Xu Rongmao, known as the "Mansion Godfather", is a low-profile yet legendary figure as China's top richest man. However, since yesterday, he has become well-known in the sports world because his company Shimao Group intends to bid 3 billion yuan to acquire Newcastle United Football Club of the English Premier League.
Unwilling to be listed on the Forbes Rich List
Xu Rongmao has always been low-key. His son Xu Shitan said that his father has never given any exclusive interview to any media. Therefore, before 2001, not many people knew about Xu Rongmao. This year, he appeared on the 5th place of the Forbes China Rich List with a fortune worth 6 billion yuan, and thus became famous.