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Thursday March 6th 2014 • Ste Colette
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US EDITION
Daily News… ‘SECRETIVE’ CHINESE WOMAN NAMED WORLD’S YOUNGEST BILLIONAIRE A 24-year-old Hong Kong-based woman has been named the world’s youngest billionaire, replacing a former Facebook co-founder and spurring gossip in the city. Perenna Kei, a graduate from the University of London who lives in Hong Kong, was ranked by Forbes as the world’s youngest tycoon in its annual super-rich list, with a net worth of $1.3 billion. «Little-known Perenna Kei, a newcomer to the list, displaces former Facebook co-founder Dustin Moskovitz as the very youngest billionaire,» Forbes said on its website along with the release of the billionaires’ list. It said her wealth grew along with the listing of a company run by her Chinese tycoon father, Ji Haipeng. «Kei debuts on this year’s Forbes Billionaires List following the Hong Kong listing in December of Logan Property Holdings,» Forbes said, describing her debut as «an unexpected twist». The city of seven million, where 45 billionaires were on the Forbes list for 2014, is a popular destination for Chinese high-rollers to set up businesses or invest in property. A growing number of wealthy Chinese are also relocating to the city. Logan Property is a mid-sized developer based in the mainland city of Shenzhen bordering Hong Kong. When the company listed on the city’s bourse in December, it raised some HK$1.6 billion ($206 million), the South China Morning Post said in a report at the time. Forbes said Kei, also known as Ji Peili, has an 85 percent stake in the property firm through various companies and a trust. Kei’s debut on the global super-rich list comes as a surprise for some in the city, with the Post describing her as a «secretive woman». A staff member at the Shenzhen office of Logan Property said Kei would not give interviews.
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International News… JAMIE OLIVER’S CANTONESE Hong Kong fans of British chef Jamie Oliver fell about laughing after he announced a new Italian restaurant for the city in Cantonese -with a few slip-ups. Making a stab at the local Chinese dialect in a light-hearted YouTube video, he announces: «I will open an amazing Italian submarine.» Attempting to repeat words read out by a Cantonese-speaker off-screen, he also promises that the restaurant will be «very slippery», before collapsing into giggles. Cantonese can be notoriously difficult for new learners as a slight change in inflection can change the meaning of a word entirely.
JAPAN ZOO GIVES PANDAS PRIVACY A Tokyo zoo is to shutter its panda display in an effort to encourage the famously lethargic creatures to concentrate on mating without the distraction of spectators, a spokeswoman said Wednesday. Starting Thursday, Shin Shin and her companion Ri Ri will be given a bit of alone time at Ueno Zoo after she began exhibiting signs that she was ready to procreate. «Shin Shin is moving around more often and bleating like a sheep, a sign that it is mating season,» the spokeswoman said. «The two have good chemistry and we all hope the couple will bear a healthy new baby,» she said.
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