Forbes has just released 400 people from the land of rich Chinese. The total wealth of the 400th person to reach U.S. $ 423 billion, or jump over the previous year to U.S. $ 314 billion.
The richest man in China's number one held by Qinghiu Zong, Wahaha Group, a food entrepreneur. The total wealth of this 65-year-old businessman was U.S. $ 8 billion.
What is interesting precisely the number two position. This ranking is actually held by young entrepreneurs whose name skyrocketed in the information technology industry. He is Robin Li, founder of search engine Baidu Inc., The challenger giant Google.
Robin Li's wealth soared to U.S. $ 4 billion a year to $ 7.2 billion. Breakout 42-year-old entrepreneur wealth was driven by the rapid growth of Internet users in China. Baidu's shares surged 143 percent in this year.
Robin Li did not this time just enter Forbes list of wealthy businessmen. In fact, last year he entered the world's richest people list at number 258.
Wealth Ma Li and his wife Melissa, doubled in a year. Baidu's stock price continues rising, thanks to a sleek performance, and successfully faced tough competition against Google.
Li is known not only as the founder, now he also became chairman and chief executive officer of Baidu, Inc.. He became the controlling figure of the Internet company from the Bamboo Curtain country as a whole, including the matter of strategy and business operations.
Within nine years after Baidu was founded in January 2000, Li has successfully brought the largest search engine Baidu in China, which controls more than 70 percent market share. Baidu is also the third largest independent search engine in the world.
In 2005, Baidu successfully completed an IPO on the NASDAQ exchange. In 2007 also, Baidu became the first Chinese company that entered the ranks of the NASDAQ-100 Index.
Prior to founding Baidu, Li is one of the search engine experts in the world. Hyperlink analysis his patented in 1996, is one of the findings on which the formation of Baidu's search engine technology.
Initially, he worked as a staff engineer for Infoseek in Silicon Valley, the pioneer in the Internet search engine company, from July 1997 to December 1999, then as a senior consultant for IDD Information Services from May 1994 until June 1997.
Li received his Bachelor of Science Degree in Information Management from Peking University in 1991, and obtained his Master of Science Degree in Computer Science from State University of New York in 1994
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