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Home » China Business, Doing Business in China, chinese

China’s Richest Woman Shares Secret to Wealth

Submitted by Bill Belew on Tuesday, 7 November 2006No Comment

China’s richest woman is worth, Zhang Yin, no relation to the other Zhang and old enough to her mother at 49, was ranked number 5 on a list of China’s richest.

Her fortune is estimated to be worth $1.5 billion.

Real estate is one way to make a fortune, to reach heights before tumbling.

Number 16 on the list, a Shanghai real-estate millionaire was arrested for corruption and misuse of city pension funds.forbes.jpg

Another real-estate dude who was once ranked #11 went to jail for fraud and stock manipulation.

China’s richest, an appliance merchant, is under investigation for illegal loans.

Zhang says she has learned the importance of credit reputation when doing business in the U.S.

But her real secret…honest, hard work and nothing to hide.

You mean people can still get rich by working hard?

What do you think?

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