Guo Hao and family - 2004 China Rich List:No.33
2004 wealth
(US m):
275
2003 wealth
(US m):
230
age: 49
birthplace: Fuzhou, Fujian
company: Chaoda Modern Agriculture Holdings
head office: Fujian
industry: Organic vegetables and fruits
listing: Hong Kong – 0682 Chaoda Modern Agriculture Holdings (December 2000)
personal info: Whilst vegetables (broccoli, choi sum, sweet corn cabbage and celery) remain its mainstay, Chaoda this year has been expanding its livestock and supermarket businesses, the latter to seven outlets. With its sales last year of US$180 million (2002: US$140 million) and paying taxes of US$3.4 million, Chaoda gives work to 11, 000 people. Guo, in the army for much of his teens, set up on his own in 1984 trading electronics, before launching into organic agriculture in 1994.
other list rank:
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