In this success post, we are going to share the story of Cai Kui, the man in charge who made Longfor Properties a revered name in the Asian Real Estate Market. Longfor Properties has turned out to be one of the dark horses in the Chinese realty market.
Cai Kui Childhood and Early Career
After completing studies in the Bachelor of Arts and Science from Nanjing University of Aeronautics and Astronautics, this self-made entrepreneur got married to Wu Yajun and co-founded the company called Longfor Properties, which is a real estate development company. Today, Cai is a bright name in the field of real estate development.
Cai Kui Achievements
Longfor Properties made its debut on the Hong Kong Stock Exchange in the year 2009, and the net worth of Cai and Wu was $5 billion. Headquartered in Bejing, today, the market cap of this company is $7.64 billion.
In the year 2014, Forbes China Rich List, Cai, has been ranked as the 100th richest person, which is down from number 89 as per the last year ranking.
Cai Kui Personal Life
Wu Yajun was married to Cai. Moreover, after their divorce, Cai became a billionaire himself by the year 2012. Although it was not clear when the couple actually filed the case for divorce. But it has been speculated that on one of the company disclosure, the ownership structure was removed the word “spouse” which used to precede the name of Wu Yajun and Cai, in all the stake sharing documents.
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