Yung still tops Forbes rich list

4 November 2005

China's richest man, Larry Yung, retained top spot on the Forbes magazine list (often called the "death list" because it sparks official investigations) of the country's wealthiest individuals. Yung is chairman of Citic Pacific and the son of a former vice president of China. His net worth is estimated at US$1.64 billion. Property developer Zhu Mengyi and his family are second richest with US$1.43 billion, followed by the Netease.com founder William Ding with US$1.27 billion.