Meet the New Richest Person in China

Robin Li, who founded China's version of Google, is worth $12.3 billion

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Nelson Ching / Bloomberg / Getty Images

Robin Li, chief executive officer of Baidu Inc., speaks during the company's annual forum in Beijing, China, Sept. 3, 2012.

The founder of China’s largest search engine, Baidu, became the richest person in China Wednesday, according to the Bloomberg Billionaire Index.

Robin Li, who took the number two spot two weeks ago as Baidu shares rallied, was worth $12.231 billion Wednesday, according to Bloomberg. That’s enough to beat out Wang Jianlin, who founded China’s largest commercial property developer and movie theater operator, by $64 million.