Date: 4 October 2011
Fuyao Glass Industry Group (FYG) chairperson Cho Tak Wong and Yu Awu, moreover of Fuyao, along with Xinyi Glass owner Lee Yin Yee, all were enclosed on the list.
Wong, who reportedly owns 20 percent of FYG, is ranked at #99—with an estimated net value of roughly $1.2 billion. On final year’s Forbes list of the tip 400 richest Chinese, the 69-year-old Wong ranked at #43, with an estimated net value of $1.8 billion.
Awu, along with his family, moreover ranked 99th on the list, with an estimated net value of roughly $1.2 billion as well. Forbes says not all of the 65-year-old Awu’s riches comes from the glass business, though; he owns 65 percent of Zhejiang Ming Jewelry, that he shares with his son, Yu Tuliang. Awu and his son together ranked at #366 on final year’s Forbes list, with an estimated net value at that time of $450 million.
Read more: autoforwindows.com/auto-windows/chinese-auto-glass-manufacturers-and-their-leaders-rank-high-in-recent-listings/
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