Who is the richest man in Chinese mainland?

King Liu Yongxing became the richest man in Forbes China with a net worth of 20.4 billion! ! !

June 30, 2008 10 The Chinese version of the American business magazine Forbes officially released the 2008 Forbes China Rich List today. Liu Yongxing, a tycoon in feed and aluminum industry, was named as the new "richest man in China".

The Liu family used to be one of the richest families in China. In 2002, the Liu family was one of the few families in China whose wealth exceeded 8 billion. From 65438 to 0982, the Liu family began to raise quails and chickens, and made Hope Group one of the largest feed producers in China. From 65438 to 0995, Liu Yongxing moved to Shanghai. His east hope Group is still one of the largest feed enterprises in China and owns an aluminum smelter. This year, Liu Yongxing's net assets reached 20.4 billion yuan, an increase of 2.32 billion yuan over last year.

Last year, the ranking of the richest man, Yang, fell to the third place. Due to the slowdown of China's real estate market, her wealth has shrunk by as much as 65.438+00605 billion yuan, while Yang's wealth is only 65.438+0565438+000 billion yuan.

Since the beginning of this year, the Chinese mainland stock market has fallen by 60%, while the Hong Kong stock market has fallen by 50%. The total wealth of the 400 richest people in China has decreased by about 45%-from 2157.7 billion yuan in 2007 to1174.4 billion yuan.

At the press conference of Forbes China Rich List held today, Mr. Fan, a senior editor of Forbes and producer of China Rich List, said: "The global financial crisis, the slowdown of economic growth, the appreciation of RMB and the implementation of the new labor law have all dealt a blow to China's export trade as one of the economic pillars. In addition, in response to the real estate bubble, the government introduced a credit tightening policy. All these factors have caused the wealth of the rich in China to shrink seriously. "

Forbes Chinese edition 165438+ October magazine made a special report on the top 40 of this year's rich list. Compared with 2007, many rich people broke into the top 40 this year, among which Metersbonwe Bang Wei's Zhou ranked fifth with a wealth of 654.38+0.36 billion yuan. The bosses of the two steel enterprises are also worth mentioning. Du Shuanghua of Rizhao Iron and Steel and Zhang Zhixiang of Jianlong Iron and Steel ranked 8th and 2nd respectively with wealth of 1088 billion yuan and 7.68 billion yuan.

At the same time, some rich people fell out of the top 40, such as Rong Zhijian of CITIC Pacific and Zhang Yin of nine dragons paper, who once topped the list. Zhang Yin's wealth is currently1800 million yuan, compared with 25.35 billion yuan last year. Nine dragons paper's share price has fallen by 95% compared with its peak period, which also reflects the current situation that Guangdong's exports have declined due to the global economic slowdown.

There are also many rich people returning to the top 40. The most striking thing is Ding Lei of Netease, once the richest man in China, now ranked 17, with a net worth of 8.5 billion yuan. Netease's share price rose13 in the past 12 months, and its profit in the fourth quarter also increased by 40%. Netease's flagship game "Fantasy Westward Journey" ranks among the top ten downloads. Ding Lei signed a contract with American game developer Blizzard Entertainment to release StarCraft II and online game platform Battle.net in Chinese mainland.

The calculation of China's rich list is based on the stock price and exchange rate in June 65438+1October 65438+July 2008. The only exception is CITIC Pacific, whose share price fell by 55% in the week after June 65438+1October 65438+July, and the wealth lost by Rong Zhijian was deducted when making the list.