Hill inducted into World Entrepreneur hall of fame

New Zealand jeweller Michael Hill was among 50 finalists in the Ernst & Young World Entrepreneur of the Year awards in Monte Carlo at the weekend.

However, the top honour went to Chinese businessman Cao Dewang, chairman of Fuyao Glass Industry Group.

Fuyao Glass makes windscreens and other glass products for cars.

The company has claimed half the market in China and is the fourth-biggest firm in its sector globally.

Mr Hill joined winners from 50 nations to meet the international independent panel of judges and to be inducted into the World Entrepreneur Hall of Fame.

Last year in New Zealand, judging panel chairman David Johnson said Mr Hill had the attributes and achievements that defined entrepreneurship.

"The wealth, the public company, the family ethic, he is the kind of person every entrepreneur would want to become."

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