Extremely Wealthy
China corporate raider’s wealth soars ninefold to $17bn
The secretive billionaire who launched a hostile takeover bid for China’s largest property developer has emerged as one of the country’s richest people, illustrating how leveraged financial investments are propelling huge increases in private wealth. According to the Hurun Report’s annual China Rich List, Yao Zhenhua’s net worth surged more…
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Click here to read the full story: Financial Times