What is Huo Qinghua's Net Worth?
Huo Qinghua is a Chinese businessman who has a net worth of $1.12 billion. Huo Qinghua is the chairman of China Kingho Energy Group Co. Ltd., a coal mining and coal gasification business, and Wealthy Mining Pty. Ltd. In 2001 Qinghua signed a memo with Mozambique announcing they would build a coal terminal at the Beira port, as well as upgrade the Sena railway that links to the Moatize coal mines and improve transportation infrastructure.
The company also had a planned development deal In Pakistan that fell through. In 2011 China Kingho's assets were valued at nearly 40 billion Yuan. They have also signed a memorandum of understanding to work with Runge, an Australian mining consultancy. Huo Quinghua is married and lives in Beijing, China.
Who's Richer?
