BillionaireNet
Yajun
Wu Yajun
Rank #600
CHINAreal-estateReal estate

Wu Yajun

Net Worth
$6.242B
-1% (24h)
Wu Yajun is a Chinese billionaire businesswoman, recognized for her significant contributions to the real estate industry. As the co-founder and former CEO of Longfor Properties, she played a pivotal role in the company's success, transitioning from a journalism career to become one of China's wealthiest individuals. Her net worth is estimated at $6.6 billion as of 2024, primarily derived from her real estate ventures. Wu's career highlights her entrepreneurial spirit and her ability to navigate the complexities of the market. Her story is an inspiration to women and entrepreneurs in China and globally, demonstrating that determination, vision, and hard work can overcome barriers.

The Full Dossier

Early Life

Wu Yajun was born in Chongqing, China, in 1964. She graduated from the Department of Navigation Engineering of the Northwestern Polytechnical University in 1984. After graduating, she worked at a state-owned factory.

Rise to Success

Wu Yajun started her career in journalism, working as an editor at the China Shirong News Agency from 1988 to 1993. In 1995, she co-founded Chongqing Zhongjianke Real Estate Co Ltd, later renamed Longfor Properties, with her then-husband Cai Kui. The company went public on the Hong Kong Stock Exchange in 2009. She became the chairwoman of Longfor Properties in 2007, leveraging her expertise and knowledge of the real estate market. Longfor Properties, under her leadership, became a leading real estate developer in China.

Key Business Strategies

Wu Yajun focused on developing high-quality residential projects and operating shopping malls and rental apartments. She expanded Longfor Properties from Chongqing to major cities like Chengdu, Beijing, Shanghai, and Dalian. The company's growth was driven by strategic investments and a focus on operational excellence. Longfor Group Holdings has renewed its strategic focus on developing residential projects and ramping up investment properties' income in around 20 higher-tier cities. The company's operating income exceeded 20 billion yuan for the first time in 2022. The company saw revenue of $17.46 Billion USD in 2024.

Philanthropy

Wu Yajun has been recognized for her philanthropic efforts and has contributed to various charitable causes, particularly in education and poverty alleviation.

Career Timeline

2022

Stepped down as Chair

Stepped down as Chair of Longfor Group Holdings.

2009

Longfor Properties IPO

Longfor Properties went public on the Hong Kong Stock Exchange.

2007

Chairwoman of Longfor Properties

Became chairwoman of Longfor Properties.

1995

Co-founded Longfor Properties

Co-founded Chongqing Zhongjianke Real Estate Co Ltd (later Longfor Properties) with her then-husband Cai Kui.

1988-1993

Journalist and Editor

Worked as a journalist and editor at the China Shirong News Agency.

1984

Graduated

Graduated from the Department of Navigation Engineering of the Northwestern Polytechnical University.

Philanthropic Impact

Education and Poverty AlleviationUnknown

Various Causes

Contributed to various charitable causes, particularly in education and poverty alleviation.

Wealth Trajectory