ANTHONY KWAN/BLOOMBERG
- Liu Zhongtian
$3.1 BILLION S
SOURCE: ALUMINUM PRODUCTS
AGE: 52. MARRIED
RESIDENCE: LIAOYANG
Liu leads Hong Kong-listed aluminum manufac-
turer China Zhongwang Holdings, which has
been in the news this year. In September Liu de-
nied reports that his company might be dodging
U.S. tarifs by first storing a reported 6% of the
world’s aluminum in Mexico. That followed news
in late August that Zhongwang USA LLC, owned
by Liu, agreed to buy aluminum processor Aleris
of Cleveland for $1.1 billion. - Simon Xie
$2.95 BILLION S
SOURCE: ALIBABA
AGE: 45.
RESIDENCE: HANGZHOU
The Alibaba Group cofounder has been the
trusted financial confidant of the e-commerce
company’s leader, Jack Ma (No. 2), since 1999.
Xie owns a minority stake in online-payments
service Ant Financial, valued by investors at
$60 billion in April. He has invested in listed TV
production firm Beijing Enlight Media. - Fu Liquan
$2.9 BILLION S
SOURCE: MANUFACTURING
AGE: 48. MARRIED, 1 CHILD
RESIDENCE: HANGZHOU
Founder of surveillance firm Zhejiang Dahua
Technology. (See p. 83.) - Chanchai
Ruayrungruang
$2.9 BILLION S
SOURCE: DIVERSIFIED
AGE: 62.
RESIDENCE: BEIJING
Chinese-Thai businessman’s privately held Reign-
wood Group has the exclusive production rights
for the Red Bull energy drink in China and oper-
ates the Reignwood Center in Beijing, an oice,
hotel and retail complex. He is a founding partner
of and philanthropic donor to the Schwarzman
College of Tsinghua University launched in Sep-
tember and also funded by billionaire Blackstone
Group Chairman Stephen Schwarzman.- Li Shuirong
$3.1 BILLION S
SOURCE: PETROCHEMICALS
AGE: 60. MARRIED, 1 CHILD
RESIDENCE: HANGZHOU
The longtime list member chairs Zhejiang Rong-
sheng Holding Group, whose main business is
Shenzhen-listed Rongsheng Petro Chemical; the
stock has surged more than 50% in the past 12
months. In September Rongsheng Holding signed
a preliminary agreement with Shell China to
cooperate in technology, sales and management.
Rongsheng Holding also has investments in real
estate, trading, logistics and thermal power. - Zhang Xin
$3.2 BILLION S
SOURCE: REAL ESTATE
AGE: 51. MARRIED, 2 CHILDREN
RESIDENCE: BEIJING
Longtime list member Zhang, CEO of real estate developer Soho China, got a $600 million bump in
her fortune since last year as shares climbed amid increased occupancy and higher rents at the com-
pany’s oice towers in Shanghai and Beijing. Since entering the shared-oice-space business last year,
Soho has become one of China’s largest players, renting out more than 13,000 desks. Her husband,
Pan Shi, shares Zhang’s fortune and is Soho’s chairman. The Beijing residents are active philanthropists. - Jacky Xu
$3.15 BILLION 3
SOURCE: FASHION RETAIL
AGE: 44.
RESIDENCE: GUANGZHOU
Xu runs and owns most of Trendy International, a
popular apparel company with brands that include
Ochirly and Five Plus. L Capital, a private equity
group backed by French luxury goods giant LVMH,
bought a reported 10% of Trendy in 2011 for $200
million. The company is reportedly eyeing an IPO
within the coming year. Xu returns to the list as
a result of new information about Trendy and an
upswing in apparel company values.
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