Savitri Jindal: Asia Has New Richest Girl as Property Disaster Reshapes Fortunes


Her fortune has greater than halved this 12 months to $11 billion, with the decline accelerating this week when her Nation Backyard, China’s largest property developer, stated it wanted to boost fairness at a reduction, inflicting the inventory to plunge to its lowest since 2016. Yang, now in her early forties, owns about 60% of Nation Backyard and a 43% stake in its management-services unit.

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Her fortune has greater than halved this 12 months to $11 billion, with the decline accelerating this week when her Nation Backyard, China’s largest property developer, stated it wanted to boost fairness at a reduction, inflicting the inventory to plunge to its lowest since 2016. Yang, now in her early forties, owns about 60% of Nation Backyard and…