CHINA’S 100 RICHEST
FORBES ASIA
- Sun Piaoyang
$4.1 BILLION S
SOURCE: PHARMACEUTICALS
AGE: ĆĈċƫMARRIED, 1 CHILD
RESIDENCE: LIANYUNGGANG
Sun has turned formerly government-led Jiangsu
Hengrui Medicine into one of the country’s largest
producers of antitumor drugs. The company has
filed for approval to sell 5 drugs in the U.S. so far
this year. Sun became the head of Jiangsu Hengrui
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small factory. The company went public in 2000. - Wu Yajun
$4.1 BILLION S
SOURCE: REAL ESTATE
AGE: 52. DIVORCED
RESIDENCE: BEIJING
Wu is cofounder and chairman of Hong Kong-list-
ed real estate developer LongforČƫ3$% $ƫ/%* !ƫāĊĊăƫ
has built more than 100 projects across China, with
names such as Beijing Jade Mansion and Shanghai
North Paradise Walk. Shares of Longfor are up due
to a rise in the average selling price of its new proj-
ects. Formerly a journalist, Wu cofounded Longfor
with her husband Cai Kui; they divorced in 2012. - Zhao Tao
$3.8 BILLION S
SOURCE: PHARMACEUTICALS
AGE: 50. MARRIED
RESIDENCE: XIAN
Zhao is the chairman of Shandong Buchang
Pharmaceuticals, which makes traditional Chinese
medicine to fight cardiovascular disease. In July
Chinese regulators approved the company’s ap-
plication to go public on the Shanghai exchange.
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"+1! ƫ%ƫāĊĊăƫ 5 ƫ$ +Ě/ƫ" 0$!.Čƫ 1 $ #ċ - Zhou Jianping
$3.75 BILLION T
SOURCE: TEXTILES
AGE: 56. MARRIED
RESIDENCE: JIANGYIN
Zhou chairs Heilan Home, an apparel manufac-
turer and retailer. The Shanghai-listed company
has grown despite competition from online rivals.
Heilan Home added 652 stores in the first half of
the year, bringing its total to more than 4,000.
Zhou got into the apparel business with money he
earned running a photo studio. - Jia Yueting
$4.5 BILLION T
SOURCE: ONLINE VIDEO
AGE: 42. MARRIED
RESIDENCE: BEIJING
Jia has expanded from his online video company,
Shenzhen-listed Leshi Internet Information &
Technology Corp., into sports broadcasting and
electric vehicles with Los Angeles-based Faraday
Future. Despite his ambitions, shares in his LeEco
(previously called LeTV) have fallen 25% since
January amid investor concerns about how Jia
will pull everything together. In July LeEco said
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cash.
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smartphones as well as bicycles and smart TVs
in the U.S.
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- Tong Jinquan
$4.45 BILLION T
SOURCE: REAL ESTATE
AGE: 60. MARRIED
RESIDENCE: SHANGHAI
Tong chairs closely-held real estate developer
Summit Group. Elementary school dropout
Tong built an empire that includes projects in
Shenyang and Anshan. He also owns stakes
in 3 Singapore real estate investment trusts
and Seadrill, an Oslo-listed ofshore drilling
contractor. In late 2016 his Summit Group will
open Chengdu Longemont hotels in the city of
Chengdu; the project includes 3-, 4- and 5-star
hotels with a total of 3,240 rooms. - Ma Jianrong
$4.3 BILLION S
SOURCE: TEXTILES, APPAREL
AGE: 52. MARRIED
RESIDENCE: NINGBO
Chairman of knitwear-maker Shenzhou Interna-
tional. (See p. 78.) - Xu Bo
$4.2 BILLION Ì
SOURCE: GAMES
AGE: 38
RESIDENCE: GUANGZHOU
Xu, a newcomer, is founder and chairman of
Guangzhou Duoyi Network, an online- and
mobile-game company. Xu started the predeces-
sor to Duoyi in 2006 with an investment from
Kingsoft Corp. He purchased Kingsoft’s stake in
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!//ċƫ! 2 ! 1 !/ƫ#.! 3 ƫ0+ƫĸĂāĈƫ)%((%+ƫ%ƫĂĀāĆċ - Zhang Jindong
$4.15 BILLION T
SOURCE: RETAIL
AGE: 53. MARRIED, 2 CHILDREN
RESIDENCE: NANJING
Zhang’s Suning Commerce Group, one of China’s
largest appliance retailers, has been struggling. Suning
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net loss in the first half of 2016. In June his firm Suning
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%( ƫ
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online broadcaster PPTV. Last year Zhang sold 20% of
Suning’s retail chain to Jack Ma’s Alibaba.
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