Tuesday, 1 July 2014

Meet Perenna Kei, At 24, she's the youngest billionaire In The World

A 24-year-old Hong Kong-based woman has been named the world's youngest billionaire, replacing a former Facebook boss and spurring gossip in the city.

"Perenna Kei, a newcomer to the list, displaces Facebook co-founder Dustin Moskovitz as the very youngest billionaire," Forbes said on its website.


It said her wealth grew along with the listing of a company run by her Chinese tycoon father, Ji Haipeng.
"Kei debuts on this year's Forbes Billionaires List following the Hong Kong listing in December of Logan Property Holdings," Forbes said, describing her debut as "an unexpected twist".
Hong Kong is a popular destination for wealthy Chinese to set up businesses or invest in property and many are relocating there.

Logan Property is a mid-sized developer based in the mainland city of Shenzhen bordering Hong Kong. When the company listed on the city's bourse in December, it raised about HK$1.6-billion (R2.2-billion), the South China Morning Post reported at the time.

Forbes said Kei, also known as Ji Peili, has an 85% stake in the property firm through various companies and a trust.

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