Chinese woman named world's youngest billionaire

  • PTI
  • Updated: Dec 31, 2014 18:48 IST

A 24-year-old Chinese woman with stakes worth US $1.3 billion in a real estate firm, has become the world's youngest billionaire, replacing Facebook co-founder Dustin Moskovitz.

Kei Perenna Hoi Ting, daughter of Ji Haipeng, chairman and CEO of Chinese real estate developer Logan Property, is a non-executive director of the firm and holds 85% stakes in it worth US $1.3 billion, state-run China News Service said.

A graduate from the University of London, Perenna Kei lives in Hong Kong.

Logan Property Holdings is run by companies and a family trust associated with Perenna.

The firm headquartered in the southern Chinese city of Shenzhen focuses on the development of mid and high-end residential housing.

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