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Technology Stocks : Baidu (BIDU)
BIDU 123.82+2.8%Dec 19 9:30 AM EST

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From: Sr K12/4/2013 3:32:53 PM
   of 2098
 
bloomberg.com

Robin Li Passes Wang Jianlin as China’s Wealthiest Man
By Bloomberg News - Dec 4, 2013 12:56 AM ET

Robin Li passed Wang Jianlin as the richest man in China today by just $64 million, according to the Bloomberg Billionaire Index.

The founder of China’s largest Internet search engine Baidu Inc., has become the wealthiest individual in the world’s second-biggest economy, 14 days after he took the No. 2 spot. Li’s net worth has climbed by $4.8 billion, or 65 percent, to $12.231 billion so far this year as Baidu shares rallied. Wang, chairman of closely-held Dalian Wanda Group, has seen his fortune rise by $2.9 billion to $12.167 billion in 2013. Four of China’s top billionaires are worth about $12 billion.
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