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Four Dongguan businessmen on Forbes billionaire list

Four Dongguan businessmen on Forbes billionaire list

Write: Clarice [2011-05-20]

Four Dongguan businessmen on Forbes billionaire list

Four Dongguan businessmen, Zhang Zhidong, Zhang Yin, Zhang Zhongneng and Zhang Chengfei (from left to right) have found their names on the Forbes list of World Billionaires 2011.

A total of 115 businesspeople from the Chinese mainland have found their names on the Forbes list of World Billionaires 2011, among which there are four from Dongguan City, Guanggdong Province. The four billionaires are Zhang Zhidong, Zhang Yin, Zhang Zhongneng and Zhang Chengfei.

Zhang Zhidong, one of the founders and Chief Technology Officer (CTO) of Tencent, the biggest-ever Chinese IM operator, ranks 595th in the list with personal wealth of USD 2 billion.

As the founder and director of the family company Nine Dragons Paper Holdings, which recycles paper into cardboard boxes, Zhang Yin ranks 782nd on this year's Forbes World Billionaires List with USD 1.6 billion wealth. Her younger brother, Zhang Chengfei, co-founder and the deputy chief executive of Nine Dragons ranks 1056th in the list with USD 1.1 billion. This is the third time both the sister and brother have made the list since Forbes began to calculate Zhang Yin's family wealth separately as of 2009.

Zhang Zhongneng, the actual controller of the listed company East Sunshine Aluminum came in 938th with USD 1.3 billion. Zhang Zhongneng, from Dongyang City of East China's Zhejiang Province, is the founder of HEC Group Co. Its headquarter is located in Chang'an Township of Dongguan.

Actually the four businessmen have found their names on all types of rich lists for many times. In Forbes' mainland China list 2010 released last October, 5 people in Dongguan surnamed Zhang made the list including the four mentioned above, though the ranking order and wealth of each billionaire varies. Zhang Yuping, Chairman of Xinyu Hengdeli Holdings who made the list in Forbes China Rich List failed Forbes World's Billionaires List with RMB 5.3 billion though the gap was close.

With 214 new billionaires joining Forbes' 25th annual ranking, the number of "the richest people on the planet" swelled to 1,209, the largest number since the U.S. magazine started to compile relevant data.
Li Ka-shing from Hong Kong was still the richest person in China, with US$26 billion, ranking No. 11 on the list, and the only Chinese in the top 20.

Robin Li, founder of China's biggest searching engine company Baidu, was the richest on the mainland and has become the first person on the mainland to be ranked among the top 100. He came in 95th with US$9.4 billion.