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Wang was boosted to the number one spot when a June 30th filing revealed the worth of his company's retail and entertainment businesses.
A few things to know about Wang — he's 58, from western China near the border with Tibet, comes from a military family, and is known for singing Tibetan and Mongolian folk songs at meetings.
That sounds very Buffett-like...
To get the full break down of Wang's wealth, head to Bloomberg>