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Zhou Yaoting & family – Billionaire

ACTUAL TIME TOTAL ASSETS– since 5/2/17
$ 2 B.

Zhou Yaoting regulates China’s Hodo Team, which has passions in clothing, realty as well as financing.

Clothing manufacturer Hongdou has actually come a lengthy method given that it was started back in 1957 by Zhou Yaoting’s dad as a cotton handling procedure with 3 staff members in a leased room near Wuxi.

Months after, neighborhood authorities required him to combine with 2 various other companies right into exactly what held a government-controlled cumulative.
The family members with time redeemed federal government shares, leading the way for brand-new development that has actually made business one China’s biggest garments manufacturers.

 

 

It is according to Wikipedia

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