UCLA Center for East Asian Studies
China's Richest Individuals
Forbes Magazine Lists the 50 Richest Chinese for 1999Name Age Business Estimated Assets Rong Yiren 83 Diversified $ 1 billion* Liu Yongxing 51 Animal Feed, Chicken Farming $ 800 million Lu Haitian 52 Television Manufacturing $ 600 million Li Xiaohua 48 Real Estate And Construction $ 250 million Wu Bingxing 62 Health Care $ 600 million Huang Hongsheng 45 Television Sets $ 250 million Zhang Hongwei 46 Construction And Trade $120-$180 million Zhang Siming 36 Health Care, Real Estate $240 million Wu Zhijian 40 Trading, Printing, Taxi Services $150 million Luo Zhongfu 49 Real Estate, Construction Materials, Trading $ 150 million Wu Yijian 38 Real Estate, Financial Services $ 200 million Gao Feng 59 Wool $ 150 million Zhang Xingming 39 Trading $ 475 million* Fang Xiaowen 35 Farming $120 million Zhang Guoxi 49 Wood Carving, Real Estate $120 million Mou Qizhong 59 Trade With Russia, Investments $ 250 million* Cheng Jinyi 39 Food, Real Estate, Water $ 60 million* He Boquan 40 Soft Drinks $ 85 million Xian Duxing 39 Building Materials $ 75 million Xie Shengming 40 Pharmaceuticals $300 million* ( Xie owns 25%) Zhang Can 34 Computers, Real Estate, Pharmaceuticals $ 40 million Lou Zhongfu 44 Construction, Real Estate $ 55 million* Lu Junxiong 32 Real Estate, Stamps $ 60 million Liu Yanling Late 40's Real Estate, Trade Tens of millions of dollars Lu Youzhen 42 Real Estate, Finance, Communications, Transport And Aircraft $ 35 million* Jiang Wei 45 Healthcare $ 60 million Han Wei 45 Real Estate, Beverages, Farming $ 35 million* He Luming 49 Environmental Technology $ 15 million Huang Wuxue 52 Railway Transport $ 15 million Lai Huiwu 51 Health Care $ 25 million * Li Jing 50 Jewelry And Real Estate $ 12 million Li Jingwei 54 Sports Drinks $ 180 million* Li Yikui 49 Pharmaceuticals $ 12 million* Rubia Kadell 54 Trading, Travel, Real Estate $ 25 million Shi Shanling 55 Water Supply Devices, Electronics, Engineering And Soft Drinks $ 35 million Sun Feng 47 Electronics, Real Estate And Trade $ 12 million+ Wang Guangying 80 Trading And Finance Not available Wang Xiangling 54 Fertilizers Tens of millions of dollars Xiong Jianming 43 Construction Materials $ 65 million* Zhang Ligeng 42 Manufacturing $ 13 million Zhao Zhangguang 57 Real Estate And Personal Care $ 25 million Cai Pingjie 43 Seafood $ 3 million Dong Jiming 59 Telecommunications $ 6 million He Xiangjian 58 Electronics $ 12 million* Liu Xiaoqing 40 Entertainment And Real Estate Not available Nian Guangjiu 55 Melon Farming Not Available Wang Mingxing 55 Farming $ 12 million Wu Kai N/A Share Trading $ 12 million Xiang Bingwei 44 Textiles $ 30 million Zhang Chaoying (Charles) 35 Internet Search Engine (Sohu.Com) $ 1 million* * denotes company holdings
Source: Forbes Magazine http://www.forbes.comLast Updated on 12/15/00
By Cathy Mach
Email: cmach@isop.ucla.edu