Top 10 richest Chinese families in 2012
- By Lin Liyao
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E-mail China.org.cn, August 6, 2012
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Xu Jiayin & family (許家印家族)
Wealth value: 33.97 billion yuan (US$5.33 bln)
Company: Evergrande Real Estate Group (恒大地產集團)
Share Holdings: 68.11%
Headquarters: Guangdong
Focus: Real estate
Founded in 1997, Evergrande Real Estate Group Ltd. is a comprehensive large-scale real estate enterprise integrating planning, design, development and construction of real estate and property management. After 15 years development, the group has become one of the most successful real estate enterprises in China with the sales reaching 80.4 billion yuan last year.
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