Post Profile

A look into China's billionaire ‘red aristocracy'

The Stream, a social media community with a daily TV show on Al Jazeera, has put together content from different social media sources about Chinese billionaires, known as the ‘red aristocracy' for their connections with Communist Party leadership. Written by Violeta Camarasa · comments (0) Share: Donate · facebook ·...
read more


Related Posts

China Turnaround Billionaire Fang Wei Under Investigation

Business & Finance : China Wealth

, a Chinese billionaire who built a fortune by obtaining stakes in underperforming state-owned companies and turning their business around, is under government investigation, the online edition of the Communist Party-published Peopl...

China Now Has A Record 400 Billionaires And Billionaire Families; Greater China 500+

Business & Finance : Forbes: Business

A rally in stock prices to seven-year highs in mainland China has lifted the number of Chinese billionaires and billionaire families to a record 400, according to estimates by Forbes. That’s an increase from the then-record 242 that...

DMG’s Backdoor Listing Turns Peter Xiao Into China’s Latest Billionaire

Business & Finance : China Wealth

The backdoor listing of Yinji Entertainment and Media, also known as DMG Media, has turned company chairman Peter Xiao into China’s latest billionaire. Sichuan Gaojin Food, previously a meat processor, said on Friday it had issued 8...

Chinese Billionaire Lei Jun’s Kingsoft Buys 12.7% Stake In 21Vianet For $172 Mln

Business & Finance : China Wealth

Chinese billionaire Lei Jun’s Kingsoft Corp. has agreed to buy a 12.7% stake in data store company 21Vianet for $172.0 million, Kingsoft said in a statement today. Lei, better known as the CEO of China’s No. 1 mobile phone vendor Xi...

Zhejiang Daily To Buy Two Companies From China’s Shanda Interactive

Business & Finance : China Wealth

Zhejiang Daily Media Group,  a large and rising state-controlled media company in China, plans to buy two businesses from Shanda Interactive, the online gaming and entertainment company controlled by Chinese billionaire Chen Tianqia...


Copyright © 2016 Regator, LLC