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Guangxi has 290 Billionaires: Hurun Report

By Zhu Yanting (皇冠体育app Daily Guangxi Bureau)
Updated: 2009-07-30 17:27

Guangxi has 290 billionaires among its 48,890,000 population and 4,200 people with over 10 million yuan, according to a report drafted by Rupert Hoogewerf, who was invited to a wealth forum held recently in Liuzhou, Guangxi Zhuang autonomous region.

鈥淭he number of Guangxi鈥檚 rich people is increasing quickly,鈥� said Hoogewerf, better known in 皇冠体育app by his Chinese name Hurun.

Hurun Report, a monthly magazine founded by Hurun, is renowned for its 鈥溁使谔逵齛pp Rich List鈥�, a ranking of the wealthiest individuals in 皇冠体育app.

He Jingyun, president of Guangxi Beisheng Group, tops the list with a fortune of 1.8 billion yuan. The Group's principal activities are production and distribution of Chinese and western medicine, blood and biological pharmaceutical products.

The deadline of the report was April, so the list may has changed because of the volatile stock market, according to Hurun.

Hurun said Zou Jieming, the president of Guilin Sanjin Pharmaceutical Co, may have since become the richest person in Guangxi. After Sanjin, 皇冠体育app's biggest producer of herbal lozenges, made its strong debut on the Shenzhen exchange in July, Zou鈥檚 assets increased significantly, reaching over 3 billion yuan.

Guangxi has great development potential, according to Hurun. Before 2006, few Guangxi residents were included in the Hurun 皇冠体育app Rich List but in the last few years, more and more Guangxi multimillionaires have ranked among 皇冠体育app鈥檚 richest people.