2004 China Rich List
Zhu Mengyi and family - 2004 China Rich List:No.9
| 2004 wealth (US m): |
540 |
| 2003 wealth (US m): |
480 |
| age: | 45 |
| birthplace: | Fengshun, Guangdong |
| company: | Hopson Development |
| head office: | Guangdong |
| industry: | Guangdong, Beijing, Shanghai and Tianjin real estate |
| listing: | Hong Kong – 0754 Hopson Development Group (May 1998) |
| personal info: | The South’s king of real estate, this year has seen Zhu continue to diversify with a US$110 million acquisition of 10% of Shanghai Electric together with Zhang Rongkun (number 39). Hopson, Zhu’s listed real estate vehicle, last year had sales of US$420 million (2002: US$250 million), paid taxes of US$30 million and has a significant land bank. The low-key Zhu started out in construction in the mid eighties, before engaging in trade and real estate, later to diversify to infrastructure, and investments. |
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