6 tycoons who fell from top 10 richest list
Updated: 2014-09-26 07:46 (chinadaily.com.cn)
3 Xu Jiayin
Company: Evergrande Real Estate Group
2014 ranking: 15
2013 ranking: 10
Even though Xu Jiayin's ranking slid down by 5 on the list, his fortune grew 12 percent year on year to 42 billion yuan. Xu recently announced that he is expanding business into agriculture and health industries.
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Jack Ma Yun, Chairman of Alibaba Group, right, and Xu Jiayin, Chairman of Evergrande Real Estate Group, pose during a signing ceremony for Alibaba's buying 50 percent stake in Guangzhou Evergrande soccer club in Guangzhou city, south Chinas Guangdong province, 5 June 2014.[Photo/IC] |
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