360° Coverage : Forbes China rich list has 168 billionaires

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Forbes China rich list has 168 billionaires
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Forbes China rich list has 168 billionaires

Oct 17 2013, 3:48am CDT | by IANS

Shanghai, Oct 17 (IANS) The 2013 edition of the Forbes China Rich List has identified a record 168 billionaires in the country.

Shanghai, Oct 17 — The 2013 edition of the Forbes China Rich List has identified a record 168 billionaires in the country. According to the list published Wednesday, the number of billionaires in...

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44 weeks ago

Forbes China rich list has 168 billionaires

Oct 17 2013, 3:48am CDT | by IANS

Shanghai, Oct 17 (IANS) The 2013 edition of the Forbes China Rich List has identified a record 168 billionaires in the country.

Shanghai, Oct 17 — The 2013 edition of the Forbes China Rich List has identified a record 168 billionaires in the country.

According to the list published Wednesday, the number of billionaires in China surpassed the previous high of 113 from last year, and the total fortune of the 400 richest people in the country has topped 3.4746 trillion yuan ($570 billion), a 35 percent increase from last year, Xinhua reported.

Over the past decade, China has become home to one of the world's fastest-growing billionaire populations - a status reinforced by this year's Forbes list gains.

Wang Jianlin, chairman of Dalian Wanda Group, rose to the top spot with a fortune of 86 billion yuan ($14.1 billion) amid a recovery in China's real estate market and Wang's wish to make a mark in the global entertainment industry.

Chinese beverage tycoon Zong Qinghou, the CEO of Wahaha Co., dropped from the top of the list to the number two spot this year with a total fortune of 68.3 billion yuan ($11.1 billion).

China has in recent years become home to the world's largest number of mobile phone and internet users, and internet has produced some of the fastest-growing fortunes on the list, including third-ranked Li Yanhong, CEO of Baidu, China's largest search engine, and Ma Huateng, CEO of Tencent, who ranks fifth on the list.

Eighty-seven new faces appear on the latest list, including Li Hejun, CEO of solar panel producer Hanneng Co., who debuts on the list as China's fourth richest billionaire.

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11

3 hours ago

Seahawks worth less than the average NFL team, says Forbes

Aug 22 2014 7:41am CDT | Source: Seattle Business Journal

Despite being Super Bowl champions, there are 14 National Football League teams more valuable than the Seattle Seahawks, according to Forbes. The magazine reported that the Seahawks are valued at $1.33 billion, with 2013 revenue of $288 million and operating income in 2013 of $27 million. That's behind nearly half the league's teams on the most valuable list, which is headed by the Dallas Cowboys with a value of $3.2 billion. The average NFL team, Forbes reported, i ...
Source: Seattle Business Journal   Full article at: Seattle Business Journal
 

 
Update
10

23 hours ago

Bengals boost valuation but lag behind league, here’s where they rank

Aug 21 2014 10:54am CDT | Source: Cincinnati Business Courier

Mike Brown fans, take heart. The Cincinnati Bengals are now worth almost a billion dollars. But it would take more than three Bengals teams to equal one Dallas Cowboys franchise. They’re worth $3.2 billion. In fact, the Bengals rank as just the 27th most valuable franchise in the 32-team NFL, according to the annual Forbes magazine NFL franchise valuation estimates that came out Wednesday. Forbes estimates the Bengals are now worth $990 million, giving owner Mike Brown a tidy profit on pa ...
Source: Cincinnati Business Courier   Full article at: Cincinnati Business Courier
 

 
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9

1 day ago

Nine Weird Places People Take Conference Calls

Aug 21 2014 9:09am CDT | Source: Forbes Real Time

When my editor and I were going through the final throes of confirming information on my Sept. 8 cover story about Parisian luxury goods purveyor Hermès earlier this week, we held several conference calls with Luisa Kroll, one of Forbes’ wealth experts and, I believe, my hardest-working colleague. She had [.. ...
Source: Forbes Real Time   Full article at: Forbes Real Time
 

 
Update
8

1 day ago

Carolina Panthers' franchise value up 18% over 2013

Aug 21 2014 6:56am CDT | Source: Triangle Business Journal

Critics of the $87.5 million investment of taxpayer money for upgrades to the Carolina Panthers’ stadium may want to avoid the annual NFL franchise values just published by Forbes. According to the financial magazine, Jerry Richardson’s franchise is now worth $1.25 billion, an increase of 18 percent from 2013. In the NFL, a league so powerful and confident in its popularity that Super Bowl halftime acts are being asked to pay the league for the privilege of performi ...
Source: Triangle Business Journal   Full article at: Triangle Business Journal
 

 
Update
7

1 day ago

Carolina Panthers' franchise value up 18% over 2013

Aug 21 2014 6:00am CDT | Source: Business Journal of the Greater Triad Area

Critics of the $87.5 million investment of taxpayer money for upgrades to the Carolina Panthers’ stadium may want to avoid the annual NFL franchise values just published by Forbes. According to the financial magazine, Jerry Richardson’s franchise is now worth $1.25 billion, an increase of 18 percent from 2013. In the NFL, a league so powerful and confident in its popularity that Super Bowl halftime acts are being asked to pay the league for the privilege of p ...
Source: Business Journal of the Greater Triad Area   Full article at: Business Journal of the Greater Triad Area
 

 
Update
5

1 day ago

HUL, TCS among world's 100 most innovative firms

Aug 20 2014 11:25pm CDT | Source: Bridgeville Public Library

Forbes' annual 'World's Most Innovative Companies' list has been topped by California-based global cloud computing company Salesforce for ...
Source: Bridgeville Public Library   Full article at: Bridgeville Public Library
 

 
Update
4

1 day ago

Carolina Panthers' franchise value up 18% over 2013

Aug 20 2014 2:39pm CDT | Source: Charlotte Business Journal

Critics of the $87.5 million investment of taxpayer money for upgrades to the Carolina Panthers’ stadium may want to avoid the annual NFL franchise values just published by Forbes. According to the financial magazine, Jerry Richardson’s franchise is now worth $1.25 billion, an increase of 18 percent from 2013. In the NFL, a league so powerful and confident in its popularity that Super Bowl halftime acts are being asked to ...
Source: Charlotte Business Journal   Full article at: Charlotte Business Journal
 

 
Update
3

1 day ago

Jerry Jones' Dallas Cowboys Top $3B in Value

Aug 20 2014 2:38pm CDT | Source: Arkansas Business

The Dallas Cowboys are once again ranked as the top U.S. sports franchise, topping $3 billion value, according t ...
Source: Arkansas Business   Full article at: Arkansas Business
 

 
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2

1 day ago

Charlotte trails Raleigh on list of Best Cities for Working Parents

Aug 20 2014 1:22pm CDT | Source: Charlotte Business Journal

Raleigh ranks No. 22 and Charlotte is No. 30 among the top cities for working parents, according to financial website NerdWallet. The rankings are based on cost of living, cost of child care, quality of available education and the percentage of households with children, Forbes reports. Elsewhere in North Carolina, Winston-Salem ranks No. 36, and Fayetteville is No. 37. No. 1 on the list is Gilb ...
Source: Charlotte Business Journal   Full article at: Charlotte Business Journal
 

 
Update
1

2 days ago

LEAKED: iPhone 6 Will Be Apple's Sharpest Screen Yet (But It Still Won't Be As Sharp As A Samsung) (AAPL)

Aug 20 2014 6:16am CDT | Source: Business Insider

Buried in Apple's latest version of its Xcode development software (an app creation program) is a line of code that seemingly reveals just how impressive the iPhone screen will be. While we've heard a lot about how large the iPhone 6 screen will be, we haven't yet learned what resolution it will be. On August 4, a file that controls where apps are placed on the iPhone's home screen was added to the beta build of development software Xcode. 9to5Mac has spotte ...
Source: Business Insider   Full article at: Business Insider
 

 

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