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  • Showing posts with label Richest man in China. Show all posts
    Showing posts with label Richest man in China. Show all posts

    Wednesday 20 November 2013


    •  Net Worth: $14.1 B                                                                      
    •  Source of Wealth: real estate
    •  Citizen: China
    •  Age:59

    Dalian Wanda Group Chairman Wang Jianlin, long one of the most powerful forces in China's real estate industry, takes over the top spot on the Forbes China Rich List for the first time amid a rebound in property prices in China and a big push into the entertainment industry at home and abroad. Wanda Group owns 71 Wanda shopping plazas and 40 five-star hotels. Wang flew in celebrities Leonardo DiCaprio and John Travolta to help launch an $8 billion mini-Hollywood in the coastal city of Qingdao in September. AMC, the U.S. movie-theater group that Wanda Group purchased in 2012 for $2.6 billion, filed to go public in the U.S. in August.

    1. Wang Jianlin

    Posted at  09:00  |  in  Richest man in China  |  Read More»


    •  Net Worth: $14.1 B                                                                      
    •  Source of Wealth: real estate
    •  Citizen: China
    •  Age:59

    Dalian Wanda Group Chairman Wang Jianlin, long one of the most powerful forces in China's real estate industry, takes over the top spot on the Forbes China Rich List for the first time amid a rebound in property prices in China and a big push into the entertainment industry at home and abroad. Wanda Group owns 71 Wanda shopping plazas and 40 five-star hotels. Wang flew in celebrities Leonardo DiCaprio and John Travolta to help launch an $8 billion mini-Hollywood in the coastal city of Qingdao in September. AMC, the U.S. movie-theater group that Wanda Group purchased in 2012 for $2.6 billion, filed to go public in the U.S. in August.


    •  Net Worth: $11.2 B                                                                      
    •  Source of Wealth: beverages
    •  Citizen: China
    •  Age: 68

    Zong Qinghou, the beverage industry tycoon who topped FORBES list of China's richest in 2010 and 2012, slips back to No. 2 amid slow earnings growth at Wahaha, the beverage giant he leads. Revenue grew 9.4% to $5.9 billion in the first 6 months of 2013. Zong sustained injuries to tendons in 2 fingers in August when a man, disgruntled after Zong declined to offer him a job, cut the beverage entrepreneur with a knife. He was back in the office a few days later.

    2. Zong Qinghou

    Posted at  08:57  |  in  Richest man in China  |  Read More»


    •  Net Worth: $11.2 B                                                                      
    •  Source of Wealth: beverages
    •  Citizen: China
    •  Age: 68

    Zong Qinghou, the beverage industry tycoon who topped FORBES list of China's richest in 2010 and 2012, slips back to No. 2 amid slow earnings growth at Wahaha, the beverage giant he leads. Revenue grew 9.4% to $5.9 billion in the first 6 months of 2013. Zong sustained injuries to tendons in 2 fingers in August when a man, disgruntled after Zong declined to offer him a job, cut the beverage entrepreneur with a knife. He was back in the office a few days later.


    •  Net Worth: $10.1 B                                                                      
    •  Source of Wealth: internet
    •  Citizen: China
    •  Age: 45 

    One of China's richest men and CEO of the nation's top search engine. Before founding Baidu, Li worked in Silicon Valley for Infoseek, a search pioneer. He sits on the board of New York-listed New Oriental Education & Technology, which provides educational services in China.

    3. Robin Li

    Posted at  08:54  |  in  Richest man in China  |  Read More»


    •  Net Worth: $10.1 B                                                                      
    •  Source of Wealth: internet
    •  Citizen: China
    •  Age: 45 

    One of China's richest men and CEO of the nation's top search engine. Before founding Baidu, Li worked in Silicon Valley for Infoseek, a search pioneer. He sits on the board of New York-listed New Oriental Education & Technology, which provides educational services in China.


    •  Net Worth: $10.9 B                                                                      
    •  Source of Wealth: renewable energy
    •  Citizen: China
    •  Age: 46

    Li Hejun chairs and owns 99% of Hanergy Holding Group. The company is active in hydropower, wind power, and solar energy power generation activities. It has become one of the world's largest producers of thin-film solar panels and equipment. He debuts on the Forbes China Rich List this year.

    4. Li Hejun

    Posted at  08:50  |  in  Richest man in China  |  Read More»


    •  Net Worth: $10.9 B                                                                      
    •  Source of Wealth: renewable energy
    •  Citizen: China
    •  Age: 46

    Li Hejun chairs and owns 99% of Hanergy Holding Group. The company is active in hydropower, wind power, and solar energy power generation activities. It has become one of the world's largest producers of thin-film solar panels and equipment. He debuts on the Forbes China Rich List this year.


    •  Net Worth: $10.2 B                                                                      
    •  Source of Wealth: internet
    •  Citizen: China
    •  Age: 42

    Ma Huateng, known as "Pony," is the founder and CEO of Tencent Holdings, China's largest Internet company in terms of market cap. His fortune has climbed from $6.4 billion a year ago as Tencent's Hong Kong-traded shares surged more than 50%. Tencent makes most of its money from online gaming but pushed into online search in September, paying $448 million for a 36% stake in Sohu.com's Sogou unit.

    5. Ma Huateng

    Posted at  08:47  |  in  Richest man in China  |  Read More»


    •  Net Worth: $10.2 B                                                                      
    •  Source of Wealth: internet
    •  Citizen: China
    •  Age: 42

    Ma Huateng, known as "Pony," is the founder and CEO of Tencent Holdings, China's largest Internet company in terms of market cap. His fortune has climbed from $6.4 billion a year ago as Tencent's Hong Kong-traded shares surged more than 50%. Tencent makes most of its money from online gaming but pushed into online search in September, paying $448 million for a 36% stake in Sohu.com's Sogou unit.


    •  Net Worth: $9 B                                                                      
    •  Source of Wealth: automobiles
    •  Citizen: China
    •  Age:49

    Wei Jianjun chairs Great Wall Motor, one of the largest non-government-owned Chinese motor vehicle makers. Wei ascends into the top 10 richest in China following torrid growth at the company, known for its production of SUVs. Net profit shot up 74% in the 6 months to June 2013 from a year earlier to $668 million, on sales that soared 44% to $4.3 billion.

    6. Wei Jianjun & family

    Posted at  08:43  |  in  Richest man in China  |  Read More»


    •  Net Worth: $9 B                                                                      
    •  Source of Wealth: automobiles
    •  Citizen: China
    •  Age:49

    Wei Jianjun chairs Great Wall Motor, one of the largest non-government-owned Chinese motor vehicle makers. Wei ascends into the top 10 richest in China following torrid growth at the company, known for its production of SUVs. Net profit shot up 74% in the 6 months to June 2013 from a year earlier to $668 million, on sales that soared 44% to $4.3 billion.


    •  Net Worth: $7.2 B                                                                      
    •  Source of Wealth: real estate
    •  Citizen: China
    •  Age: 32

    A 94% rise in sales at real estate developer Country Garden has lifted the fortune of China's richest woman, Yang Huiyan. Yang, the vice chairman, was given her father's stake in Country Garden before the company's IPO in 2007, the same year that she topped FORBES list of China's richest with a net worth of $16 billion. Buoyant residential property sales have lifted Country Garden's Hong Kong- traded shares 75% in the past 12 months.

    7. Yang Huiyan

    Posted at  08:40  |  in  Richest man in China  |  Read More»


    •  Net Worth: $7.2 B                                                                      
    •  Source of Wealth: real estate
    •  Citizen: China
    •  Age: 32

    A 94% rise in sales at real estate developer Country Garden has lifted the fortune of China's richest woman, Yang Huiyan. Yang, the vice chairman, was given her father's stake in Country Garden before the company's IPO in 2007, the same year that she topped FORBES list of China's richest with a net worth of $16 billion. Buoyant residential property sales have lifted Country Garden's Hong Kong- traded shares 75% in the past 12 months.


    •  Net Worth: $7.1 B                                                                      
    •  Source of Wealth: internet
    •  Citizen: China
    •  Age:49

    Internet pioneer Jack Ma has aroused global interest in a pending public offering for Alibaba Group, the e-commerce powerhouse he created. Ma stepped down as CEO in May to pave the way for young blood but is still guiding the business. Speculation about the IPO moved to New york in September after the Hong Kong Stock Exchange turned down Alibaba's controversial ownership plan.

    8. Jack Ma

    Posted at  08:35  |  in  Richest man in China  |  Read More»


    •  Net Worth: $7.1 B                                                                      
    •  Source of Wealth: internet
    •  Citizen: China
    •  Age:49

    Internet pioneer Jack Ma has aroused global interest in a pending public offering for Alibaba Group, the e-commerce powerhouse he created. Ma stepped down as CEO in May to pave the way for young blood but is still guiding the business. Speculation about the IPO moved to New york in September after the Hong Kong Stock Exchange turned down Alibaba's controversial ownership plan.


    •  Net Worth: $6.8 B                                                                      
    •  Source of Wealth: appliance
    •  Citizen: China
    •  Age: 71

    He Xiangjian is a founder of Midea Group, a manufacturer of home appliances. FORBES' estimate of his wealth has increased from $2.2 billion a year ago following a restructuring in which unlisted assets such as logistics operations were sold to its listed arm in exchange for stock. The reconfigured company, Midea Group, began trading on the Shenzhen Stock Exchange on Sept. 18.

    9. He Xiangjian

    Posted at  08:32  |  in  Richest man in China  |  Read More»


    •  Net Worth: $6.8 B                                                                      
    •  Source of Wealth: appliance
    •  Citizen: China
    •  Age: 71

    He Xiangjian is a founder of Midea Group, a manufacturer of home appliances. FORBES' estimate of his wealth has increased from $2.2 billion a year ago following a restructuring in which unlisted assets such as logistics operations were sold to its listed arm in exchange for stock. The reconfigured company, Midea Group, began trading on the Shenzhen Stock Exchange on Sept. 18.


    •  Net Worth: $6.1 B                                                                      
    •  Source of Wealth: agribusiness
    •  Citizen: China
    •  Age: 65

    Liu Yongxing's aluminum- and plastics-focused East Hope Group has faced a rare difficult year as slower economic growth in China hurt demand for its industrial materials. His net worth edges up from a year ago amid successful forays in the real estate industry.

    10. Liu Yongxing

    Posted at  08:28  |  in  Richest man in China  |  Read More»


    •  Net Worth: $6.1 B                                                                      
    •  Source of Wealth: agribusiness
    •  Citizen: China
    •  Age: 65

    Liu Yongxing's aluminum- and plastics-focused East Hope Group has faced a rare difficult year as slower economic growth in China hurt demand for its industrial materials. His net worth edges up from a year ago amid successful forays in the real estate industry.

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