Asia’s wealthiest woman Yang Huiyan lost more than half of her wealth following China’s property crisis. Huiyan, who controls China’s largest real estate developer Country Garden Holdings, saw her total wealth drop to $11 billion from nearly $24 billion last year. In fact, she lost more than $1 billion in just one day.
With a dramatic fall in Yang Huiyan’s wealth, Savitri Jindal now became Asia’s richest woman. Jindal, 72, is India’s richest woman and the 10th-richest person in the country of about 1.4 billion.
Savitri Jindal, who never went to college and took over her husband’s business only after his sudden demise, saw her fortune rise by $12 billion in just 2 years. In fact, her net worth has tripled more than 3 times in these last 2 years from $4.8 billion in 2022 to $17.7 billion in 2022. This was after it dipped by 50% in 2019 and 2020. From $8.8 billion in 2018, her net worth dropped to $5.9 billion in 2019 and $4.8 in 2020.