Top richest people of Shanghai 2011

By Wang Yanfang
0 Comment(s)Print E-mail China.org.cn, June 9, 2011
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132,000 Shanghai residents, or one in 175, has a personal wealth of over 10 million yuan ($ 1.54 million USD) this year. The figure marks an increase of 8.2 percent compared with last year.

Among these richest people, the number of yuan billionaires in Shanghai is 350 and 109 of them has their assets well and transparently documented, according to the Hurun Shanghai Wealth Report 2011.

The report, which tracks assets of those who are headquartered or currently residing in Shanghai, attributes the rise in personal wealth to Shanghai's booming real estate, finance, and investment products sectors. The ratio of rich people working in these industries is higher than the national average, the report said.

In addition, more women rank among Shanghai's richest people than in other parts of China. However, many of these women are not native to Shanghai, with a considerable portion originating from neighboring Zhejiang province.

At age 31, basketball star Yao Ming is the youngest member of yuan billionaires in Shanghai with a wealth of 1 billion yuan.

Following is a list of the 109 yuan billionaires whose assets are well or transparently documented.

Ranking

Name

Net worth (yuan)

Organization

Sector

Birthplace

Stock code

Age

1

Liu Yongxing & family

35 B

East Hope Group

Heavy chemical industry

Xinjin, Sichuan

--

63

2

Xu Rongmao & family

33 B

Shimao Group

Property

Shishi, Fujian

0649.HK &

0813.HK

61

3

Zhou Chengjian & family

23 B

Metersbonwe

Garment industry

Lishui, Zhejiang

002269

46

4

Tong Jinquan

20 B

Summit Property Development

Real Estate

Shaoxing, Zhejiang

--

56

4

Zhang Zhirong

20 B

China Rongsheng Heavy Industries Group Holdings Ltd

Shipbuilding

Rugao, Jiangsu

1101.HK

39

6

Guo Guangchang

18 B

Fosun

Diversified

Zhejiang

600196

44

7

Shi Yuzhu & family

15 B

Giant Interactive Group, Inc.

Online games, Finance

Bengbu, Anhui

NYSE: GA

49

7

Ye Lipei

15 B

Super Ocean Group

Real Estate

Shanghai

--

67

9

Zhong Shengjian

13 B

Yanlord Land

Real Estate, Paper

Lufeng, Guangdong

Z25

53

10

Chen Tianqiao & family

12.5 B

Shanda Interactive Entertainment Limited

Online games 

Shaoxing, Zhejiang

NasdaqGS: SNDA

38

11

Li Xinyan & Ni Yinying

10 B

Lonking Holdings Limited

Infrastructure machinery 

Shanghang, Fujian

3339.HK

60

11

Liu Yiqian

 

10 B

Xinliyi Group

Investments 

Shanghai

--

48

11

Ni Zhaoxing & family

10 B

Zhongrong Group

Real Estate, Energy

Hangzhou, Zhejiang

--

55

14

Dai Zhikang

9 B

Zendai Group

Real Estate

Haimen, Jiangsu

--

47

15

Zhou Qingzhi & Zhao Yilan

8.5 B

Narada Group

Investments

Wenzhou, Zhejiang

--

56 & 33

16

Yu Guoxiang

8 B

New Hengde Property

Real Estate

Xiangshan, Zhejiang

--

41

17

 

Jason Nanchun Jiang

7.5 B

Focus Media

Information technology

Shanghai

FMCN

38

18

Wu Zheng & Yang Lan

7 B

Sun Media Investment Holdings Ltd.

Investments

Shanghai & Beijing

--

45 & 43

18

Zhou Chuanyou

7 B

China Capital Investment Group

Investments, Real Estate, Mining

Shanghai

--

47

20

Liang Xinjun

6.8 B

Fosun

Diversified 

Taizhou, Zhejiang

600196

43

20

Xu Jiankang & family

6.8 B

Powerlong Real Estate

Real Estate

Jinjiang, Fujian

1238.HK

59

20

Yao Yuan & Yao Yong

6.8 B

Mingyuan Group

Real Estate, Pharmaceuticals, Infrastructure

Shandong

HK0233

55 & 54

 

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