Kei Perenna Hoi Ting is a Chinese woman. 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 $ 1,3 billion. She has become the world’s youngest billionaire, replacing Facebook co-founder Dustin Moskovitz.
Her father is Ji Haipeng, Logan’s chairman and chief executive.
The company, which had 2012 revenue of about $1 billion, went public in December last year and its stock rose 2.4 per cent on the first day of trading.
Kei, a Hong Kong native, is a newcomer to the Forbes World’s Billionaires list which was released on Monday, US-time. She displaced former Facebook co-founder Dustin Moskovitz as the youngest billionaire.
But despite her incredible wealth, little is known about Kei, and no photographs of her have been publicly released.
Forbes reported that Kei holds a bachelor’s degree in economics and finance from the University of London.
Company documents indicate that Kei acts “in accordance with Mr Ji’s directions”, according to Forbes. She is formally identified as “Kei Perenna Hoi Ting” in company documents, which state that she once went by the name “Ji Peili”.
The documents do not indicate why Kei changed her names in English, however Forbes reported that well-off or politically connected Chinese sometimes use more than one name in order to conceal wealth or avoid publicity.
The 39 youngest people on the 2014 World’s Billionaires list have a combined net worth of $115.7 billion. Facebook employees past, present and future–including Sean Parker, Mark Zuckerberg and WhatApp’s Jan Koum–account for 42 per cent of that figure.