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    Home > Coatings News > Paints and Coatings Market > Industry | 2020 Hurun Global Rich List released 12 paint entrepreneurs including Nippon, Oriental Yuhong, and Sankeshu on the list

    Industry | 2020 Hurun Global Rich List released 12 paint entrepreneurs including Nippon, Oriental Yuhong, and Sankeshu on the list

    • Last Update: 2021-03-28
    • Source: Internet
    • Author: User
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    On February 26, Hurun Research Institute released the "Hurun Global Rich List 2020" (Hurun Global Rich List 2020).
    The deadline for calculating the wealth of entrepreneurs on the list is January 31, 2020.
    This is the ninth consecutive year that the Hurun Research Institute has released the "Global Rich List".
    2,816 billion-dollar entrepreneurs from 71 countries and 2,182 companies are on the "Hurun Global Rich List 2020".
    Among them, the number of global billion-dollar entrepreneurs increased by 346, 607 had their wealth declined, and another 130 people fell out of the list (16 of whom passed away).
    The real estate industry fell the most.
    Despite the constant trade friction between China and the United States, China has 799 entrepreneurs on the list, adding 182 new faces, which is 40% of the total number of new additions on the list, and three times the number of new additions in the United States, reaching 799 billion.
    US dollar entrepreneurs have widened the gap with the United States.
    The United States has 626 entrepreneurs on the list, followed by India, Germany and the United Kingdom, each with more than 100.
    Beijing has become the global capital of billion-dollar entrepreneurs for five consecutive years, with 110 people living in Beijing, 12 more than New York.
    Shanghai surpassed Hong Kong to rank third, Hong Kong fell to fourth, Guangzhou ranked in the top ten newcomers, and Ningbo ranked in the top 30 newcomers.
    A total of 232 people from the Guangdong-Hong Kong-Macao Greater Bay Area made the list, an increase of 35 people from last year.
    The 56-year-old Ma Yun, the richest man in China, grew wealth by 15% and ranked 21st in the world with 45 billion U.
    S.
    dollars (315 billion yuan), up one place from last year.
    Huawei's 76-year-old Ren Zhengfei's wealth increased by 7% to US$3 billion (21 billion yuan), ranking 903th in the world, just like Trump's wealth.
    China's TOP20 China's TOP20 technology industry creation is the main source of wealth, accounting for 18% of the total wealth; followed by investment, accounting for 11%; retail accounting for 9%; real estate accounting for 8.
    5%.
    Calculated by the number of people, the top five industries such as technology, real estate, manufacturing, investment and retail accounted for half of the list.
    Although the new crown pneumonia epidemic in 2020 has had a huge impact on the global economy, especially the Chinese economy, since 2019, Lomon, Nippon , , Ltd.
    ">Oriental Yuhong, Three Trees and other companies have achieved good performance, brand value and influence are increasing day by day.
    According to Huizheng Information, in the coatings and coating raw materials , and waterproof materials industries, a total of 12 entrepreneurs from 8 companies have been on the "2020 Hurun Global Rich List".
    Nippon , Ltd.
    ">Oriental Yuhong Coating Material Coatings and Coatings Raw Material Entrepreneurs Shortlisted List Among the shortlisted coatings and coatings raw material entrepreneurs , the Wu Qingliang family of Singapore Nippon Paint continues to be on the list with a fortune of 10.
    3 billion U.
    S.
    dollars, and its wealth increased by 41% year-on-year; rankings Ranked 172nd, up 59 places.
    Li Weiguo, chairman of Oriental Yuhong, made the list with 2.
    1 billion US dollars, and his wealth increased by 62%, ranking No.
    1,365, rising by 537 places.
    Three Trees Chairman Hong Jie and Lomon Billion Group Chairman Xu Gang made the list for the first time.
    Both have fortunes of US$1.
    2 billion, ranking No.
    2276 on the list.
    It is worth noting that in the "2019 Hurun China Top 500 Private Enterprises" list released in January 2020, Sankeshu was listed with a valuation of 15 billion yuan, ranking 468, becoming a well-deserved coating industry in my country Representatives of private enterprises.
    In addition, Gurbachan Singh Dhingra and Kuldip Singh Dhingra of India Piaget Coatings have increased their wealth by 139% in 2020, and both are on the list with a fortune of 3.
    35 billion US dollars.
    The ranking has risen by 992 and ranked 814th in the list.
    The Sares C.
    Gogs family, Aswan C.
    Gogs family, Mahendra C.
    Gogs family of India Asia Paint have fortunes of 1.
    4 billion, 1.
    3 billion, and 1.
    3 billion US dollars respectively.
    Shortlisted in the list, ranked 2,000th and 2142th respectively.
    In the field of domestic coating materials, in addition to the aforementioned Lomon Billion Group Chairman Xu Gang, there are also 3 entrepreneurs on the list.
    Among them, the wealth of the Li Jiaquan family of the Dragon Mang Group increased by 17%, ranking 1692 on the list with a fortune of 1.
    7 billion US dollars, an increase of 210 places in the ranking.
    Chuanhua Group Chairman Xu Guanju and Vice Chairman Xu Guanbao were shortlisted with savings of US$1.
    4 billion and US$1.
    2 billion respectively.
    Although they are still on the list, their rankings have declined.
    Xu Guanju's ranking dropped from 195 to 2000, and Xu Guanbao's ranking fell from 374 to 2276.
    Xu Guanbao's wealth shrank by 8%.
    In contrast to the performance data, the development of coating companies such as Nippon, Oriental Yuhong, and Sankeshu is still strong.
    According to a recent report from Huizheng Information, despite the global downturn in the automotive market, Nippon Paint’s sales of architectural coatings in Japan and the Americas are strong, coupled with the good sales performance of architectural coatings in China, and the Australian paint manufacturer DuluxGro architectural coatings up  Limited and Turkey Paint manufacturer Betek Boya became its subsidiary, and Nippon Paint achieved sales of 692.
    09 billion yen (approximately US$6.
    305 billion) in 2019, a year-on-year increase of 10.
    3%.
    Oriental Yuhong achieved total operating income of approximately 18.
    139 billion yuan in 2019, a year-on-year increase of 29.
    14%; operating profit was approximately 2.
    652 billion yuan, a year-on-year increase of 45.
    89%; total profit was approximately 2.
    621 billion yuan, a year-on-year increase of 43.
    89%; attributable to listed companies Shareholders’ net profit was approximately 2.
    085 billion yuan, a year-on-year increase of 38.
    25%; basic earnings per share was 1.
    40 yuan per share, a year-on-year increase of 38.
    61%; total assets were approximately 22.
    136 billion yuan, a year-on-year increase of 12.
    64%.
    According to preliminary calculations by the financial department of Sankeshu, it is estimated that the net profit attributable to shareholders of listed companies in 2019 will be between 376 million yuan and 420 million yuan, which will increase by 153.
    51 million yuan to 19751 million yuan compared with the same period of the previous year.
    A year-on-year increase of 69% to 89%; net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses is expected to increase by RMB 13783 million to RMB 188.
    3 million compared with the same period of the previous year, a year-on-year increase of 73% to 96%.
    Hurun Report Chairman and Chief Investigator Hu Run said: “In general, the stock market has performed well in the past year.
    Nasdaq led the way with 26% gains, Indian stocks rose 15%, and Chinese stocks rose 14%.
    The U.
    S.
    dollar continued to strengthen, despite only a slight appreciation of 3% against the renminbi and the euro, and 1% against the Indian rupee.
    The Russian ruble rose by 7% against the U.
    S.
    dollar, reversing the depreciation trend of the past few years.
    " It is understood that the Hurun Research Institute is The world's leading authoritative organization for researching Chinese high-net-worth individuals.
    Hurun Report, headquartered in Shanghai, is a cross-industry omni-media platform featuring rankings and surveys that target Chinese high-net-worth individuals with precise and strong circle marketing.
    It has five major sectors: research and consulting, full media matrix, circle activities and public relations, finance and investment, and Hurun International.
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