Arab Today, arab today energy boss overtakes it mogul as chinas richest
Last Updated : GMT 09:22:24
Arab Today, arab today
Arab Today, arab today

Energy boss overtakes IT mogul as China's richest

Arab Today, arab today

Arab Today, arab today Energy boss overtakes IT mogul as China's richest

Jack Ma, founder of Chinese e-commerce giant Alibaba
Beijing - AFP

A Chinese solar energy tycoon has replaced e-commerce giant Alibaba's founder Jack Ma as the country's richest man with a fortune of $26 billion, a wealth survey showed Tuesday.
Li Hejun, founder and chairman of Beijing-based Hanergy, saw his wealth nearly triple from a year ago, according to the Hurun Report's Global Rich List 2015.
He is now the wealthiest person in China and his global ranking went up 108 notches to number 28, the list showed.
Ma claimed the title in mainland China last year after Alibaba completed the world's biggest IPO with its $25 billion listing on the New York Stock Exchange in September. He dropped to third place in the country with a fortune of $24.5 billion, it said.
Ma was overtaken by Li and property baron Wang Jianlin, owner of the sprawling Wanda Group whose net worth was estimated at $25 billion, the report said.
Li's Hanergy Group was established in 1994 and spans the hydropower, wind power and solar energy industries, according to the company's website.
A report by the London-based Financial Times last month said the group -- the world's largest solar firm by market value -- made its soaring fortune largely through unconventional sales between its listed subsidiary, Hanergy Thin Film Power Group (HTF), and itself.
Shares in the $18 billion Hong Kong-listed HTF have risen more than threefold since the start of 2014, it added.
Bill Gates, co-founder of US technology giant Microsoft, remained the world's richest person on the Hurun global list with a net worth of $85 billion.
He was followed by Mexican telecoms tycoon Carlos Slim ($83 billion) and American investment guru Warren Buffett ($76 billion), the luxury magazine publisher said.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today energy boss overtakes it mogul as chinas richest Arab Today, arab today energy boss overtakes it mogul as chinas richest

 



Arab Today, arab today
Arab Today, arab today Nasima Gamei revives Algerian heritage in jewelries

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives Algerian heritage in jewelries
Arab Today, arab today Saudis await visitors but will they come?

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Mental conflict endures

GMT 07:36 2017 Friday ,24 February

Mental conflict endures
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Wafaa Amer is happy for Sherihan’s return

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday