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CHONGQING, CHINA - JUNE 16:  Rupert Hoogewerf ...Rupert Hoogewerf
by Getty Images via Daylife
Huang Guangyu, China’s richest person and chairman of the Gome Holdings, has never been a public figure, says China-rich list compiler Rupert Hoogewerf to Bloomberg after his arrest. Huang has topped his list of richest Chinese three times in a row. Hoogewerf:

“He rarely comes out into public but he’s never been a secretive person.”

Huang has been arrested by the Beijing police is under investigation for economic crimes and is in police custody. Details are still lacking, but in the past a larger number of China’s rich got themselves in problems with the authorities for economic delicts and becoming part of the rich-list was for a while not seen as an asset. That tradition was broken over the past years, but with the arrest of Huang, might show a return.

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Rupert Hoogewerf or Hurun is a speaker at the China Speakers Bureau. When you are interested in having him at your conference, board meeting or panel, do let us know.

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