Yang Huiyan, the chair of Chinese property giant Country Garden, lost about $29 billion of her wealth since June 2021. These losses come as Country Garden missed interest payments on two US-dollar-denominated bonds, according to various media reports, including a Reuters report on Wednesday. Yang — who became China's richest woman at 25 after the company's IPO — lost the spot of Asia's richest woman in August 2022 to Savitri Jindal. Jindal is India's richest woman and chairperson emeritus of the Indian conglomerate O.P. Country Garden and Yang Huiyan did not respond to requests for comment sent by Insider.

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Persons: Yang Huiyan, Yang Huiyan —, —, Yang —, Yang, Savitri Jindal, Jindal Organizations: Bloomberg, Service, Reuters, Ohio State University, New York Times, Jindal Group, Country Locations: Wall, Silicon, Foshan, Hong Kong