Wu Guangming

Even before the coronavirus outbreak, China’s pharmaceutical and healthcare-related industries have been benefiting from rising household income at home and global aging trends.

Forbes' complete and definitive list of China's 400 richest people.

Here’s the complete 2016 Forbes China Rich List unveiled on Thursday. The list includes both individual and family fortunes. Click here for a list overview. (Rank, Name, Main Company, Wealth Estimate) 1. Wang Jianlin, Wanda Group, Beijing, $33 billion 2. Jack Ma, Alibaba Group, Hangzhou, $28.2 billion 3. Ma Huateng, Tencent, Shenzhen, $24.5 billion 4. [...]

Mainland China grabbed a record 251 spots on the 2016 Forbes Billionaires List, an increase from 213 last year and second in number only to the United States. Here are the listees, presented by their list rank, name, wealth estimate, and source of wealth: 18. Wang Jianlin  (See related story here) Net Worth: [...]

China billionaire Wu Guangming-controlled Jiangsu Yuyue Medical Equipment and Supply plans to sell up to 100 million new shares, raising 2.8 billion yuan, or $438 million, to help pay for new manufacturing facilities to supply China’s growth healthcare-related market. Shenzhen-listed Yuyue Medical said the money would help pay for construction of [...]

Wanda Chairman Wang Jianlin, China's richest man, discussed wealth and philanthropy at the 2015 Forbes China Rich List press conference held in Beijing on Oct. 26. FORBES ASIA has compiled the list of China's Richest for 2015. Here are the top 100 wealthiest Chinese, based on stock prices and exchange rates [...]

Alibaba Group Holding founder Jack Ma is making further bets on China’s healthcare sector. Yunfeng Capital, a private fund co-founded by Ma, and other investors will pump 880 million yuan ($142million) in China Resources Wandong Medical Equipment, a Beijing-based manufacturer of medical imaging devices. Yunfeng has agreed to spend 200 million [...]

(Click here for the introduction) (Name, main business, age, industry, wealth) 1. Li Hejun, Hanergy Holding Group, 48, renewable energy, $31.3 billion 2. Wang Jianlin, Dalian Wanda Group, 61, real estate, $29.6 billion 3. Jack Ma, Alibaba Group, 51, e-commerce, $23.4 billion 4. Ma Huateng, Tencent, 44, internet media, $20.9 billion 5. Robin Li, Baidu, 46, [...]

Mainland China has a record 213 members on the 2015 Forbes Billionaires List, an increase from 152 last year and second only to the United States. Here are the listees, presented by their list rank, name, wealth estimate, and source of wealth: 29. Wang Jianlin Net Worth: $24.2 B Source of wealth: real estate 33. Jack [...]

China is already one of the world’s top three drug markets, and growth in the percentage of its population over 50 years of age in the coming decades will further expand sales. Which Chinese entrepreneurs in pharmaceutical and healthcare-related fields may be poised to benefit from that growth? Here’s a [...]

The cover of the Forbes Billionaires List issue back in 1996 asked the question: “Is the 21st the Asian Century?”  In the five years to 1996, the U.S. share of the world’s billionaires had edged down to 33% from 35%.   Asia, including Japan, had increased to 28% from 25%. Though [...]

Mainland China has a record 152 citizens on the 2014 Forbes Billionaires List, second only to the United States. Here are the members, presented by their list rank, name, main business and wealth estimate: 64. Wang Jianlin, Dalian Wanda Group, $15.1 billion 80. Ma Huateng, Tencent Holdings, $13.4 billion 91. Li Robin, Baidu, [...]

A record 168 billionaires made the 2013 Forbes China Rich List unveiled last Wednesday, up from 113 billionaires in 2012.  Here’s a list of the members of that elite group. (List rank, listee's name, main company name, estimated wealth)   1. Wang Jianlin, Dalian Wanda Group, $14.1 billion 2. Zong Qinghou, Hangzhou Wahaha Group, [...]

When you think of small and medium-sized businesses, you might not think of great fortunes. Yet more than a dozen entrepreneural successes from the 2012 Forbes China Rich List published last October have ownership ties to the group of publicly traded mainland Chinese companies that made the new 2013 Best Under a Billion List unveiled [...]

Here’s the complete 2012 Forbes China Rich List 400 unveiled in Shanghai today by Forbes China, the licensed Chinese-language edition of Forbes magazine: Click here to see a gallery of China's 100 Richest  (Rank, Name, Main Company, Residence, Wealth Estimate) 1. Zong Qinghou, Hangzhou Wahaha Group, Hangzhou, $10 billion 2. Li Robin, Baidu, Beijing, $8.1 [...]

Asia only five years ago didn't have any business schools in the top 20 in global rankings. Now, there are four: China Europe International Business School, or CEIBS,  HKUST Business School, the Indian School of Business and the Indian Institute of Management. If John Quelch is successful, one of those [...]