Wu Yajun’s profile picture

Wu Yajun

Cofounder-chair, Longfor Properties
Wu Yajun’s profile picture
Net worth 2018: $8.15 Billion
Industry: Real Estate
Residence: Beijing, China
Country: China
BirthDay: 1964
Education: Northwestern Polytechnical University
BIOGRAPHY

Wu Yajun was bornon 1964 in Beijing, China, China, is Cofounder-chair, Longfor Properties. Wu Yajun is #199 in List Billionaires People In The World. Wu Yajun chairs Hong Kong-listed real estate developer Longfor. Wu cofounded Longfor with her husband Cai Kui; they divorced in 2012. Wu worked as a journalist before entering the real estate business.

NET WORTH STATISTIC
2010

$3.9 Billion

2011

$5.5 Billion

2012

$5.7 Billion

2013

$4.3 Billion

2014

$3.7 Billion

2015

$3.4 Billion

2016

$3.2 Billion

2017

$4.5 Billion

2018

$8.15 Billion

TIMELINE
Wu Yajun (Chinese: 吴亚军; born 1964) is a Chinese businesswoman, co-founder, former CEO and current chairwoman of Longfor Properties. She is the third richest woman in China, and the 22nd richest overall, according to the Hurun Report China Rich List 2013. In 2012, She held the title of richest woman in China, as well as fifth richest person in China. She lost that position to Yang Huiyan due to her divorce from Cai Kui, positioning herself as second richest woman in China. As of March 2013 she was the 299th richest person in the world, and among the top 50 Power-women list by Forbes, with a net worth of US$4.4 billion. She is a member of the National People's Congress. In 2014, she was listed as the 41st most powerful woman in the world by Forbes.Wu was born in Chongqing in 1964 to an ordinary family. She graduated from the Department of Navigation Engineering of the Northwestern Polytechnical University (西北工业大学) in 1984.From 1984 to 1988 she worked at the Qianwei Meter Factory. From 1988 to 1993 she worked as a journalist and editor at the China Shirong News Agency. At the time the newspaper was controlled by the Construction Bureau of Chongqing Municipal Government, which proved essential for her in building up her network in the government and business world to then launch her career in the real estate industry.In 1995 Wu and her former husband, businessman Cai Kui, founded Chongqing Zhongjianke Real Estate Co Ltd with an initial capital investment of 10 million yuan. The company was later renamed as Longfor Properties. The enterprise grew rapidly thereafter, expanding from her home in Chongqing to include major cities like Chengdu, Beijing, Shanghai, Changzhou and Dalian. She became alumni member of the Cheung Kong Graduate School of Business in 2007. Longfor Properties went public on the Hong Kong Stock Exchange (SEHK) in 2009; notable investors are Singapore's government, Ping An Insurance and Temasek Holdings.Wu's wealth is managed by a firm named Wu Capital, which was founded in 2013. Since inception, Wu Capital has made investments in technology companies including Uber and Evernote.In 2012, Wu divorced her husband Cai Kui, thereby losing her status as richest woman in China to Yang Huiyan. Wu's stake in Longfor fell to 45%, with Cai Kui holding a 30% stake.
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