Tuesday, May 17, 2011

Ronnie & Gerald Chan


Richer than you. Hong Kong real estate developer Ronnie Chan is bullish on China. So he had a good-natured quip about fellow billionaire and famed short-seller James Chanos when asked about the financier's big bet that China's headed for a spectacular crash. "I'm wealthier," Chan said during a Better Hong Kong Foundation luncheon at architectural firm Kohn Pedersen Fox yesterday, The Post's Chuck Bennett reports. "He doesn't understand the ABC's of China," added Chan, who was on the board of ill-fated Enron when Chanos began shorting the company and made a mint. Ronnie and brother Gerald are worth an estimated $3.5 billion, according to Forbes, while Chanos' Kynikos Associates is worth about $3 billion. - NY Post

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