国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

Wanda's Wang Jianlin takes back the richest crown from Alibaba's Jack Ma

By Shi Jing (chinadaily.com.cn) Updated: 2015-10-15 13:56

Wanda's Wang Jianlin takes back the richest crown from Alibaba's Jack Ma

Wang Jianlin, Chairman of Wanda Group, at a press conference in Shanghai, March 21, 2014. [Photo/IC]

Wang Jianlin, 61, chairman of property giant Wanda Group, took back the number one position from Jack Ma of Alibaba Group Holdings Ltd after 52 percent rise in fortune to $34.4 billion, according to the Hurun Rich List 2015 released in Shanghai on Thursday.

The rise of Wang can mainly be attributed to a 10-fold increase in his newly listed cinema chain. Five years ago, 90 percent of his wealth came from real estate. But he has now managed to diversify away from real estate, which now only makes up half of his wealth.

On the international front, Wang has moved away from making acquisitions of properties to concentrate on sports marketing, highlighted by a 20 percent stake in Spanish soccer giant Atlético de Madrid, the purchase of the World Triathlon Corporation for $650 million and a billion-dollar acquisition of a Swiss-based sports marketing company.

Wang has also overtaken Li Ka-Shing of Hong Kong to become the richest Chinese in the world.

Last year's richest Chinese man Jack Ma saw his wealth shrunk 3 percent to $22.7 billion, mainly due to a plunge in the value of Alibaba share prices. But Ma's kingdom is now propped up by the continued rise of Ant Financial, the financial arm of Alibaba. Ant Financial is warming up to be one of the most anticipated listings of next year, after another round of investment in July valuing it $45 billion.

Zong Qinghou, 70, along with his family, occupied the third spot with a net worth of $21.1 billion, up 8 percent year-on-year. Celebrated as "beverage king", Zong was number one in 2010 and 2012.

Pony Ma, 44, CEO of Tencent Holding Ltd, climbs to the fourth on the list with his wealth increasing 11 percent to $18.8 billion based on Tencent stock. He is also one of the world's most active venture capitalists. Two recent high-profile co-investments with Jack Ma are taxi booking application DidiKuaidi, run by fellow billionaire Cheng Wei, and the merged entities of Meituan and Dianping. Both DidiKuaidi and the new merged entity have valuations of $15 billion.

"Renewable Energy King" Li Hejun, chairman of Hanergy Holding Group, saw his wealth halve to just under $10 billion and he fell to 12th spot, after Hanergy suspended trading in May. He was on the third place a year ago.

High-profile Liu Qiangdong, founder and chairman of JD.com.cn, saw his fortune decline by 16 percent, resulting in his position on the rich list falling to 28th, on the back of a poor share performance of e-retailer JD.

Hot Topics

Editor's Picks
...
全南县| 庆安县| 乐至县| 金阳县| 镇巴县| 兰溪市| 杭州市| 都匀市| 济南市| 二连浩特市| 和顺县| 弥渡县| 长治市| 长葛市| 石泉县| 许昌市| 陕西省| 平和县| 邵东县| 唐海县| 赣榆县| 绥阳县| 南郑县| 山东| 如皋市| 淮阳县| 礼泉县| 秀山| 清水河县| 增城市| 来宾市| 曲麻莱县| 泰来县| 新昌县| 宜黄县| 大新县| 辰溪县| 永顺县| 射洪县| 扶绥县| 宜都市|