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24-year-old is youngest billionaire

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Hong Kong Dollars, China

Beijing: A 24-year-old Chinese woman with stakes worth $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 per cent stakes in it worth $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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