Queen of Trash Wealthier Than the Queen of Mean
September 1st, 2008. Filed under: Monday's Musings.We know that the Queen of Mean, Leona Helmsley, was a wealthy lady, but the Queen of Trash left her as well as Oprah and Martha Stewart in the dust.
It was only a few years ago that Zhang Yin and her husband were driving around the States in a used minivan, begging garbage dumps to give them their scrap paper. Now, because of her entrepreneurship, her personal wealth is estimated at $1.5 billion or more.
Her companies take ship waste paper from the United States and Europe to China and recycle it into corrugated cardboard, which is then used for boxes that are packed with toys, electronics and furniture that are stamped “Made in China” and then often shipped right back across the ocean to Western consumers.
You can read more about Zhang Yin in the Herald Tribune.
October 9th, 2008 at 16:25
Unusual comment. Would you care to expand on that?