Huang Rulun – Billionaire

Huang Rulun is a Chinese billionaire, head of the privately held real estate developer, Century Golden Resources Group.

In May 2015, Forbes estimated his net worth at $4.0 billion.

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.

Business career

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.

Source:wikipedia