How a Chinese billionaire went from making $16 per month in a factory to being one of the world’s richest self-made women with an $8.3 billion real-estate empire
Wu Yajun once worked in a factory for $16 per month. Now, she’s worth $8.34 billion.
The Chinese billionaire, one the world’s wealthiest self-made women, spent six years working as a journalist before co-founding Longfor Properties in the early 1990s, a real estate development company that brought in $10.7 billion in revenue in 2017, according to Bloomberg.
Wu recently stepped down as Longfor chairperson and transferred her shares to her daughter, Forbes reported.
Here’s how Wu went from working as a factory technician to amassing an $8.34 billion real estate empire.
Chinese billionaire Wu Yajun is worth $8.38 billion, making her one of the richest self-made women in the world.
Wu is the co-founder of property development company Longfor Properties, now called Longfor Group Holdings. She served as the company’s CEO for six years and has been chairperson of the board since 2007.
Longfor, which is now based in Hong Kong but operates in 47 cities, brought in $10.7 billion in revenue in 2017.
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