BYD's Wang Chuanfu tops Forbes China Rich List
- Source: Global Times
- [16:51 December 08 2010]
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Wang Chuanfu
The Forbes top 400 China Rich List was released Thursday in Shanghai, and Wang Chuanfu, the founder of Chinese battery and electric car maker BYD tops the list with a wealth worth $5.8 billion.
Last year Wang ranked 23rd at $1.06 billion; Warren Buffett's investment in BYD in September was a big contributor to Wang's rapid growth in wealth.
Liu Yongxing of East Hope Group and Zong Qinghou from beverage company Wahaha followed Wang with assets worth $5.5 billion and $4.8 billion respectively. Liu topped the Forbes list last year at $3 billion.
Eight of the top 40 people was on the list for the first time.
Forbes 2009 Top 10 Rich List
| Ranking | Name | Wealth | Company |
| 1 | Wang Chuanfu | $5.8 billion | BYD |
| 2 | Liu Yongxing |
$5.5 billion | East Hope Group |
| 3 | Zong Qinghou | $4.8 billion | Wahaha Group |
| 4 | Lu Xiangyang |
$4.1 billion | Guangzhou Youngy Mgt & Investment Group |
| 5 | Yang Huiyan | $3.9 billion | Country Garden |
| 6 | Xu Rongmao | $3.85 billion | Shimao Group |
| 7 | Ma Huateng |
$3.8 billion | Tencent Holdings |
| 8 | Liu Zhongtian | $3.79 billion | China Zhongwang Holdings |
| 9 | Zhang Jindong |
$3.7 billion | Suning Appliances |
| 10 | Wang Jianlin | $3.5 billion | Dalian Wanda Group |
