Tycoon in the top of wealth list
October 8th, 2008
According to a list released yesterday, the fortunes of China’s richest billionaires are shrinking rapidly as hard times hit the country’s stock and property markets.
Appliance and property tycoon Huang Guangyu, a 39-year-old entrepreneur with assets estimated at 43 billion yuan ($6.3 billion) tops the list of China’s 1,000 wealthiest individuals compiled by Shanghai-based analyst Rupert Hoogewerf.
Huang, who controls Read more…
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