27-07-2016, 20:07
https://en.wikipedia.org/wiki/Evergrande_Group
Xu Jiayin the owner is worth 8.7 Billion USD..........................6.6 Billion GBP!!!!!
1 Billion looks like this..... £1,000,000,000........yes a Thousand Million
Minority share holder Jack Ma is worth 20.5 Billion USD which is £16.5 Billion pounds
History[edit]
Formerly called the Hengda Group, Evergrande was founded by Xu Jiayin in the southern Chinese city of Guangzhou in 1996.
In October 2009 the company raised $722 million in an initial public offering on the Hong Kong Stock Exchange.[1]
The group bought football club Guangzhou Evergrande F.C. in 2010 and invested heavily, and under Marcello Lippi they won the 2013 AFC Champions League. The group has a mineral water brand Evergrande Spring (恒大冰泉)[2] and a football tutoring school.
In recent years Chinese property developers like Evergrande and Dalian Wanda have made forays into "alternative, income-generating businesses away from the property market". For example, Evergrande has expanded into solar panels, pig farming, agribusiness, and baby formula
OH MY GOD AND I WAS DISAPPOINTED IT WASN'T THE WANDA GROUP
Xu Jiayin the owner is worth 8.7 Billion USD..........................6.6 Billion GBP!!!!!
1 Billion looks like this..... £1,000,000,000........yes a Thousand Million
Minority share holder Jack Ma is worth 20.5 Billion USD which is £16.5 Billion pounds
History[edit]
Formerly called the Hengda Group, Evergrande was founded by Xu Jiayin in the southern Chinese city of Guangzhou in 1996.
In October 2009 the company raised $722 million in an initial public offering on the Hong Kong Stock Exchange.[1]
The group bought football club Guangzhou Evergrande F.C. in 2010 and invested heavily, and under Marcello Lippi they won the 2013 AFC Champions League. The group has a mineral water brand Evergrande Spring (恒大冰泉)[2] and a football tutoring school.
In recent years Chinese property developers like Evergrande and Dalian Wanda have made forays into "alternative, income-generating businesses away from the property market". For example, Evergrande has expanded into solar panels, pig farming, agribusiness, and baby formula
OH MY GOD AND I WAS DISAPPOINTED IT WASN'T THE WANDA GROUP
BLACK COUNTRY BY BIRTH, ALBION BY THE GRACE OF GOD AND MY OLD MAN
You go in the cage? cage goes in the water, sharks in the water....Our Shark
Ultrinque Paratus
You go in the cage? cage goes in the water, sharks in the water....Our Shark
Ultrinque Paratus