According to the Bloomberg Billionaires Index,
fortune has fallen to $11B from about $24B this year as China's housing crisis worsens.
She handles sales for Country Garden Holdings, China's largest real estate developer. Most of her shares were transmitted from her father,
Yang Huiyan- Yang Guoqiang
Yang Huiyan- shares
Country Garden shares have lost more than halved this year as country's real estate industry grapples with declining home prices, default crisis, and declining buyer requirements.
According to the Bloomberg Billionaires Index, Yang Huiyan remains Asia's richest woman besides losing more than half her wealth.
Bloomberg Billionaires Index
Yang Huiyan- fortune
The decline in her net fortune has shorted the wealth gap between her and other Chinese billionaires, leaving Yang with only about $100 million to be exceeded by Fan Hongwei.
Thousands of dissatisfied homebuyers have paid down on unfinished homes in current weeks, threatening to forfeit their mortgages if construction isn't finished on time.
Yang Huiyan- homebuyer
Yang Huiyan- developer
The developer declared it would trade its shares at a discount of up to 13% to Tuesday's close, raising $361 million on Wednesday.
On 20 July 1981,
was born in Shunde District, Foshan, China. She is 41 years old.
Age of Yang Huiyan
Yang Huiyan Net Worth
The 2022 net worth of
is $11.2 billion.