In 2014, 23.72 million cars were produced in China and 23.49 million cars were sold, up by 7.26 percent and 6.86 percent respectively compared with 2013. The total assets of the top 10 Chinese manufacturers and dealers of cars, parts and components amounted to 250 billion yuan (US$ 39.98 billion) last year.

Here are the top 10 wealthiest men in China’s auto circle in 2014:

 Pang Qinghua

Pang Qinghua [File Photo]

Title: Chairman of Pangda Automobile Trade Co., Ltd

Total personal assets: 7.9 billion yuan

Corporation introduction: Pangda Automobile Trade Co., Ltd. is a large automobile marketing enterprise focusing on the trade of automobiles in China.