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12-09-2013, 09:40 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
BEIJING (AFP) - The number of dollar billionaires in China has passed 300 for the first time, an annual ranking of wealth in the world's second-largest economy showed on Wednesday.
The Hurun Report, a luxury magazine publisher, named property tycoon Wang Jianlin as China's new richest person, saying he had more than doubled his worth to US$22 billion (S$28 billion).
There were a total of 315 dollar billionaires in the country, it said, up 64 from a year ago.
The average fortune of the top 1,000 stood at US$1.04 billion - more than double their US$440 million during the global financial crisis five years ago.
http://www.straitstimes.com/sites/straitstimes.com/files/imagecache/story-gallery-featured/20130911/chinesebillionaire110913e.jpg
woman walks with her pet dog at a residential and commercial complex which comprises of shopping malls, office and apartment buildings in a wealthy district in Beijing on Feb 21, 2013. The number of dollar billionaires in China has passed 300 for the first time, an annual ranking of wealth in the world's second-largest economy showed on Wednesday, Sept 11, 2013. -- FILE PHOTO: REUTERS
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?162808-They-don-t-play-play-with-China!!!&goto=newpost).
BEIJING (AFP) - The number of dollar billionaires in China has passed 300 for the first time, an annual ranking of wealth in the world's second-largest economy showed on Wednesday.
The Hurun Report, a luxury magazine publisher, named property tycoon Wang Jianlin as China's new richest person, saying he had more than doubled his worth to US$22 billion (S$28 billion).
There were a total of 315 dollar billionaires in the country, it said, up 64 from a year ago.
The average fortune of the top 1,000 stood at US$1.04 billion - more than double their US$440 million during the global financial crisis five years ago.
http://www.straitstimes.com/sites/straitstimes.com/files/imagecache/story-gallery-featured/20130911/chinesebillionaire110913e.jpg
woman walks with her pet dog at a residential and commercial complex which comprises of shopping malls, office and apartment buildings in a wealthy district in Beijing on Feb 21, 2013. The number of dollar billionaires in China has passed 300 for the first time, an annual ranking of wealth in the world's second-largest economy showed on Wednesday, Sept 11, 2013. -- FILE PHOTO: REUTERS
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?162808-They-don-t-play-play-with-China!!!&goto=newpost).