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Wang Chuanfu, founder and chairman of Chinese battery and car maker BYD Co<1221>, is first on the Forbes China Rich List 2009, up from 23rd place last year, according to the list released in Shanghai on Thursday.Wang saw his fortune increase to the current US$5.8 billion from US$ 1.06 billion a year earlier...
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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.
Forbes magazine releases its annual China rich list Thursday. The net worth of the country's 400 richest people rose to a record $314 billion in the year to November from $173 billion a year ago. Photo: CFP
The Forbes top 400 China Rich List was released Thursday in Shanghai, and Wang Chuanfu, the founder of Chinese battery and electric car maker BYD tops the list with a wealth worth $5.8 billion. Last year Wang ranked 23rd at $1.06 billion; Warren Buffett's investment in BYD in September was a big ...
The Hurun Research Institute released the 2009 Hurun Rich List, a ranking of the 1,000 richest individuals in China, on October 13 in Beijing.
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Wang Chuanfu, founder and chairman of Chinese battery and car maker BYD Co<1221>, tops the latest annual Hurun Rich List of China's richest people, thanks to investment by U.S. billionaire Warren Buffett. 43-years-old Wang rose from last year's 103rd place, with wealth increasing to US$5.1 billion from...