2008 China Rich List

 
by Region:
 by Birthplace:
2008 ranknamewealth USD$mcompanyindustry
1Huang Guangyu6300 Pengrun InvestmentsHousehold appliance retail, Property, Private Equity
2Du Shuanghua5100 Rizhao Steel GroupSteel
3Yang Huiyan4900 Country GardenProperty
4Peng Xiaofeng4000 LDK SolarSolar panel components
5Liu Yongxing & family3700 East Hope GroupAlumina, Aluminium, Feed
5Rong Zhijian3700 Citic PacificDiversified
7Shi Zhengrong3200 Suntech PowerSolar energy
7Zhang Jindong3200 Suning Household appliance retail, Property
9Xu Rongmao & family3100 Shimao Property
10Zhang Zhixiang2900 Jianlong SteelSteel
10Zhu Mengyi & family2900 Hopson DevelopmentProperty
12He Xiangjian & family2850 Midea GroupHousehold appliances
13Liu Yonghao & family2800 New Hope GroupFinance, Pig feed, Property, Dairy products
14Lu Guanqiu & family2700 Wanxiang GroupAuto parts, Finance, Property
15Chen Lihua 2600 Fu Wah International Property, Private membership club, Museum
15Zhang Yin & family2600 Nine Dragons PaperPaper
15Zong Qinghou & family2600 WahahaDrinks, Textiles
18Tong Jinquan2500 Changfeng Real Estate Property
18Zhou Chengjian & family2500 MetersbonweTextiles
20Li Jinyuan2400 Tiens Direct sales, Healthcare products
20Li Yanhong2400 BaiduSearch engine
20Lu Zhiqiang2400 Fanhai Property, Finance
20Shi Yuzhu2400 Giant InvestmentsOnline games, Pharmaceuticals, Finance
20Wang Jianlin2400 Wanda GroupProperty
20Zhu Yicai2400 Yurun GroupFood, Property
26Mo Feng2200 Transfield ER GroupShipping
26Xu Jiayin2200 Evergrande Real EstateProperty
28Huang Junqin1900 Towercrest GroupProperty
28Huang Wei1900 Sinhoo Property, Finance
28Zhang Li1900 R&F PropertiesProperty
28Zhu Linyao1900 Huabao International Fragrances, Flavouring
32Li Zhaohui & family1800 Haixin GroupSteel, Finance
32Liang Wen'gen1800 Sany Heavy IndustryHeavy machinery
32Ma Huateng1800 TencentInstant messaging, Online games
32Pan Shiyi & Zhang Xin1800 SOHO ChinaProperty
32Shen Wenrong1800 Sha SteelSteel
32Zhong Shengjian1800 YanlordProperty
32Zhou Furen1800 Xiyang GroupFertilizer, Fireproof materials, Steel
39Chen Zhuolin & family1700 Agile Property Property
40Ding Lei1600 NeteaseWeb portal, Online games
40Guo Guangchang1600 Fosun Diversified
40Huang Wenzai1600 Hongyu GroupProperty, Wood
40Wu Yajun & family1600 Longfor PropertiesProperty
44Huang Maoru & Zhang Jing1500 Maoye GroupProperty, Retail
44Liu Canglong & brother1500 Hongda GroupMetallurgical Industry, Chemicals
91Liu Hanyuan & Guan Yamei1000 Tongwei GroupFish feed
44Lv Hui & Chen Ningning1500 Pioneer Metals HoldingsSteel, Iron trading, Property
44Yan Jiehe & Zhang Yunqin1500 China Pacific Construction CroupInfrastructure
44Ye Lipei1500 Super Ocean GroupProperty
44Zhang Guiping & family1500 Suning Universal Property
by rank
methodology:

Valuing the wealth of China’s richest is as much an art as it is a science. Sure, we have missed some people, but we believe the Hurun Rich List is the most serious attempt to identify China’s top entrepreneurs and to measure their holdings. Our team of researchers has - for the tenth year running - traveled the length and breadth of the country cross-checking information with entrepreneurs, industry experts, journalists, bankers, and regulators, as well as previous years’ databases. The cut-off date for valuation of listed companies was 1 September 2008. The exchange rate used for US$ was RMB 6.8. For non-listed companies, we valued by comparing them with their listed equivalents using prevailing industry Price/Earning ratios. This list relates to Mainland Chinese only, defined as someone born and brought up in Mainland China, no matter what passport they might hold today.

Comment
 namecomment
floor 4 mcdonalds couponsThanks much for this nicely written piece of text.
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floor 2 davidstrongAt that time,entrepreneurs were easy and apt to make fortune
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