China’s Would-Be Warren Buffett Is Missing

Guo Guangchang, a 48-year-old Shanghai-based billionaire and founder and chairman of Fosun, China’s most valuable private conglomerate, has gone missing. A low-resolution, undated image currently circulating on Chinese social network Weibo shows a man who looks like Guo being led away by men in plain clothes.

Chinese investment company Fosun chairman Guo Guangchang visits the Club Med Champs-Elysees Boutique on June 29, 2010. Fosun bought a seven-percent stake in French leisure group Club Med, which is looking to tap the growing Chinese tourism market, the two companies said on June 13, 2010. AFP PHOTO ERIC PIERMONT (Photo credit should read ERIC PIERMONT/AFP/Getty Images)