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Janitors at this China lenses firm are becoming millionaires thanks to this stock’s 9,500% rally

China

Janitors at this China lenses firm are becoming millionaires thanks to this stock’s 9,500% rally

Bloomberg Published on Wed, Jun 06, 2018 / 8:34 AM GMT+8

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HONG KONG / SHANGHAI (June 6): At most big companies, it’s pretty clear who the millionaires are: top executives, rainmakers, science whizzes with PhDs.

But at China’s Sunny Optical Technology Group -- whose stock has climbed faster than any other in MSCI Inc.’s global indexes over the past decade -- the richest employees are just as likely to be factory workers, janitors and cafeteria chefs.

The lens maker’s unusual decision to hand out stakes to early employees, regardless of their position, has turned hundreds of them into millionaires, according to data compiled by Bloomberg. The previously unreported value of their holdings has ballooned as Sunny Optical’s shares surged more than 9,500% since May 2008, trouncing even Netflix Inc.’s 7,500% gain.

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Janitors at this China lenses firm are becoming millionaires thanks to this stock’s 9,500% rally

China

Janitors at this China lenses firm are becoming millionaires thanks to this stock’s 9,500% rally

Primary tabs

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Janitors at this China lenses firm are becoming millionaires thanks to this stock’s 9,500% rally

China

Janitors at this China lenses firm are becoming millionaires thanks to this stock’s 9,500% rally

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