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"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

author:Financial chart said
"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

Wen | said

Editor | financial chart said

At just 26 years old, she became a rich woman in China, and no one broke her record for four years.

Today, with assets of 215 billion yuan, she ranks 46th in the world's richest list, equivalent to the value of two Wang Jianlin.

So, who is this Chinese rich woman? Why did she achieve such high results?

She is the protagonist we want to talk about today - Yang Huiyan, the current co-chairman of Country Garden, the chairman of Bo Shile.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

This name is relatively unfamiliar to many people, but Country Garden is definitely heard of.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

Her father Yang Guoqiang, as the founder of Country Garden, after years of hard work, has developed Country Garden into one of the leaders in the domestic real estate industry, and Yang Huiyan, who holds an important position within the group, naturally has a strength that cannot be underestimated.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

Yang Guoqiang

In the first half of 2021 alone, Country Garden's revenue reached 234.93 billion yuan, up 27% compared with the same period in 2020. In the past six months alone, the cash withdrawal of Country Garden's property sales has reached about 272.79 billion yuan, which is also rare in the industry.

At the age of 26, Yang Huiyan ascended to the throne of China's richest woman, and even sat for four years. By 2020, 39-year-old Yang Huiyan's personal wealth has increased by 50 billion yuan again.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

On March 2, 2021, the latest Hurun Global Rich List was released, and Yang Huiyan's value was 215 billion yuan. Yang Huiyan's achievements are obvious to the public, but the hardships she has paid behind her back are little known.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

2021 Hurun Global Rich List

After all, it is difficult to start a business, and it is even more difficult to keep a job. It is not easy to lead the group to a more brilliant peak.

Some people attribute Yang Huiyan's success to having a good father and country garden's post-listing wealth expansion.

This cannot be denied, after all, we cannot choose the original family, which is an innate factor.

Yang Guoqiang is a real self-made starter, dropped out of school to work after graduating from junior high school, officially started his business in 1992, and then built Country Garden.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

Under his leadership, Country Garden successfully went public in 2007 and soared, with a market value of HK$118.9 billion at that time. With country garden's soaring stock price, Yang Guoqiang also became the richest man in China.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

In the same year that Country Garden was listed, Yang Guoqiang handed over 70% of his equity to his daughter Yang Huiyan, who was only 26 years old.

After getting the equity, Yang Huiyan, who knows that she is still young, has only entered the ranks of executive directors.

After several years of study and development, and also proved his ability to the board of directors, he became the chairman of the board of directors.

Yang Guoqiang has always believed that knowledge can change the future, and knowledge is the foundation of progress.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

This will send Yang Huiyan to study abroad, receive higher education at the same time, learn advanced market management concepts.

As for why she chose the second daughter Yang Huiyan, because Yang Guoqiang's eldest daughter had a high fever when she was a child, her health has been bad. The younger daughter is too young to take on heavy responsibilities.

Therefore, he will regard Yang Huiyan as his heir and carry out special cultivation from an early age.

At the age of 13, Yang Huiyan was taken by Yang Guoqiang to listen to company meetings. After graduating from high school, he went directly to Ohio State University in the United States to study and obtained a bachelor's degree in marketing and logistics.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

Ohio State University, USA

In 2005, Yang Huiyan, who graduated and returned to China, joined Country Garden as the manager of the purchasing department and began her promotion.

Because The Guangdong people have a very heavy concept of family, Country Garden at that time was a family company, and basically 80% of the senior management were Relatives and Friends of Yang Guoqiang.

After the development of the company, these senior executives all claim to be the elders of the company, one by one, the ability is not big, the problem is not small, they all want to lie on the merit book to sleep, which seriously affects the development of the company.

All this was seen by Yang Huiyan in her eyes and remembered in her heart.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

Later, Yang Guoqiang needed to go to the United States for surgery due to physical reasons, and Country Garden handed over to Yang Huiyan for temporary management. Yang Huiyan took advantage of her father's absence and great power to cut off all those nepotisms and solve the biggest trouble for Country Garden.

This incident also allowed Yang Guoqiang to see his daughter's decisive killing, which is a necessary trait for managing an enterprise.

In this way, after recognizing his daughter's strength, Yang Guoqiang successively transferred all the shares he held in his hands to Yang Huiyan in 2001.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

It is precisely because of Yang Guoqiang's move that Yang Huiyan, who was only 26 years old at the time, became the youngest female richest woman in China.

In order to convince shareholders and the company's management, but also to improve their ability, after taking over her father's shares, Yang Huiyan did not roar to become the chairman of the board. Instead, he continued his job as a purchasing manager, spending nearly 7 years learning about all aspects of the company, and only after feeling that the time was right, he entered the board of directors.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

Yang Huiyan knows that any family business, because of the intricate internal relationship, even if it can develop rapidly in the early stage, but in the end it cannot be determined that there will be too much achievement.

To this end, she specially introduced the advanced management methods of overseas enterprises, carried out a comprehensive reform of the company, and successfully transformed Country Garden into a modern enterprise.

By 2018, major real estate enterprise stores began to seek transformation, and Vanke and Wanda successively embarked on the road of diversification.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

Wang Jianlin

Although Yang Huiyan also wants to seek transformation, she believes that diversification in the easily saturated consumer market is not a sustainable development strategy.

If you want to survive in promoting development, you also need to focus on new business and strategic investment.

In 2016, Yang Huiyan began to lay out Country Garden Phoenix Preferred, and in just two years, she opened more than 200 stores across the country.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

In addition to developing new retail, in 2018, Country Garden Property transformed into a "Country Garden Service" and successfully listed in Hong Kong, directly occupying the first place in the property sector. Country Garden Education Group also changed its name to Bo Shi Le to go public in the United States.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

In order to upgrade Country Garden, Yang Huiyan also focused on the field of science and technology, recruiting engineers and Internet talents with high salaries to enter the robot industry.

After proving her strength with practical actions, Yang Huiyan became the main person in charge of the enterprise. She didn't start the road to acquisition and expansion. Instead, it has chosen to combine modern agriculture with technology, and under her leadership, the company has built robot restaurants in a number of developed, urban areas.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

In 2019, the company also completed the unmanned work experiment of 10,000 mu in the Heilongjiang region.

In the same year, Country Garden's sales exceeded 771.5 billion yuan, and Yang Huiyan, as the person in charge, naturally contributed.

Regardless of the importance of scientific and technological development, Yang Huiyan also attaches great importance to education, after all, children are the future of national development.

Together with her father, Yang Guoqiang, she spent 260 million yuan to create a school to fund poor students.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

In February 2021, she managed an education business with a market capitalisation of over HK$6 billion.

The market value of Country Garden's services, with her efforts, also reached HK$201.2 billion. These two enterprises, which are fully responsible for Yang Huiyan, are now the leaders in the industry, and this dazzling achievement can naturally prove to the outside world that Yang Huiyan's own strength.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

When Yang Huiyan took over as a director, many people became curious about Yang Guoqiang, the second daughter. Because Yang Huiyan is usually low-key, there is less information about her photos.

As the heir of the enterprise, Yang Huiyan can be regarded as obscure.

Netizens took a deep look at her with curiosity, and only then did they find out that she had been married.

Yang Huiyan's marriage was also unexpected by many people, and her husband Chen Chong was once an employee of Country Garden. However, it is not the story of the domineering female president falling in love with the male staff, although Chen Chong looks handsome, his own ability and conditions are also extremely eye-catching.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

Chen Chong

As a super scholar, Chen Chong was escorted to Tsinghua university and later studied abroad, and his father was a deputy department-level cadre in the northeast.

However, although Chen Chong has a good family background, he does not want to stay in his hometown and live by his father's light. Only then did he go south and join Country Garden.

In Country Garden, he met Yang Huiyan and gradually fell in love with Yang Huiyan, and Yang Huiyan also admired Chen Chong's ability.

For such a son-in-law, Yang Guoqiang was very satisfied, so the two young people who were in love with each other soon got married.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

However, their wedding was also very low-key, and the whole process was not made public.

Neither couple is the kind of person who likes to let the public know about their lives. Therefore, Chen Chong's personal ability has also been underestimated by the outside world.

Although Chen Chong is also a director of Country Garden, because his wife and father-in-law are both managing the company, he does not participate in the company's decision-making, but serves as the chairman of the Guoqiang Charity Foundation.

Because Yang Guoqiang and Yang Huiyan are very enthusiastic about charity, a charitable foundation has been established many years ago.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

Due to the busy work, the foundation is currently managed by Chen Chong. Yang Guoqiang and Yang Huiyan are only responsible for the appropriation, and the specific work is led by Chen Chong.

At present, the charity fund has donated more than 9 billion yuan, and these donations have been invested in many fields such as education and disaster relief. Among them, there is also a donation of 2.2 billion yuan to Tsinghua University, which is the largest number of individual donations received by Tsinghua University in the past years.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

In addition, the Guohua Memorial Middle School founded by IFC in Shunde is now operating smoothly. The school only recruits poor students with excellent character and learning, and after entering the school, they do not have to bear any fees, tuition and living expenses are provided by the National Fund, and even the students' travel expenses home are responsible for the foundation.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

Guohua Memorial Secondary School

If the academic performance is good, the foundation will also award scholarships and continue to help after entering the university.

In the past two years, whether it is the epidemic in Wuhan or the flood in Henan, the Guoqiang Fund has been at the forefront of disaster relief, which is worthy of our admiration.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

Guoqiang Fund assists Wuhan in anti-epidemic materials

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

Guoqiang Fund assisted Henan flood materials

In addition to managing the foundation, Chen Chong also has other careers.

He has worked with Yang Huiyan's sister Yang Ziying to set up a special investment company and has successfully invested in two listed companies.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

Yang Ziying

The father has money, the husband has talent, and he is also a fierce character.

"Country Garden" Yang Huiyan: China's lowest-key and richest woman, who inherited her father's business at the age of 26

In this way, Yang Huiyan is the real winner in life. I believe that when her father Yang Guoqiang retires, Yang Huiyan will really be alone, and she will definitely make more eye-catching achievements.