Tuesday, January 29, 2008

Guo Guangchang


Net Worth: $4.85 billion
Age: 40

Company: Fosun
Industry: NA
City: Shanghai

Shanghai's richest resident took his main holding company, Fosun International, public in August; says it was 6th-most-oversubscribed offering in Hong Kong stock exchange history at the time; reportedly attracted such investors as legendary Li Ka-shing. Chairman and chief executive cofounded Fosun 1992 with fellow Fudan University grads; soon moved into pharmaceuticals, real estate. Other interests now include iron, steel, retail.

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