Fortune: $4.74 billion
Company: Wanxiang Group
Lu Guanqiu, a member of the NPC since 1987, is founder and president of China's largest auto parts manufacturer, Wanxiang Group.
Lu and six other farmers co-founded the company in 1969 with $500 in the eastern city of Hangzhou. The privately held group has become one of China's largest conglomerates with operations in eight countries and a workforce of more than 45,000 people worldwide.
Its businesses now include finance, renewable energy, agriculture, real estate and private equity. Lu's only son and heir apparent is the CEO of the group, while three sons-in-law also hold executive positions, including one who heads the manufacturer's U.S. division founded in 1994. Wanxiang America's yearly sales of more than $2 billion make it one of the most successful Chinese companies to go abroad.
Lu was one of 12 business leaders to accompany Chinese Vice President Xi Jinping on his visit to the U.S. last month. Lu also received much attention in 2011 when he accompanied President Hu Jintao on a state visit to the White House and displayed his company's electric-vehicle dashboards to Chicago Mayor Richard Daley.