date:Oct 13, 2012
ges, analysts and China's regulatory agencies.
Public fortunes were calculated based on stock prices and exchange rates as of Sept 21. Private companies were valued based on similar companies that are publicly traded.
Compared to Zong and Wang, others in the demanding consumer sector did not fare as well, however.
Zhang Jindong, the chairman of Suning Appliance Co Ltd, saw a drop in his value of $2.4 billion, even as he opened up a commanding market lead over longtime rival Gome Electrical Ap