Larry Yung Net Worth

Larry Yung

Birthname: Larry Yung Chi-kin
Birthplace: Shanghai, China
Education: Tianjin University
Profession: Businessman
Net worth: $1,000,000,000
Source of Wealth: CITIC Pacific
Nationality: China
Country: China
Marital Status: Married
Children: 3

Chinese businessman Larry Yung has an estimated net worth of $1 billion as of March 2013 according to Forbes. Yung is best associated with the Hong Kong-based conglomerate CITIC Pacific where he previously served as Chairman of the Board.

Larry Yung Chi-kin was born on January 31, 1942 in Shanghai, China. He was born to Rong Yiren, a businessman turned politician who served as Vice President of China in the 1990's. He is a graduate of Tianjin University with a degree in electronic engineering. Larry Yung is currently married with three children.

Most of Larry Yung's net worth is derived from his minority stakes in CITIC Pacific. In 2009, he opted to resign as Chairman of the company amidst a significant financial crisis.