Chen Jiulin

Chen Jiulin (Chinese: 陈久霖) was born on October 20, 1961, and he is the former Managing Director and CEO of China Aviation Oil (Singapore) Corporation Ltd (CAO). During his leadership, CAO's net asset worth increased from US$176,000 to US$150,000,000, an increase of 85,200%. The market cap rose to 1.1 billion US dollars, which was 5,022 times the original value. Due to these incredible accomplishments, Chen Jiulin became a business legend and was named "The King of Aviation Oil".

In 2004, CAO suffered huge losses due to oil future trading. Chen was forced to leave the company and was arrested by the Singapore police. In March 2006, the Singapore court sentenced Chen Jiulin to four years and three months imprisonment. Chen Jiulin served 1035 days in Singapore prison and was released on bail on January 20, 2009.

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