- TitleChairwoman
- CompanyLongfor Group
- CountryChina
- Age54
Wu, a journalist-turned-real-estate-developer, founded her business with her husband nearly 25 years ago. Wu, who’s scaled China’s business hierarchy from her working-class roots, now leads Longfor alone after getting divorced in 2012. Higher property sales in 2017 led to net profit and revenue growth of 38% and 32%, respectively. Last year, Longfor expanded into seven new cities and acquired 76 plots of land for development. Longfor is looking to capitalize on the U.S.-China trade skirmish going forward, as President Donald Trump’s tariffs steer Chinese investors back to domestic developers.
Personal Information
Country | China |
Previous Rank | 19 |
Newcomer? | - |
Company Financials
2017 Profits | 1,866.4 |
2017 Revenues | 10,677.6 |
Market Value as of 08/30/18 ($M) | 16,206.8 |