Latest News:  
Beijing   Overcast    23 / 18 ℃  City Forecast

English>>China Business

Wahaha boss tops China rich list

By Yu Ran  (China Daily)

13:43, October 13, 2012

Many of nation's wealthiest suffer due to economic slowdown: Forbes

Slower economic growth took its toll on many of China's 100 biggest fortunes, according to the 2012 Forbes China Rich List, with 45 of them slipping from last year's count and their total assets dropping 7 percent to $220 billion.

Zong Qinghou, the founder and chairman of the beverage producer Hangzhou Wahaha Group Co Ltd, who topped the list in 2010, regained his title as the richest businessmen in China, with a net worth of nearly $10 billion, according to the list.

With an 80 percent share in Wahaha, Forbes said Zong's fortune exceeded 60 billion yuan ($9.57 billion), over 2 billion yuan more than last year.

【1】 【2】 【3】

News we recommend:
China, US battle over auto parts New Silk Road future of trans-Eurasian freight Islands 'purchase' hurts major industry sectors
Global mobile brands find lines busy in China Tough times in the bicycle rental business Gearing up for knowledge economy
Revitalizing China's gloomy exports  New hurdle for Japan's carmakers Secrets of a successful PE firm

Email|Print|Comments(Editor:朱蕤、张茜)

Related Reading

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Marine brigade in actual-weapon firing

  2. Weekly review of military photos

  3. The world in photos (2012.09.08-09.12)

  4. Good harvest in Xinjiang County, China's Shanxi

  5. Gorgeous sunglow scenery in Shanghai

  6. Shipping industry struggles in low demand

  7. 3rd Liu Sanjie Cultural and Tourism Festival opens

  8. Creative --- Celebrities on fingers

Most Popular

Opinions

  1. Commentary: The case for Huawei in US
  2. No joke, China job creator for US
  3. Commentary: Regulating shadow banking
  4. Editorial: Targeted auto support
  5. Japan should admit dispute over Diaoyu Islands
  6. Telecom firms' business mutually beneficial
  7. US never recognizes Japan's claim over Diaoyu
  8. Maintaining multiple perspectives on China
  9. Commentary: Does China need to buy more gold?
  10. Overcrowded holidays call for gov't management

What's happening in China

Crackdown goes underground

  1. Academy's choice is 'surprised but happy'
  2. Driving students shift into high gear
  3. Foreign man dies after motorcycle collides with taxi
  4. China strives to meet air quality standard deadline
  5. Airlines terminate flights to Japan