Crassula ovuta. Commonly known as jade plant, friendship tree, lucky plant or Money Plant, Crassula ovata is a succulent plant with small pink or white flowers. It is native to South Africa, and is common as a houseplant worldwide.Jades are evergreen plants with thick branches and smooth, rounded, fleshy leaves that grow in opposing pairs along the branches. Leaves are a rich jade green; some varieties may develop a red tinge on the edges of leaves when exposed to high levels of sunlight. New stem growth is the same color and texture as the leaves, but becomes brown and woody with age. Under the right conditions, they may produce small white or pink star like flowers in early spring.