Newest China Rich List includes several top automobile industry figures

Carmen Lee From Gasgoo.com

Gasgoo.com (Shanghai September 27) - The 2012 version of Hurun Report's China Rich List, listing the richest individuals in China, has officially been released. A report appearing on Gasgoo.com (Chinese) today reveals that five of the top 100 placing figures are active in the Chinese automobile industry.

Sun Guangxin (pictured above) placed 17th in the list, owning assets of 27 billion yuan ($4.26b). Mr. Sun is chairman of the Guanghui Group, which possesses an automobile sales network. Last year, his assets totaled 30 billion yuan ($4.69b), placing 19th on the chart.

Wanxiang Group's President Lu Guanqiu (pictured below) directly followed Mr. Sun with total assets of 26 billion yuan ($4.11b). Wanxiang is the country's largest auto parts enterprise.

Great Wall CEO Wei Jianjun ranked 35th on this year's list, rising from 255th on last year's list. Guangzhou Youngy Investment and Management Group's Lv Xiangyang and Geely Group Chairman Li Shufu ranked 73nd and 82nd, respectively. Their respective assets totaled 12 billion yuan ($1.89b) and 11.5 billion yuan ($1.82b). Especially worth noting is that Mr. Li rose all the way from 255th place last year to his current ranking.

BYD Chairman and CEO Wang Chuanfu placed just out of the top 100 with total assets ten billion yuan ($1.58b).

Aside from the above, a total of 32 automobile industry figures placed among in the 1,000 people list.

 

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