Zhang Yin (entrepreneur)

Zhang Yin (Entrepreneur)

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Zhang Yin (entrepreneur)

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Zhang Yin () (born 1957 in Shaoguan, Guangdong with family roots in Heilongjiang), also known by her Cantonese name Cheung Yan, is a Chinese entrepreneur and is the richest individual in greater China. She is the founder and director of the family company Nine Dragons Paper Holdings, a recycling company that buys scrap paper from the United States, imports it into China, and mainly turns it into cardboard for use in boxes to export Chinese goods. The company is China's biggest paper maker.

Introduction

In October 2006, she became, at the age of 49, the first woman to top the list of richest people in China published by Hurun Report (the Chinese luxury magazine and events group). In 2010 Zhang's personal fortune as valued at approximately US$5.6 billion—meaning that Yin may be the wealthiest self-made woman in the world ahead of Oprah Winfrey, J.K. Rowling, Giuliana Benetton and Rosalia Mera. BBC News, 11 October 2006, Forbes, 13 November 2006 On a later Forbes list she was displaced as China's richest woman by 25-year-old Yang Huiyan, whose net worth Forbes estimated at $9 billion following the 2007 stock market listing of Country Garden Holdings, a real estate developer run by her...
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