⬅ # 566 Don Vultaggio|# 568 Dan Kurzius ➡

# 567 Zhu Yan 

$5.68B

Real Time Net Worth
as of 11/21/2024
-$162.2M (-2.85%)

# 567 Zhu Yan 

$5.68B

Real Time Net Worth
as of 11/21/2024
-$162.2M (-2.85%)
OccupationPartial Owner, KE Holdings
Source of WealthReal Estate
Age53
ResidenceBeijing, China
Marital StatusWidowed
Age-Adjusted Net Worth$9.13B
Zhu Yan
Zhu Yan
China
Net worth: $5.68B

Self-Made Score 

Mido Multifort Chronograph Special Edition - Black Dial

Wealth History

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Biography

Overview

Zhu Yan inherited the fortune of his late husband Zuo Hui, founder of KE Holdings, after Zuo's death in May 2021.
KE Holdings, listed on the New York Stock Exchange, is among the world's largest real estate brokerage chains.
Zuo Hui, a notable figure in real estate, passed away at 50 from an undisclosed illness.
KE Holdings, formed in 2018 by Zuo, encompasses companies like Lianjia and Beike, along with a property financial services firm launched in 2010.

Inheritance and Wealth

Zhu Yan became immensely wealthy upon inheriting the fortune amassed by Zuo Hui through his pioneering ventures in real estate and technology.
The inheritance includes substantial stakes in KE Holdings and its subsidiaries, such as Lianjia and Beike.

Professional Ventures

Zuo Hui founded KE Holdings in 2018, integrating companies like Lianjia and Beike.
KE Holdings operates primarily in China's housing transactions and services sector.
The company offers a range of services, including existing home sales and leasing through the online platform Beike.
Lianjia, owned and operated by KE Holdings, is a leading real estate brokerage brand in China with over 20 years of experience.
KE Holdings aims to revolutionize housing transactions by integrating online and offline platforms and setting industry standards.

Zhu Yan's Wealth is Equivalent to:

4,375,674 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

1,075,497 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

58,092 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Zhu Yan?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Zhu Yan's net worth of $5.68B.

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 58.67% compared to 23.91% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Zhu Yan 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 Zhu Yan, 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.

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Edited by: Lee Bailey