Name Huang Rulun | ||
Palace respects china s probe into huang rulun
Huang Rulun is a Chinese billionaire, head of the privately held real estate developer, Century Golden Resources Group.
Contents
- Palace respects china s probe into huang rulun
- Duterte Chinese tycoon unveil mega drug rehab center
- Early life
- As a trader in the Philippines
- Return to China
- References
In May 2015, Forbes estimated his net worth at $4.0 billion.
Duterte, Chinese tycoon unveil 'mega' drug rehab center
Early life
Huang was born to a poor family in the town of Lianjiang in Fujian, China. Huang initially worked as a street vendor in China.
As a trader in the Philippines
In 1986 Huang went to the Philippines where he had a successful stint as a trader.
Return to China
At age 40, Huang moved back to China and established the Fuzhou Golden Resource Property Corporation. His company had a joint venture with the local government of Fuzhou to build his first project, the Guotai Tower amidst a commercial property boom in Southern China in the early 1990s. Huang built more commercial properties in the next three years. During this period he also started to build residential projects before new resrictions on commercial development was imposed in 1994. Huang did not rely much on outside financing as he prefers to use his own capital.