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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2340

Fortune of HUI Ka Yan, chairman of China Evergrande surge at least by US$10 billion

Hong Kong, 01 June, (Asiantribune.com):

Hui Ka Yan, chairman of China Evergrande Group, has seen his fortune surge by at least $10 billion this year as shares of his property company have almost tripled.

Hui’s net worth jumped 132 percent to reach 17.2 billion, making him the sixth-richest person in China, according to the Bloomberg Billionaires Index, which doesn’t reflect a jump in shares in Hong Kong on Monday. The shares rose 17 percent to HK$14.52 at 11:07 a.m.

Hui’s relative wealth gain is the second-largest in Asia this year, behind only Wang Weiwhose net worth jumped 373 percent after his S.F. Holding went public in Shenzhen through a backdoor listing, according to data compiled by Bloomberg.

Hui’s riches rose faster this year than those of billionaires such as Larry Page and Sergey Brin, the co-founders of Alphabet Inc., and Microsoft Inc.’s Bill Gates.

- Asian Tribune -

Fortune  of HUI Ka Yan, chairman of China Evergrande surge at least by  US$10 billion
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