Even as e-commerce and other hi-tech innovations have cranked out a new generation of billionaires, property moguls are still among China’s ultra rich, including one long-time survivor and nimble experimenter, Wang Jianlin.
Three out of China’s 10 richest billionaires made their fortunes in property, capitalising on economic reforms over the past 40 years that propelled property into one of the most important drivers of growth and creators of a middle class.
The three richest with…
Source : South China Morning Post
Read more…China’s property barons fulfilled ordinary families’ dreams – and became fabulously wealthy
