Word: jianguo
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Dates: during 2005-2005
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...Jianguo remembers the day he learned what his wealth might cost him. The multimillionaire owner of a Chinese herbal-medicine company, Li was living in Hainan in the early 1990s when a kidnapper snatched his friend's young son from school and demanded $400,000 in ransom. Police rescued the boy, but not before revealing that the kidnapper had been a close friend of both men. Li says he "realized then that as soon as a Chinese person discloses his wealth, danger is waiting." Today he refrains from inviting friends to his opulent Beijing villa, keeps his net worth...
...bodyguards are now in such demand that the top earners can make $5,000 a month. "As China's economy develops, safety problems will increase, and that means businesses like ours will continue to grow," says Li Hongqi, whose recently established Beijing firm supplies the man who shadows Li Jianguo...