Chinese tycoon¹ Huang Guangyu has been sentenced to 14 years in prison after being found guilty of bribery², insider trading and illegal business practices.

中国巨富黄光裕因犯下受贿罪、内幕交易罪和非法经营罪被判处有期徒刑14年。

Huang Guangyu

Huang, who was for a time the richest man in china, was also fined 600 million yuan ($88m), the official Xinhua news agency said.

He built a billion dollar business from almost nothing, after dropping out of（退学，失学） school nearly 30 years ago.

His business grew into a chain of more than 1,300 stores across China.

The Gome chain of domestic appliance（器具，器械） shops was the second largest in the country.

The BBC's Chris Hogg in Shanghai says canny³（精明的，谨慎的） investments in property helped Mr Huang build a fortune estimated to be between $2.7bn (£1.72bn) and $6.3bn at the time of his arrest.

The case was the highest profile yet involving an entrepreneur（企业家） in China.

Accused

In 2008 he topped the Hurun Report's China rich list. A few months later he was arrested.

He had been accused of manipulating share trading for two listed companies - Sanlian Commercial Co and Beijing Centergate Technologies Co, Xinhua reported before his trial.

Gome Appliances Co, a mainland subsidiary（子公司） of the firm Mr Huang founded, was also accused of corporate⁴ bribery.

He stepped down as Gome's chairman last year.