Guo Guangchang The billionaire chairman of China’s Fosun Group is “unreachable”, according to respected Chinese finance magazine Caixin. 48-year-old Guo Guangchang, known as “China’s Warren Buffett”, is worth an estimated $6.9 billion (£4.5 billion). His investment group, Fosun, owns Club Med and Cirque du Soleil among others. Guangchang is a student of Buffett’s investment philosophy, pursuing insurance companies as a base for his investments. (more…)
Source: The Real Deal
