Top 24 most powerful businesswomen in China 2011
- By Lin Liyao
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E-mail China.org.cn, December 9, 2011
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Wu Yajun (吴亚军)
Company: Longfor Properties (龙湖地产公司)
Headquarters: Beijing
Main focus: Real estate
Title: Chairwoman
Age: 47
With a net worth of US$5.9 billion this year, Wu Yajun maintains her position as China's richest woman. After graduating from Northwestern Polytechnic University in 1984, Wu worked as a mechanical engineer and media reporter and editor until 1993, at which time she went into property development.
In 1995, Wu founded Longfor Properties in her hometown of Chongqing. Since then, she has helped Longfor to grow from a small company into a famous business empire in China. In 2009, the company went public in Hong Kong; while in 2010, its sales revenues surged 81 percent from the previous year to reach US$4.9 billion.
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