Yang Zhao and brothers - 2004 China Rich List:No.19
2004 wealth
(US m):
360
2003 wealth
(US m):
-
age: 57
birthplace: Huizhou, Guangdong
company: Glorious Sun Group
head office: HK
industry: Textile manufacturing and retail, Hong Kong and New York real estate
listing: Hong Kong – 0393 Glorious Sun Enterprises (September 1996)
personal info: This summer has seen Yang take the HK government to court over a property dispute and continue to expand his casual wear retail interests with the addition of new brands to his established JeansWest brand. With sales in the listed company last year of US$420 million (2002: US$300 million) and paying taxes of US$13 million, the listed company has 28,000 employees. Moving to Hong Kong in 1968, Yang in 1974 set up a textile business, which he took to the earliest listing on Hong Kong. In the mid eighties, Yang was an active Hong Kong property investor, and in the early nineties extended his reach to property in New York.
other list rank:
Comment
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