Uncategorized
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

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.

SEE ALSO: After her divorce from billionaire Jeff Bezos, MacKenzie Bezos could become the world’s richest woman

DON’T MISS: These are the 50 richest people in the world right now

Chinese billionaire Wu Yajun is worth $8.38 billion, making her one of the richest self-made women in the world.

Source: Bloomberg

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.

Source: Bloomberg

Longfor, which is now based in Hong Kong but operates in 47 cities, brought in $10.7 billion in revenue in 2017.

Source: Bloomberg, Longfor

See the rest of the story at Business Insider

This content was originally published here.

Leave a Reply

Your email address will not be published. Required fields are marked *

SPIN TO WIN!

  • Try your lucky to get discount coupon
  • 1 spin per email
  • No cheating
Try Your Lucky
Never
Remind later
No thanks