2004 China Rich List
Larry Rong Zhijian - 2004 China Rich List:No.3
| 2004 wealth (US m): |
1000 |
| 2003 wealth (US m): |
850 |
| age: | 62 |
| birthplace: | Shanghai |
| company: | Citic Pacific Group |
| head office: | HK |
| industry: | Aviation, civil infrastructure, real estate and telecoms |
| listing: | Hong Kong – 0267 CITIC Pacific (1996) |
| personal info: | This year has seen Citic Pacific further consolidate its iron and steel interests with a US$410 million acquisition of Yegang and make inroads into its games hosting platform. A diversified business with interests that span aviation, power, civil infrastructure, real estate, communications and distribution, Citic Pacific last year had profits of US$165 million, the highest of any company on our China Rich List. With sales last year of US$3.35 billion (2002: US$2.84 billion) and paying taxes of US$47 million, Citic Pacific has 12,200 employees. |
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