Daily Kos

The richest person in China is richer than Oprah

Mon Oct 16, 2006 at 08:56:08 PM PDT

The good news is that she is also a woman.

"Paper-recycling tycoon Zhang Yin has become the first woman to top the list of China's richest people, with a fortune of $3.4bn (£1.8bn)"

I started thinking of Heloise, with her frugal hints on multiple uses for things others might throw away. But to think a Chinese woman rose to the top of her country's wealth, with a larger idea about recycling is pretty inspiring to me.

-"Ms Zhang is the 49-year-old founder of Nine Dragons Paper, which buys scrap paper from the US for use."

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"Her wealth rose from $375m last year, when she was 36th in the annual China Rich List, compiled by Hurun Report.
Nine Dragons' shares have almost tripled in value since they were listed on the Hong Kong stock exchange.

Ms Zhang is now the richest self-made woman in the world, ahead of US TV celebrity Oprah Winfrey and Harry Potter author J.K. Rowling. "

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Hold on, she buys our scrap paper and winds up richer than Oprah & J.K Rowling?

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What were we doing in the meantime?

_

Hat's off to you,Zhang Yin!

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http://news.bbc.co.uk/...

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Tags: wealth, China, women, business, recycling, Zhang Yin (all tags) :: Previous Tag Versions

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