Sunday, October 12, 2008

Wong Kwong Yu

Wong Kwong Yu, , also often called Huang Guangyu in mainland China, is the Chairman of Gome Group, which is the largest consumer electronics retailer in China. He had a net worth of US$1.7 billion as of 2005, according to Forbes Magazine's world's richest people ranking. In 2005, the richest man in China according to .

In 2006, he was forced by regulations to sell off 25% of Gome Group, as listed in Hong Kong, making his net worth US$2.5 billion, according to some sources. His amibitious goals include "making Gome one of the 500 largest companies in the world by 2008".

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