• Homepage
  • Rankings
  • With 594 Richest People, China Has Outdone America In The Number Of Billionaires, 2016

With 594 Richest People, China Has Outdone America In The Number Of Billionaires, 2016

With 594 Richest People, China Has Outdone America In The Number Of Billionaires, 2016

With a personal fortune of $32.1 billion, property mogul Wang Jianlin, the chairman of Dalian Wanda Group, held off Alibaba’s high-profile Founder Jack Ma to retain the crown of China’s richest man, according to Shanghai-based luxury magazine publisher Hurun Report, 2016.

Wanda boss Wang Jianlin was followed by Alibaba’s Jack Ma, ranked the 2nd richest with a net worth of $30.6 billion and Ma Huateng also known as Pony Ma, head of the online gaming and communications giant Tencent, ranked the 3rd richest with a net worth of $24.6 billion.

The biggest riser this year was mysterious tycoon Yao Zhenhua, the 46-year old chairman of property and insurance conglomerate Baoneng, powered 200 places up the list to become China’s 4th richest person, with a net worth of $17.2 billion, the report said.

China now has more billionaires than America for the first time in history:

Despite economic slowdown in China, there are now 754 Chinese billionaires in the world, China has 594; Hong Kong, Taiwan, and Macao have 94; and there are 66 others in the world, mainly in Southeast Asia —- compared with 535 in America.

Around 24% of the rich list consist of women, a 3% increase from last year – with a net worth of $7.54 billion, Fuwah founder Chen Lihua is the 20th richest person in China. Most of China’s billionaires live in Beijing, followed by Shenzhen, Shanghai and Hangzhou.

2016 Chinese billionaires list: Top 20 Richest People in China

1. Wang Jianlin & family, net worth of $32.1 billion
Company: Wanda
Key Source of Wealth: Real estate, culture

2. Jack Ma & family, net worth of $30.6 billion
Company: Alibaba, Ant Financial
Key Source of Wealth: E-commerce, financial services

3. Pony Ma, net worth of $24.6 billion
Company: Tencent
Key Source of Wealth: IT, entertainment

4. Yao Zhenhua, net worth of $17.2 billion
Company: Baoneng
Key Source of Wealth: Investments, real estate

5. Zong Qinghou & family, net worth of $16.7 billion
Company: Wahaha
Key Source of Wealth: Drinks

6. Yan Hao & family, net worth of $14.9 billion
Company: China Pacific Construction
Key Source of Wealth: Roads

6. William Ding Lei, net worth of $14.9 billion
Company: Netease
Key Source of Wealth: IT, entertainment

8. Robin Li & Melissa Ma, net worth of $14.7 billion
Company: Baidu
Key Source of Wealth: Search engine

9. Lu Zhiqiang & family, net worth of $12.7 billion
Company: Oceanwide
Key Source of Wealth: Real estate, finance, investments

10. Zhang Jindong, net worth of $11.6 billion
Company: Suning
Key Source of Wealth: Retail, real estate

10. Yan Bin, net worth of $11.6 billion
Company: Reignwood
Key Source of Wealth: Red Bull, real estate, investments

10. Xu Jiayin, net worth of $11.6 billion
Company: Evergrande
Key Source of Wealth: Real estate, investments

10. He Xiangjian & He Jianfeng, net worth of $11.6 billion
Company: Midea
Key Source of Wealth: Home appliances

14. Lei Jun, net worth of $9.7 billion
Company: Xiaomi
Key Source of Wealth: Mobile phones, investments

14. Wang Wenyin & Liu Jiehong, net worth of $9.7 billion
Company: Amer
Key Source of Wealth: Cable and copper products

16. Zhang Shiping & family, net worth of $9.1 billion
Company: Weiqiao Pioneering
Key Source of Wealth: Textiles, aluminum

17. Zhang Zhidong, net worth of $8.4 billion
Company: Tencent
Key Source of Wealth: IT, entertainment

18. Lu Guanqiu & family, net worth of $8.2 billion
Company: Wanxiang
Key Source of Wealth: Car parts, real estate, agriculture

19. Shi Yuzhu & family, net worth of $8.1 billion
Company: Giant
Key Source of Wealth: Finance, online games, investments

20. Chen Lihua, net worth of $7.5 billion
Company: Fu Wah
Key Source of Wealth: Real estate, Red sandalwood Museum

You may also be interested in:

Article categories

About author

menu
menu
Share
+1
Share
Email
Buffer