Home > Blossary: China Rich List 2014
China’s top 100 richest are now worth $376 billion, up 19% from a year ago.The quicksilver of the Chinese Internet may even exceed what the Web bestows elsewhere. Especially when an outfit from China enjoys a U.S. stock listing. Look no further than Liu Qiangdong and his Amazon-like online shopping site JD.com. Though it lost money in the first half, it rocketed on the share market after a May IPO. Even with a 22% comedown from its peak, JD.com’s $35 billion valuation is sufficient to lift Liu from 98th on last year’s China Rich List to 10th this time, with $7.1 billion.
Category: Business
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Created by: tim.zhaotianqi
Number of Blossarys: 40
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Last year's No. 1 on the Forbes China Rich List slipped 3 notches this year due to lower values for the commercial real estate owned by his Dalian Wanda Group. Nonetheless it has been a busy year. In ...
Domain: Real estate; Category: Commercial
Wang Wenyin chairs Amer International Group, a supplier of cable and copper products that also has mining interests. Sales last year totaled $38 billion. Amer operates 6 industrial parks in Shenzhen ...
Domain: Metals; Category: Metalworking
Zong Qinghou founded beverage producer Hangzhou Wahaha Group as a store in a children's school in the city of Hangzhou in 1987. Shipments of bottled water and tea drinks remain the core of privately ...
Domain: Beverages; Category: Mixed drinks
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