Hainan Clearwater Bay 2009 Hurun Rich List
·130 USD BILLIONAIRES DESPITE CREDIT CRUNCH
·WARREN BUFFETT MIDAS TOUCH HELPS POWER WANG CHUANFU TO RICHEST MAN IN CHINA
The Hurun 1000 is a snapshot of wealth on 15 September 2009. The exchange rate
used for US$ was RMB 6.8. The list relates to Mainland Chinese only, defined as
someone born and brought up in Mainland China, no matter what passport they
might hold today.
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 eleventh 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. For non-listed companies, we valued by comparing
them with their listed equivalents using prevailing industry Price/Earning
ratios.
Whilst significantly all of Wang Chuanfu’s stock is made up of H-shares that
cannot be freely sold or traded, for valuation purposes, we have – in line with
investment banking standards – valued this type of restricted shares on a par
with fully tradable shares.
- Hainan Clearwater Bay 2009 Hurun Rich List
- 2009 Hurun Low Carbon Rich List
- 2009 Hurun Art List
- 2009 Hurun Most Expensive Chinese Contemporary Artworks
- 2009 Hurun Most Expensive Classical Chinese Paintings & Calligraphies
- 2009 Hurun Philanthropy List
- 2009 Single Year Donation List
- Hurun Corporate Social Responsibility Top Fifty 2009
- Hurun Most Valuable Chinese Brands 2009
- Hurun Most Valuable Privately-Held Chinese Brands 2009