Property News · October 30, 2017

Sun Hongbin: from outside top 50 to China’s fourth-richest property tycoon in just 12 months


A series of aggressive asset purchases over the past year has propelled real estate magnate Sun Hongbin into China’s top five property billionaires, from outside the top 50, 12 month ago.
His sweeping ascendancy is part of a reshuffle at the top of China’s property wealth ladder, reflected in the annual Hurun property entrepreneurs list, released on Monday.
The list also saw Wanda Group Wang Jianlin, top rich person for last year’s ranking, sliding into the third place,…

Source : South China Morning Post
Read more…Sun Hongbin: from outside top 50 to China’s fourth-richest property tycoon in just 12 months

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