Troubled business people of the year

0 CommentsPrint E-mail China.org.cn, November 23, 2010
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     Editor's notes:

      Here are this year's top10 troubled business people. This year, those people, either  

      tycoons or  start-ups in their areas, are busy grappling with troubles that may tarnish

      their own images or their companies.

     

 1. Huang Guangyu, former chairman of Gome                         

 Recommendation:    



Jailed tycoon Huang Guangyu lost his battle to wrestle back control of Gome Electrical Appliances, China's second largest electronics retailer.

Relate readings:

Huang Guangyu responds to voting results

• Jailed tycoon loses battle for Gome

•  Huang battles hard for control of Gome

Company profile: Gome



 

 2. Terry Gou, head of Foxconn                                   

 Recommendation:    



 

This year couldn't have been worse for Taiwan's richest man. Terry Gou was deeply troubled by high suicide rate in his company manufacturing products and part for HP, Apple.   

Rlated readings:

  Foxconn worker falls to death in Shenzhen

  Foxconn hikes salaries again after suicides

•  Foxconn says emergencies are over



 

 3. Ma Huateng, chairman of Tencent                                    

 Recommendation:    



 

The founder of Tencent has been revealed to be receiving government housing subsidies in the southern city of Shenzhen, stirring controversy over the use of taxpayers' money. His trouble didn't stop as his company was engaged in a bitter battle with Qihoo360, accusing each other of unfair play.

Related readings:

 •  Qihoo 360 sues Tencent for 1 yuan

 •  Internet giants up in arms

 •  Billionaires buoyed by govt subsidies

Company profile: Tencent



 

 4. Tang Jun, CEO of Xinhuadu                                          

 Recommendation:    



 

Former president of Microsoft China Tang Jun of fabricating his academic credentials in the United Sates.

 

Related readings:

•  'Elites' accused of fabricating college degrees

•  Former Microsoft chief fights back



 

 5. Wang Yi, former VP of CDB                                           

 Recommendation:    



 

Wang Yi, former vice president of the China Development Bank, was sentenced to death with a two-year reprieve on Thursday for taking bribes.

Related readings:

•  Former bank VP sentenced to death for taking bribes 

•  Banker's bribery trial names 2 female celebrities

•  Former top Chinese banking official stands trial for bribery



 

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