BYD founder Wang tops '09 Forbes China rich list
Published: 05 Nov 2009 17:40:50 PST Shanghai, November 5 (Gasgoo.com) Wang Chuanfu, chairman of electric car and battery maker BYD, has become mainland China's richest person, according to an annual rich list released by Forbes today, Xinhua News reported.Wang leapt from last year's 23rd position to top the Forbes China Rich List after his fortune increased to 39.6 billion yuan ($5.8 billion), exceeding the second richest, agricultural feed and heavy industry tycoon Liu Yongxing's $5.5 billion, Forbes said.
The total assets of China's 40 richest people doubled from $52 billion to a record $106 billion over the past year, Forbes said. All the top 40 are billionaires, compared with just 24 billionaires last year.
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