Internet Mogul Tops China’s Richest List

The Atanta Journal-Constitution posted a AP report about
China’s new list. According to the list by Asiamoney magazine, Ding Lei, founder of NetEast.com Inc., has a fortune estimated at $900 million. He was followed by Larry Yung, head of the government-backed investment company Citic Pacific Ltd., who has $850 million.

The annual list of 100 millionaires compiled by Rupert Hoogewerf, an independent Shanghai-based researcher, is seen as a barometer of the economy and China’s economic reforms. millionaires.

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