Related News
Sany founder becomes richest person on Chinese mainland
By Lu Nengneng |
16:42 UTC+8 September 7, 2011
|
Online Edition
Online Edition
Liang Wen'gen, founder and chairman of heavy machinery manufacturer Sany, is now the richest person on Chinese mainland with a personal fortune of 70 billion yuan (US$11 billion), according to the Hurun Rich List 2011 released today.
Last year's number one, Zong Qinghou, founder and CEO of drink maker Wahaha, slid into second place this year with 68 billion yuan (US$ 10.6 billion), followed by Robin Li Yanhong, founder and CEO of Baidu, in third place with a fortune of 56 billion yuan (US$ 8.76 billion).
The list counts one thousand richest people with an average wealth of up to US$924 million. The number of US$ billionaires notched up to 271 individuals with an average age of 51, up from 189 last year and almost twice that of 130 in 2009.
"China's rich have defied the global financial crisis with another record year of growth," said Rupert Hoogewerf, chairman and chief researcher of the Hurun Research Institute.
The relentless construction boom and a growing domestic retail market are the key contributors to the growth in wealth. Real estate tycoons constitute 23.5 percent of the rich on the list, making the sector the top wealth source, followed by the manufacturing moguls representing 17.4 percent of the rich.
Shanghai is home to 80 rich individuals on the list, ranking third in the country. Beijing is the choice of residence for 111 super rich individuals, followed by Shenzhen at 83.
Hurun only disclosed the top 50 wealthiest today. The complete list will be released next month.
Last year's number one, Zong Qinghou, founder and CEO of drink maker Wahaha, slid into second place this year with 68 billion yuan (US$ 10.6 billion), followed by Robin Li Yanhong, founder and CEO of Baidu, in third place with a fortune of 56 billion yuan (US$ 8.76 billion).
The list counts one thousand richest people with an average wealth of up to US$924 million. The number of US$ billionaires notched up to 271 individuals with an average age of 51, up from 189 last year and almost twice that of 130 in 2009.
"China's rich have defied the global financial crisis with another record year of growth," said Rupert Hoogewerf, chairman and chief researcher of the Hurun Research Institute.
The relentless construction boom and a growing domestic retail market are the key contributors to the growth in wealth. Real estate tycoons constitute 23.5 percent of the rich on the list, making the sector the top wealth source, followed by the manufacturing moguls representing 17.4 percent of the rich.
Shanghai is home to 80 rich individuals on the list, ranking third in the country. Beijing is the choice of residence for 111 super rich individuals, followed by Shenzhen at 83.
Hurun only disclosed the top 50 wealthiest today. The complete list will be released next month.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
