Huang Guangyu Story

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1. Guest3162
   

   Can you imagine Huang Started out twenty-one years ago with just a single stall by a Beijing roadside, and built one of China's biggest companies, home appliance retailer Gome Electrical Appliances Holdings Ltd.
   
   Along the way, Huang also amassed a personal fortune of as much as $6 billion US, making him China's richest individual.
   
   He has stores in all major cities in china.  As of June this year, the company had 828 stores in 198 Chinese cities, selling everything from Dell computers to Apple I-pods. According to the company's own estimates, it enjoys a 12 per cent share of the China's electrical retail market. Its latest earnings report indicates profits topped 1.6 billion yuan ($235 million US) in the first nine months of this year, an increase of more than 111 per cent on 2007.

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