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
Entrepreneur Wang Chuanfu's rise to richest promises a profitable future for China's green auto industry
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...
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Wang Chuanfu, the founder of Chinese battery and electric car maker BYD, has become China's richest person thanks to US billionaire investor Warren Buffet, according to a list published Monday. Wang, 43, leapt 102 places to top the Hurun Rich List after his fortune increased more than five-fold t...