“Kong Dongmei, now in her early 40s, and husband Chen Dongsheng ranked 242th with personal wealth estimated at five billion yuan ($815 million) on a rich list released this month by New Fortune, a Chinese financial magazine. Kong is the grand-daughter of Mao and his third wife He Zizhen. In 2001 she founded a book store in Beijing selling publications about Mao and promoting ‘Red Culture’ after studying at the University of Pennsylvania in the US. The couple have two daughters and a son, said New Fortune — likely to be a violation of China’s one-child policy.”
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