Introduction:
Xu Rongmao is from Shishi, Fujian. 200 1 became famous, making Xu the fifth richest man in Forbes list for the first time. Shimao Investment became the largest shareholder of Vientiane Group after acquiring 62.5 million state-owned shares of Vientiane Group, and Xu Rongmao became the chairman of Vientiane Group. 200 1, Vientiane Group changed its name to Shimao. Xu Rongmao's family ranked third in the Hurun Rich List in 2009 with a net worth of 32 billion.