Zhang Rongkun
Encyclopedia
Zhang Rongkun is one of the richest men in China; he was listed as China's 16th richest man on Forbes
's 2005 list of the richest people in China. Zhang was a member of the Chinese People's Political Consultative Conference
and is currently the chairman of Fuxi Investment Holding Company and is a major shareholder in Shanghai Electric Group
. He was a member of the board of directors on Shanghai Electric Group until his resignation in August 2006. In 2008 Zhang was convicted of giving government employees $4.1 million in bribes and was sentenced to 19 years in prison.
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
's 2005 list of the richest people in China. Zhang was a member of the Chinese People's Political Consultative Conference
Chinese People's Political Consultative Conference
The Chinese People's Political Consultative Conference [], shortened as 人民政协, Rénmín Zhèngxié, i.e. "People's PCC"; or just 政协, Zhèngxié, i.e. "The PCC"), abbreviated CPPCC, is a political advisory body in the People's Republic of China...
and is currently the chairman of Fuxi Investment Holding Company and is a major shareholder in Shanghai Electric Group
Shanghai Electric Group
Shanghai Electric is a multinational power generation and electrical equipment manufacturing company headquartered in Shanghai, China...
. He was a member of the board of directors on Shanghai Electric Group until his resignation in August 2006. In 2008 Zhang was convicted of giving government employees $4.1 million in bribes and was sentenced to 19 years in prison.