Two businessmen from Wuxi, Jiangsu province, have made it to the 370 richest Chinese list published by the Forbes China.
Hailan Group's Zhou Jianping and HOdo Group's Zhou Yaoting ranked 57th and 338th respectively in the ethnic Chinese wealth list revealed by the Chinese version of Forbes magazine.
The magazine known for its 'richest' lists across the globe announced the richest 370 ethnic Chinese billionaires on April 20. Hong Kong tycoon Li Ka-shing topped the list with net assets of $33.3 billion, followed by Lee Shau-kee, chairman of Hong Kong-based Henderson Land Development, with $24.8 billion.
Wang Jianlin, chairman of Wanda Group, ranked third as the richest man from the mainland with wealth worth $24.2 billion. Alibaba's Jack Ma and Hanergy's Li Hejun ranked fourth and fifth.
Zhou Jianping and Zhou Yaoting ranked 330th and 1712th respectively on the global wealth list with net assets of $4.8 billion and $1.1 billion respectively.
About Hailan Group
Headquartered in Jiangyin, Jiangsu province, Hailan Group is a leading garment enterprise with total assets of 50 billion yuan ($8.1 billion). Apart from opening more than 3,000 chain stores across China, the group is also engaged in equity and ship project investment.
About HOdo Group
HOdo Group, located in Wuxi, Jiangsu province, is one of the largest clothing enterprises in the country. Started by making knit vests first, the group has developed 10 subsidiaries and operates in various fields including clothing, rubber tires, bio-medicine and real estate. It went public in the Shanghai Stock Exchange in 2001. In addition to an industrial park in Cambodia, the group has two subsidiary corporations in New York and Los Angeles and its products are exported to more than 20 countries and regions.
Edited by Mevlut Katik
