2008 China IT Rich List

 
by Region:
 by Birthplace:
2008 ranknamewealth USD$mcompanyindustry
1Li Yanhong1900 BaiduSearch engine
2Ma Huateng1800 TencentInstant messaging, Web portal, Online games
3Ding Lei1400 NeteaseWeb portal, Online games
4Chen Tianqiao & family1300 Shanda Online games
5Shi Yuzhu1200 Giant InvestmentsOnline games
6Wang Wenjing850 UFIDA Software Software
7Ma Yun & family740 AlibabaE-marketplace, Online auction
8Zhang Chaoyang710 Sohu Web portal, Online games
9Meng Qingnan & family680 Wuhan Fingu Electronic TechnologyIT equipment
10Zhang Zhidong660 TencentInstant messaging, Online games, Web portal, C2C
11Rong Xiuli620 K-TouchMobile phones
12Dai Weili590 MarvellSemiconductor , Cabling, wireless hand-held device
13Xu Yong530 BaiduSearch engine
14Zhang Qiang & ZhangZhong510 Tongguang Cable GroupCabling
14Zhang Shengfei510 Shenghua Cable GroupCabling
16Pan Zhengmin & Wu Chunyuan490 AAC Acoustic TechnologiesAcoustic Technology
17Jiang Nanchun440 Focus MediaMulti-channel advertising
18Gao Yunfeng380 HanslaserIT equipment
18Jiang Xipei380 Jiangsu Far East GroupCabling
18Wang Chuanfu380 BYDmobile phones
21Chi Yufeng340 Perfect WorldOnline games, software
21Guo Man340 AirMediaMedia
21Wang Xin340 Beijing Rising CorpAnti-virus software
24Feng Jun320 Beijing Huaqi Digital products
24Xue Xiangdong & family320 DHC Digital Technology Sofeware, System intergration & IT related services
26Chen Guoying & family290 GMTechCommunication services
27Li Zhongchu280 Shiji Information Technology IT
27Zhou Guohui280 Eternal AsiaSupply chain solutions
29Gu Yunkui & family260 Jiangsu Yongding GroupCabling
30Liu Changle250 PhoenixTVMedia
30Lv Xiangyang250 Guangzhou Youngy Management & Investment GroupMobile phones
30Wang Jianyi250 Futong GroupCabling
30Yu Yijie250 Xingle GroupCabling
34Cui Genliang240 Hengtong GroupCabling
35Chen Yizhou210 Oak Pacific Interactive GroupWeb portals, IT
35Liu Dejian & brother210 NetDragonOnline games
35Zhou Quanli210 Dalian Huanyu Yangguang GroupTelecommunication equipment
38Liu Xu190 Beijing Rising CorpAnti-virus software
38Mo Tianquan190 SouFunWeb portal
38Wu Ruiling190 Qiaoxing GroupTelecommunication equipment
38Zheng Zhongnan & family190 Nanyang Cable GroupCabling
42Hou Jun180 AutoNavi SoftwareNavigation software
42Sun Qingyan180 Zhejiang Fuchunjiang GroupCommunication equipment
44Cai Qingchu & family160 Telsda GroupCommunication terminal
44He Jilun160 TimeShare MediaMedia
44Hua Xin160 Maipu Communication GroupCommunication equipment
44Wu Haijun160 Xintianxia GroupComputers
44Xu Yusuo & Chen Guangzhu160 Invengo Information Technology RFID production, Solutions
44Yang Wenjiang160 Guangzhou KingTeller Technology Electronic production
44Zheng Baozhen160 Baofeng Cable Cabling
methodology:

The 2008 Hurun IT Rich List looks at the wealth created by the IT sector only. For example Li Yanhong is valued at US$2.4 billion on the 2008 Hurun Rich List but US$1.9 billion on the 2008 Hurun IT Rich List as the other US$500 million comes from cashed-out shares. Our team of researchers has - for the tenth year running - travelled the length and breadth of the country cross-checking information with entrepreneurs, industry experts, journalists, bankers, and regulators, as well as previous years’ databases. The cut-off date for valuation of listed companies was 1 September 2008. The exchange rate used for US$ 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.

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