Internet Service Provider Joins China's Billionaire Ranks

Geng Diangen, chairman of Beijing Sinnet Technology, has joined the ranks of the world’s billionaires following gains in the share price of the Shenzhen-listed Internet service provider. Sinnet’s revenue and net profit in 2014 was 434.5 million yuan and 95 million yuan, or $70 million and $15 million, both up 41%.

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