Home>News Center>China
       
 

Appliance retailer tops list of wealthiest
By Vicki Kwong (Bloomberg News)
Updated: 2005-10-13 06:44

Huang Guangyu, the chairman of Gome Electrical Appliances, is China's richest man for a second consecutive year, with a fortune of $1.7 billion, according to an annual ranking of the country's wealthiest business people.

The 36-year-old founder of the biggest home-appliance chain in China has increased his wealth by 30 percent in 2005 from $1.3 billion in 2004 after selling shares in the Hong Kong-listed company, Rupert Hoogewerf, a Shanghai-based researcher who compiles the China Rich List, said Tuesday. The number of billionaires rose to seven from three.

Yan Jiehe, 45, head of the privately owned China Pacific Construction Group, ranked second this year after increasing his fortune more than sevenfold to $1.5 billion. Chen Tianqiao, 32, founder of Shanda Interactive Entertainment, based in Shanghai, was third with $1.45 billion.

Huang, known in Hong Kong as Wong Kwong-yu, left Guangdong Province at age 18 with a bag of cheap plastic home appliances and rented a market stall in Beijing. Gome, which operates 188 shops in 42 Chinese cities, said net income rose 176 percent last year to 458 million Hong Kong dollars, or $59 million. Huang also invests in real estate.

Chen, a former student at Fudan University in Shanghai, scraped together 500,000 yuan, or $60,000, with friends to co-found Shanda in 1999, aiming to create online computer games for China's 100 million-plus teenagers.

William Ding, 34, founder of NetEase.com, rose to fourth place from seventh. Xu Rongmao, 55, owner of the Shanghai-based property developer Shimao Group, ranked behind Ding.

The average wealth of the top 100 on the list soared 48 percent to $440 million, from $297 million in 2004, the report said. Larry Yung, chairman of the Hong Kong-listed Citic Pacific, slipped to sixth place from third, even as his fortune climbed to $1.1 billion from $1 billion.

Most on the list made their money in real estate, manufacturing, information technology and retail.



A real long-distance call
Shenzhou VI blasts off into sky
Celebrating Chongyang Festival
  Today's Top News     Top China News
 

China opens new chapter in space history

 

   
 

Zero-gravity life begins with mooncakes

 

   
 

Appliance retailer tops list of wealthiest

 

   
 

Snow 'astonished' by changes in Shanghai

 

   
 

Next goals: Permanent space lab, and moon

 

   
 

Al-Qaida No. 2: U.S. 'ran' from Vietnam

 

   
  CPC sets blueprint for next five years
   
  Snow 'astonished' by changes in Shanghai
   
  Second manned spacecraft successfully takes off
   
  Next goals: Permanent space lab, and moon
   
  Tsang vows to boost social welfare services in HK
   
  Russians on trial for beating Chinese students
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 一级毛片aaaaaa视频免费看| 亚洲国产一区视频| 老师让我她我爽了好久网站| 国产欧美在线不卡| 91华人在线视频| 天天爽夜夜爽人人爽一区二区| 中文字幕av无码专区第一页| 日本试看60秒做受小视频 | 亚洲日本在线电影| 爽好大快深点一视频| 免费无码AV一区二区三区| 自拍偷自拍亚洲精品被多人伦好爽| 国产在线精品网址你懂的| 久草视频精品在线| 国产精品一区二区资源| 19禁啪啪无遮挡免费网站| 国产麻豆精品免费密入口| aa级毛片毛片免费观看久| 妖神记1000多章哪里看| 一级毛片免费观看不卡视频| 成人精品一区二区电影| 中文字幕羽月希黑人侵犯| 日本一区二区三区四区公司| 久久夜色精品国产网站| 日韩在线观看第一页| 亚洲A∨无码一区二区三区| 欧美三级不卡在线观线看高清| 亚洲国产精品第一区二区| 欧美肥老太肥506070| 亚洲第一页在线观看| 潮喷大喷水系列无码久久精品| 免费一级特黄视频| 真正全免费视频a毛片| 全球全球gogo专业摄影| 精品国产三级a| 冠希与阿娇实干13分钟视频| 精品国产一区二区三区色欲| 午夜福利一区二区三区高清视频 | 久久久久久九九99精品| 日本不卡免费新一二三区| 久久久久久国产精品无码下载 |