Mr. Huang Yimin, the First Chinese to Own an Island

Mr. Huang Yimin, the First Chinese to Own an Island

Billionaire Mr. Huang Yimin, known as an important investor in the petrochemical industry, is the first person in China to own a private island. He bought the Danshanmen Island, situated near the Zhejiang province, for £340,000 ($542,000). He has taken the lease of the island for a period of 50 years.

Mr. Yimin spent twice the amount paid for the lease to transform the island into a paradise for the nature lovers. But this was not his only purpose. Since hunting has become quite a popular hobby, 100 specimens of animals were brought for this purpose. To practice this sport the tourists have to pay $19 as entry fee, $16 as rifle hire and $1.60 per bullet fired from these rifles.Mr. Huang Yimin, the First Chinese to Own an Island