Zhang Jindong as he appeared on the cover of Forbes Asia in 2006. Forbes AsiaThen Suning Appliance Chairman Zhang Jindong made the cover of the 2006 China Rich List issue of Forbes Asia, successful debuting at No. Zhang will continue as honorary chairman, Suning said yesterday. The ever-deepening digitalization of business and life, a mixed China real estate market, other fallout from the pandemic, and changing norms between the government and private sector are making these challenging times for China’s rich. 1 on the Forbes China Rich List in 2016, Gome founder Wong Kwong Yu, recently ended a jail sentence, but his retail-focused $1.6 billion fortune today is below the $2.3 billion he had in 2006.

Source: Forbes July 14, 2021 01:56 UTC