Posted on 10/15/2013 8:09:22 PM PDT by TexGrill
The 2013 edition of the Forbes China Rich List published today identifies a record 168 billionaires from the country, surpassing the previous high of 146 in 2011 and last year’s total of 113. The increase adds to China’s standing as a country with one of the world’s fastest-growing number of billionaires in the past decade.
Real estate tycoon Wang Jianlin, chairman of Dalian Wanda Group, ascends to the No. 1 spot from No. 3 with a fortune worth $14.1 billion, an increase from $8 billion year, amid a recovery in the country’s real estate market. Underscoring his wish to make a mark in the global entertainment industry, Wang in September flew in Leonardo Dicaprio, Nicole Kidman and other international movie stars to the eastern Chinese city of Qingdao for the launch of a $8 billion mini-Hollywood complex.
(Excerpt) Read more at forbes.com ...
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