Who’s on China’s rich list?

2011-09-07 07:19

Shanghai – A maker of heavy machinery tops a list of China’s billionaires.

The Hurun Rich List 2010, China’s equivalent of the Forbes list, said Liang Wengen, chairperson of Sany Heavy Industry, leads the country’s fast-growing ranks of super-wealthy.

A surge in Sany’s share price doubled his fortune last year to $11 billion (R78 billion).

Consumer goods, internet and property tycoons dominated the top of the list.

Rupert Hoogewerf, who compiles the list, said Zeng Qinghong, head of the Wahaha beverage empire, dropped to second place, with $10.7 billion, while Red Bull energy drinks mogul Yan Bin was fourth.

Robin Li Yanhong, with search engine company Baidu, took the third spot, with $8.8 billion.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.