Wahaha's Zong Qinghou heads new Forbes China Rich List

16:53, October 28, 2010      

Email | Print | Subscribe | Comments | Forum 

Zong Qinghou, chairman of Hanzhou-based Wahaha Group, tops the recently-released 2010 Forbes China Rich List with a personal fortune of around 8 billion U.S. dollars, according to China National Radio on Thursday.

The 65-year-old Zong was also named China's richest man by the Hurun Rich List in September.

The rest of the top ten in the rich list in order are Li Yanhong, CEO of Baidu, Liang Wengen, chairman of Sany Group, Zhang Jindong, chairman of Suning Appliance, Li Li and his wife of Hai Purui, He Xiangjian, chairman of Guangdong Midea Group, Liu Yongxing, chairman of East Hope Group, Wu Yanjun couple of Longfor Group, Ma Huateng, CEO of Tencent and Wang Chuanfu, chairman of BYD.

There are not big differences between the Forbes Rich List and Hurun Rich List, published a month ago. Both the lists included the 10 people mentioned above except the ranking is slightly different.

The 2010 Forbes China Rich List shows two things, said Zhou Jiangong, editor in chief of Chinese version of Forbes.

First, the capital market had impact on the list. Some new rich, such as Li Li and his wife, increased their wealth by issuing stocks and IPO, which has considerable impact.

Second, there are significant changes in important industries and moderate changes in the retail industry. The personal fortune of Zhang Jindong, chairman of Suning Appliance, grew 50 percent compared to last year. While, the personal wealth of the real estate tycoons Zhang Guiping and Zhu Mengyi shrunk drastically.

By Liang Jun, People's Daily Online


  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Chinese Navy soldiers hold an evening party marking the upcoming 62nd National Day aboard Chinese Navy hospital ship "Peace Ark" in the Pacific on Sept. 28, 2011. The Chinese National Day falls on Oct. 1. (Xinhua/Zha Chunming)
  • Photo taken on Sept. 30, 2011 shows the crowd at the plaza of Beijing Railway Station in Beijing, capital of China. The railway transportation witnessed a travel peak with the approach of the seven-day National Day holidays on Friday. (Xinhua)
  • A man wearing high-heel shoes takes part in the 3rd annual Walk a Mile in Her Shoes, an event when men literally walk in women's shoes to raise awareness about ending violence against women, at Yonge-Dundas Square in Toronto, Canada, Sept. 29, 2011. (Xinhua/Zou Zheng)
  • Photo taken on Sept. 29, 2011 shows a cargo ship in danger on the sea near Zhuhai City, south China's Guangdong Province. Cargo ship Fangzhou 6 of Qingzhou of southwest China's Guangxi Zhuang Autonomous Region lost control after water stormed into its cabin due to Typhoon Nesat on the sea near Zhuhai Thursday, leaving 12 crew members in danger. Rescuers rushed to the ship and saved them by using a helicopter. (Xinhua)
  • Actress Gong Li poses for L'Officiel Magazine. (Xinhua Photo)
  • Demonstrators from the Occupy Wall Street campaign hold placards as they march in the financial district of New York September 29, 2011. After hundreds of protesters were denied access to some areas outside the New York Stock Exchange on September 17, demonstrators set up a rag-tag camp three blocks away. Zuccotti Park is a campground festooned with placards and anti-Wall Street slogans. The group is adding complaints of excessive police force against protesters and police treatment of ethnic minorities and Muslims to its grievances list, which includes bank bailouts, foreclosures and high unemployment. (Xinhua/Reuters Photo)
Hot Forum Discussion