Pursuits
China’s ‘Inconvenient Truth’ Yields Environment Billionaires
This article is for subscribers only.
Two Chinese entrepreneurs became billionaires on Tuesday as their companies rose to records on the prospect of new pollution laws after a Chinese documentary similar to “An Inconvenient Truth” sparked interest in environmentalism.
Zhang Kaiyuan, chairman of Beijing SPC Environment Protection Tech Co., has a net worth of $1.1 billion, while Ao Xiaoqiang, chairman of Beijing SDL Technology Co., has a $1.2 billion fortune, according to the Bloomberg Billionaires Index. Both companies are based in Beijing.