Tycoon Shen Wenrong, founder of Chinese steel giant Shagang, dies aged 78

The steel tycoon, whose net worth was estimated at 3.7 billion yuan (US$509 million), died from an unspecified illness, his company, Jiangsu Shagang Group, said in a statement on Monday.

Tycoon Shen Wenrong, founder of Chinese steel giant Shagang, dies aged 78

Tycoon Shen Wenrong, founder of Chinese steel giant Shagang, dies aged 78

Tycoon Shen Wenrong, founder of Chinese steel giant Shagang, dies aged 78

Tycoon Shen Wenrong, founder of Chinese steel giant Shagang, dies aged 78
Tycoon Shen Wenrong, founder of Chinese steel giant Shagang, dies aged 78
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