New China Billionaire

New China Billionaire

Employees look on at the stand of Yantai Jereh Oilfield Services Group Co., Ltd. during the 12th China International Petroleum & Petrochemical Technology and Equipment Exhibition, in Beijing. Sun Weijie, chairman of Yantai Jereh Oilfield Services Group Co., has become a billionaire as shares of the Chinese oil equipment and service provider he co-founded surged to a record on news of a supply contract from Venezuela. Photograph: Imaginechina via AP Images