China’s Wealthiest Individual is a Woman – Zhang Yin

China’s wealthist person is Zhang Yin – 49 year old founder of the Nine Dragons Paper Co.

She created her company by recycling paper from the U.S. and turning it into packing material.

It gives real meaning to "One man’s trash is another’s treasure."

Zhang Yin is worth $3.4 billion – 50% more than the richest fellow, Shi Zhengrong, CEO of Suntech at $2.2 billion.

Seven of the top 10 richest individuals in China deal in some way with property development and are listed on the Hong Kong stock exchange.

The next richest woman in China is Chen Ningning, a metal trader partnering with her mother – worth $813 million, according to Hoogewert’s list.

But for now…a woman sits on top.

I wonder what the men’s club has to say about that.

What do you think?

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