Wong Kwong Yu is a Chinese businessman who has a net worth of $1.6 billion. Wong Kwong Yu made his way to billionaires’ ranks as the largest shareholder in Gome, one of China’s leading electrical appliance chains. Once the richest person in China, he is in the midst of a 14-year jail sentence for committing several economic crimes.
But still, he saw an increase in his wealth from a year ago thanks to a 50% rebound in Gome’s Hong Kong-trade share price
| Net Worth: | $1.6 Billion |