China's Former Richest Woman Reaps Windfall from Crumbling Property Empire
By
Zhang Wei-Ling
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
China’s former richest woman, Yang Huiyan, is still reaping a windfall from her crumbling property empire. The chair of Country Garden Holdings Co., Yang Huiyan, is poised to receive about 160.2 million yuan ($22 million) in dividends from her direct stake in Country Garden Services Holdings Co. Additionally, a family foundation she transferred more than half of her stake to in July is expected to receive 198.7 million yuan in dividends. This news comes amidst the challenges faced by her property empire, highlighting the ongoing financial activities of influential figures in the business world.