Stock Rally Lifts Chinese Tutoring Entrepreneur Into World's Billionaire Ranks

A big rally in the share price of Chinese after-school tutoring services company TAL Education Group has lifted its CEO Zhang Bangxin into the ranks of the world’s billionaires. TAL Education’s New York-traded shares rose 1.6% overnight to a record $34.57.  They have soared from $21.99 at the end of 2013.

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