Energy boss overtakes IT mogul as China’s richest: survey – Yahoo News
Department of Energy. The report noted a 1,200 percent growth in solar capacity since 2008 and projected continued growth in the years ahead. View photo . SolarCity Corp (NASDAQ: SCTY ) showed the most strength among U.S. solar companies, trading at $52.18, up 7.35 percent.
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View photo Jack Ma, founder of Chinese e-commerce giant Alibaba, has been overtaken as China’s richest man according to a new wealth survey (AFP Photo/Jewel Samad) A Chinese solar energy tycoon has replaced e-commerce giant Alibaba’s founder Jack Ma as the country’s richest man with a fortune of $26 billion, a wealth survey showed Tuesday. Li Hejun, founder and chairman of Beijing-based Hanergy, saw his wealth nearly triple from a year ago, according to the Hurun Report’s Global Rich List 2015. He is now the wealthiest person in China and his global ranking went up 108 notches to number 28, the list showed. Ma claimed the title in mainland China last year after Alibaba completed the world’s biggest IPO with its $25 billion listing on the New York Stock Exchange in September. He dropped to third place in the country with a fortune of $24.5 billion, it said.
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