.</ref> The wealthiest mainland Chinese in the previous year, 2006, was ]. Country Garden's initial offering raised about $1.6 billion, or as much as Google raised in 2004 in the United States. Yang's net worth was estimated at $16.2 billion ] in October 2007.<ref>, '']'', October 7, 2007. </ref>
Yang is a 2003 graduate of Bachelor of Arts/Science, ] where she was a member of ] (NSCS).<ref name="forbes2008">{{cite web |date=2008-02-11 |title=#125 Yang Huiyan |url=https://www.forbes.com/lists/2008/10/billionaires08_Yang-Huiyan_ECLZ.html |url-status=dead |archive-url=https://web.archive.org/web/20080309162321/http://www.forbes.com/lists/2008/10/billionaires08_Yang-Huiyan_ECLZ.html |archive-date=March 9, 2008 |access-date=2017-03-21 |website=Forbes.com}}</ref><ref name="forbes">{{Cite news |title=Yang Huiyan |work=Forbes |url=https://www.forbes.com/profile/yang-huiyan/ |access-date=September 29, 2020}}</ref>


According to leaked documents known as "]",<ref>{{cite news |author=Al Jazeera Investigative Unit |date=24 August 2020 |title=Exclusive: Cyprus sold passports to 'politically exposed persons' |newspaper=Al Jazeera |url=https://www.aljazeera.com/news/2020/08/exclusive-cyprus-sold-passports-politically-exposed-persons-200823204320183.html |access-date=26 August 2020}}</ref> Yang obtained ] in 2018, though China does not recognize ].<ref name="SCMP">{{cite news |author=Zhou Xin |date=25 August 2020 |title=Cyprus Papers: secret migration of China's rich, led by Asia's richest woman, revealed in leaked documents |newspaper=South China Morning Post |url=https://www.scmp.com/economy/china-economy/article/3098742/secret-migration-chinas-rich-led-asias-richest-woman-revealed |access-date=26 August 2020}}</ref> As of October 2020, Yang's passport status remains uncertain, following the Cyprus government's suspension of the passport scheme.<ref>{{cite magazine |last=Dawkins |first=David |date=15 October 2020 |title=Billionaires Worth Over $35 Billion Could Be Locked Out Of Europe As Cyprus Finally Suspends 'Golden Passport' Schemes |url=https://www.forbes.com/sites/daviddawkins/2020/10/15/billionaires-worth-over-35-billion-could-be-locked-out-of-europe-as-cyprus-finally-suspends-golden-passport-schemes/ |magazine=Forbes |access-date=8 February 2022}}</ref> In June 2022, she was recognized by the International Hospitality Institute on the Global 100 in Hospitality, a list featuring the 100 Most Powerful People in Global Hospitality.<ref>{{Cite web |last=Mix |first=Pulse |date=2022-08-01 |title=Dr Jeffrey Obomeghie and Dupe Olusola among the 100 most powerful people in global hospitality |url=https://www.pulse.ng/business/dr-jeffrey-obomeghie-and-dupe-olusola-among-the-100-most-powerful-people-in-global/3f8n19m |access-date=2022-08-03 |website=Pulse Nigeria |language=en}}</ref>
Yang is a 2003 graduate of ].<ref name=forbes2008/>


== Business career ==
==Notes==
Her father ] started the real estate company ] in 1997 and transferred 70% of Country Garden's shares to her before its ] in 2007.<ref>, '']'', April 29, 2007.</ref> Country Garden's initial offering raised about $1.6 billion, or as much as ] raised in 2004 in the United States.<ref>{{cite web|url=http://www.chinadaily.com.cn/china/2007-04/23/content_857041.htm |title=China adds billionaires with IPO |website=Chinadaily.com.cn |access-date=2017-03-21}}</ref> As of August 2021, Yang had a net worth of US$27.3 billion.<ref>{{Cite web |date=2023-03-01 |title=Country Garden founder Yeung resigns, succeeded by daughter Yang Huiyan |url=https://www.scmp.com/business/china-business/article/3211911/country-garden-founder-yeung-kwok-keung-resigns-chairman-and-executive-director-succeeded-daughter |access-date=2023-08-11 |website=South China Morning Post |language=en}}</ref><ref name=forbes /> Yang is vice chairman of the board's governance committee and helped raise $410 million selling new shares in 2014, according to '']''.<ref name="cnn">{{cite web |date=January 16, 2015 |title=richest woman in the world |url=http://edition.cnn.com/2015/01/15/business/richest-women-in-each-region-of-the-world/index.html |access-date=January 17, 2015 |publisher=CNN}}</ref>
<references/>


In February 2023, due to age reasons, Yang Guoqiang resigned from the position of chairman of the board of Country Garden. The position of chairman was succeeded by Yang Huiyan.<ref>{{Cite web |date=2023-03-01 |title=Country Garden founder Yeung resigns, succeeded by daughter Yang Huiyan |url=https://www.scmp.com/business/china-business/article/3211911/country-garden-founder-yeung-kwok-keung-resigns-chairman-and-executive-director-succeeded-daughter |access-date=2023-09-02 |website=South China Morning Post |language=en}}</ref>
{{Asia-business-bio-stub}}
{{China-bio-stub}}
{{DEFAULTSORT:Yang, Huiyan}}


Yang was previously the richest woman in Asia.<ref name="cnn" /><ref>{{Cite web|title=China Rich List|url=https://www.forbes.com/china-billionaires/list/|access-date=2020-11-23|website=Forbes|language=en}}</ref> However, due to the ], she lost a total of $28.6 billion since 2021, leaving her net worth at $5.5 billion {{As of|2023|August|lc=y}}, according to the '']''.<ref>{{Cite news |date=2023-08-09 |title=Once Asia's Richest Woman, China Property Tycoon Loses More Wealth Than Any Billionaire |language=en |work=] |url=https://www.bloomberg.com/news/articles/2023-08-09/country-garden-chair-has-lost-more-wealth-than-any-billionaire |access-date=2023-08-25}}</ref>
]
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== Social activity ==
]
In 2023, Yang Huiyan donated approximately 55% of her personal stake in the property management firm, valued at around US$826 million, to a charity founded by her younger sister.<ref>{{Cite web |title=One of China's richest women Yang Huiyan has just given away around $826 million to charity |url=https://fortune.com/2023/08/01/asia-former-richest-woman-property-mogul-yang-huiyan-given-country-garden-charity-payout-826-million/ |access-date=2023-09-02 |website=Fortune |language=en}}</ref> This philanthropic move comes as the company grapples with China's real estate crisis, and Yang's fortune has declined by 80% in the past two years.<ref>{{Cite web |title=Yang Huiyan & family |url=https://www.forbes.com/profile/yang-huiyan/ |access-date=2023-09-02 |website=Forbes |language=en}}</ref> Despite the donation, she will retain control of over 36% of the shares through voting rights. The Guoqiang Foundation Hong Kong, the recipient of the donation, has committed not to sell the shares for the next decade, with the proceeds intended to support various charitable causes in Hong Kong, the Greater Bay Area, and mainland China.<ref>{{Cite web |date=2023-08-01 |title=Asia's former richest woman—now property mogul—Yang Huiyan has given 55% of her company to charity, a payout worth $826 million |url=https://finance.yahoo.com/news/asia-former-richest-woman-now-113836687.html |access-date=2023-09-02 |website=Yahoo Finance |language=en-US}}</ref>
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==References==
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{{Reflist}}

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Latest revision as of 09:35, 17 December 2024

Chinese-born billionaire businesswoman (born 1981) In this Chinese name, the family name is Yang.
Yang Huiyan
杨惠妍
BornYang Huiyan
1981 (age 43–44)
Shunde, Guangdong, China
Citizenship
  • China (till 2018)
  • Cyprus (2018–present)
Alma materOhio State University
Occupation(s)Chairman and majority shareholder (55%), Country Garden Holdings
Known forRichest Woman in Asia 2007-2020
Spouse Chen Chong ​(m. 2006)
ParentYang Guoqiang (father)

Yang Huiyan (simplified Chinese: 杨惠妍; traditional Chinese: 楊惠妍; pinyin: Yáng Huìyán; born 1981) is a Chinese-born billionaire businesswoman and property developer. She is the chairman and the majority shareholder of Country Garden Holdings, a stake largely transferred to her by her father Yang Guoqiang in 2007. Previously the richest woman in Asia, her net worth was still around $5.5 billion as of August 2023, according to the Bloomberg Billionaires Index. In August 2024 she was no longer included in the index.

Personal life

Yang is a 2003 graduate of Bachelor of Arts/Science, Ohio State University where she was a member of The National Society of Collegiate Scholars (NSCS).

According to leaked documents known as "The Cyprus Papers", Yang obtained Cypriot citizenship in 2018, though China does not recognize dual nationality. As of October 2020, Yang's passport status remains uncertain, following the Cyprus government's suspension of the passport scheme. In June 2022, she was recognized by the International Hospitality Institute on the Global 100 in Hospitality, a list featuring the 100 Most Powerful People in Global Hospitality.

Business career

Her father Yang Guoqiang started the real estate company Country Garden in 1997 and transferred 70% of Country Garden's shares to her before its IPO in 2007. Country Garden's initial offering raised about $1.6 billion, or as much as Google raised in 2004 in the United States. As of August 2021, Yang had a net worth of US$27.3 billion. Yang is vice chairman of the board's governance committee and helped raise $410 million selling new shares in 2014, according to Forbes.

In February 2023, due to age reasons, Yang Guoqiang resigned from the position of chairman of the board of Country Garden. The position of chairman was succeeded by Yang Huiyan.

Yang was previously the richest woman in Asia. However, due to the 2020–2023 Chinese property sector crisis, she lost a total of $28.6 billion since 2021, leaving her net worth at $5.5 billion as of August 2023, according to the Bloomberg Billionaires Index.

Social activity

In 2023, Yang Huiyan donated approximately 55% of her personal stake in the property management firm, valued at around US$826 million, to a charity founded by her younger sister. This philanthropic move comes as the company grapples with China's real estate crisis, and Yang's fortune has declined by 80% in the past two years. Despite the donation, she will retain control of over 36% of the shares through voting rights. The Guoqiang Foundation Hong Kong, the recipient of the donation, has committed not to sell the shares for the next decade, with the proceeds intended to support various charitable causes in Hong Kong, the Greater Bay Area, and mainland China.

References

  1. ^ "Asia's richest woman named in leaked Cyprus migration documents". South China Morning Post. August 25, 2020.
  2. "China's Richest Woman Just Made $2 Billion in 4 Days". Fortune.
  3. "China's 100 Richest 2015: Wang Jianlin Regains Top Spot". Forbes.com. Retrieved 2017-03-21.
  4. "Bloomberg Billionaires Index". Bloomberg.com. 2024-08-22. Retrieved 2024-08-22.
  5. "#125 Yang Huiyan". Forbes.com. 2008-02-11. Archived from the original on March 9, 2008. Retrieved 2017-03-21.
  6. ^ "Yang Huiyan". Forbes. Retrieved September 29, 2020.
  7. Al Jazeera Investigative Unit (24 August 2020). "Exclusive: Cyprus sold passports to 'politically exposed persons'". Al Jazeera. Retrieved 26 August 2020.
  8. Zhou Xin (25 August 2020). "Cyprus Papers: secret migration of China's rich, led by Asia's richest woman, revealed in leaked documents". South China Morning Post. Retrieved 26 August 2020.
  9. Dawkins, David (15 October 2020). "Billionaires Worth Over $35 Billion Could Be Locked Out Of Europe As Cyprus Finally Suspends 'Golden Passport' Schemes". Forbes. Retrieved 8 February 2022.
  10. Mix, Pulse (2022-08-01). "Dr Jeffrey Obomeghie and Dupe Olusola among the 100 most powerful people in global hospitality". Pulse Nigeria. Retrieved 2022-08-03.
  11. Sorry bachelors - richest Chinese woman married, China Daily, April 29, 2007.
  12. "China adds billionaires with IPO". Chinadaily.com.cn. Retrieved 2017-03-21.
  13. "Country Garden founder Yeung resigns, succeeded by daughter Yang Huiyan". South China Morning Post. 2023-03-01. Retrieved 2023-08-11.
  14. ^ "richest woman in the world". CNN. January 16, 2015. Retrieved January 17, 2015.
  15. "Country Garden founder Yeung resigns, succeeded by daughter Yang Huiyan". South China Morning Post. 2023-03-01. Retrieved 2023-09-02.
  16. "China Rich List". Forbes. Retrieved 2020-11-23.
  17. "Once Asia's Richest Woman, China Property Tycoon Loses More Wealth Than Any Billionaire". Bloomberg News. 2023-08-09. Retrieved 2023-08-25.
  18. "One of China's richest women Yang Huiyan has just given away around $826 million to charity". Fortune. Retrieved 2023-09-02.
  19. "Yang Huiyan & family". Forbes. Retrieved 2023-09-02.
  20. "Asia's former richest woman—now property mogul—Yang Huiyan has given 55% of her company to charity, a payout worth $826 million". Yahoo Finance. 2023-08-01. Retrieved 2023-09-02.
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