Rich bitch profile of the week 07-28-2008

There is not much biographical information to be found on Chu Lam Yiu. In fact, her name was completely unfamiliar until turning up an article on the world’s youngest women billionaires. Chu Lam Yiu hold’s the distinction, as of today’s date, of being the world’s youngest self-made female billionaire. She’s 38 and hold’s an estimated net worth of $1.9 billion according to the 2008 Forbes list of world’s billionaires released back in March 2008.

Next to figures like $22.9 billion which is the estimated net worth of Liliane Bettencourt, the richest woman in the world (as of today’s date), $1.9 billion might not look too impressive; but do check your own bank account balance before deciding that Chu Lam Yiu’s $1.9  billion is nothing to brag about. And remember, Chu Lam Yiu did not inherit any of this money, which is not meant to discredit the achievements of our previously featured rich bitch billionaire women who came into their billions by way of an inheritance.

Chu Lam Yiu has managed to reach billionaire status a good 20-something years ahead of the reported average age of 61.5 (for women) and she has accomplished her feat as the head of Huabao International, a company she herself started a decade ago. Her company makes fragrances and flavorings for cigarettes, detergents, beverages, dairy products and cosmetics.

Chu Lam Yiu ranks #652 on the world billionaires list.