⬅ # 468 Min Kao|# 470 Ty Warner ➡

# 469 Wu Yajun 

$6.29B

Real Time Net Worth
as of 7/25/2024
$325 (0.00%)

# 469 Wu Yajun 

$6.29B

Real Time Net Worth
as of 7/25/2024
$325 (0.00%)
OccupationCofounder, Longfor Properties
Source of WealthReal Estate
Age60
ResidenceBeijing, China
Marital StatusDivorced
Children1
EducationBachelor of Engineering, Northwestern Polytechnical University
Age-Adjusted Net Worth$6.29B
Wu Yajun
Wu Yajun
China
Net worth: $6.29B

Self-Made Score 

Wealth History

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Biography

Overview

Wu Yajun, born in 1964 in Chongqing, China, is a Chinese billionaire businesswoman.
She graduated from the Department of Navigation Engineering of Northwestern Polytechnical University in 1984.
Before venturing into real estate, Wu worked at Qianwei Meter Factory from 1984 to 1988.
From 1988 to 1993, Wu worked as a journalist and editor at China Shirong News Agency, which enabled her to build crucial connections in government and business circles.
Wu co-founded Chongqing Zhongjianke Real Estate Co Ltd in 1995 with her former husband, Cai Kui, investing 10 million yuan as initial capital.
Under her leadership, the company later transformed into Longfor Properties, expanding rapidly across major Chinese cities like Chengdu, Beijing, and Shanghai.

Career

Wu is the co-founder, chairwoman, and former CEO of Longfor Properties.
She became an alumni member of the Cheung Kong Graduate School of Business in 2007.
Longfor Properties went public on the Hong Kong Stock Exchange in 2009, attracting investments from notable entities like Singapore's government and Temasek Holdings.
Wu's wealth is managed by Wu Capital, founded in 2013, which has invested in technology firms such as Uber and Evernote.
She is a member of the National People's Congress and has been recognized as one of the most powerful women in the world by Forbes.
Wu was listed as the world's richest self-made woman by Barron's in March 2019, marking a return to the top spot after a seven-year gap.

Personal Life

In 2012, Wu divorced her husband Cai Kui, impacting her position as the richest woman in China.
Following the divorce, Wu's stake in Longfor Properties decreased to 45%, while Cai Kui retained a 30% stake.
She has one child.

How long would it take you to become as rich as Wu Yajun?

If you started with $10,000 and invested an additional $500 each month at a 44.11% CAGR, it would take you 5 years to reach Wu Yajun's net worth of $6.29B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 52.22% compared to 16.62% for the S&P 500 benchmark.

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Wu Yajun is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Wu Yajun, Real Estate is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey