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Data & Strategy

Chinese billionaires who got richer during the COVID-19 pandemic

20 richest Chinese billionaires are booming — with a collective wealth that ballooned by $331.26 billion to more than $649 billion during the pandemic, according to a CEOWORLD magazine analysis. Zhong Shanshan, China’s richest person, fattened his wallet by some $71.4 billion to about $78.2 billion, as of January 3, 2021. Colin Huang also did quite well, as his net worth grew by $43.0 billion, jumping $62.6 billion, the data shows. China’s billionaire class had a smashing 2020.

Pony Ma is also among the Chinese billionaires — who had a great 2020, adding $17.8 billion to his pile, which now totals $56.4 billion. RICH GETTING RICHER: Jack Ma fattened his wallet by some $3.97 billion to about $50.6 billion. CEOWORLD magazine estimates that the 20 richest Chinese billionaires billionaires have collectively gotten $331.26 billion richer in 2020. China’s top 20 billionaires are worth an estimated $649 billion, based on CEOWORLD magazine’ calculations using stock prices from January 3, 2021.

No one in China has had a better 2020 than Zhong Shanshan, whose fortune has grown an astonishing $71.4 billion this year to nearly $78.2 billion, making him the richest person in China.

Who’s Getting Rich ?

These Chinese billionaires have gained the most in 2020.

  1. Zhong Shanshan
    Net worth: $78.2 billion
    Net worth year-over-year change: Up by $71.4 billion in the last year.
  2. Colin Huang
    Net worth: $62.6 billion
    Net worth year-over-year change: Up by $43.0 billion in the last year.
  3. Pony Ma
    Net worth: $56.4 billion
    Net worth year-over-year change: Up by $17.8 billion in the last year.
  4. Jack Ma
    Net worth: $50.6 billion
    Net worth year-over-year change: Up by $3.97 billion in the last year.
  5. He Xiangjian
    Net worth: $36.8 billion
    Net worth year-over-year change: Up by $13.2 billion in the last year.
  6. Pang Kang
    Net worth: $31.9 billion
    Net worth year-over-year change: Up by $19.0 billion in the last year.
  7. Lei Jun
    Net worth: $31.3 billion
    Net worth year-over-year change: Up by $20.2 billion in the last year.
  8. William Ding
    Net worth: $30.5 billion
    Net worth year-over-year change: Up by $11.9 billion in the last year.
  9. Yang Huiyan
    Net worth: $30.0 billion
    Net worth year-over-year change: Up by $3.10 billion in the last year.
  10. Wang Wei
    Net worth: $25.1 billion
    Net worth year-over-year change: Up by $16.7 billion in the last year.
  11. Zhang Yiming
    Net worth: $25.0 billion
    Net worth year-over-year change: Up by $12.0 billion in the last year.
  12. Zhang Zhidong
    Net worth: $24.2 billion
    Net worth year-over-year change: Up by $8.05 billion in the last year.
  13. Qin Yinglin
    Net worth: $22.8 billion
    Net worth year-over-year change: Up by $13.6 billion in the last year.
  14. Li Shu Fu
    Net worth: $22.2 billion
    Net worth year-over-year change: Up by $9.96 billion in the last year.
  15. Wang Xing
    Net worth: $21.8 billion
    Net worth year-over-year change: Up by $14.3 billion in the last year.
  16. Sun Piaoyang
    Net worth: $21.3 billion
    Net worth year-over-year change: Up by $7.98 billion in the last year.
  17. Chen Bang
    Net worth: $20.5 billion
    Net worth year-over-year change: Up by $13.8 billion in the last year.
  18. Zhong Huijuan
    Net worth: $19.8 billion
    Net worth year-over-year change: Up by $6.05 billion in the last year.
  19. Richard Liu
    Net worth: $19.7 billion
    Net worth year-over-year change: Up by $11.5 billion in the last year.
  20. Jiang Rensheng
    Net worth: $18.3 billion
    Net worth year-over-year change: Up by $13.3 billion in the last year.

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Prof. Dr. Amarendra Bhushan Dhiraj, Ph.D., DBA
Prof. Dr. Amarendra Bhushan Dhiraj, Ph.D., DBA, is a publishing executive and economist who serves as CEO and Editor-in-Chief of CEOWORLD Magazine, one of the world's most influential and widely read business publications. He also chairs its Advisory Board, shaping the magazine’s editorial vision and global strategy.

Dr. Amarendra earned his Ph.D. in Finance and Banking from the European Global School, Paris, a Doctorate in Chartered Accountancy from the European International University, Paris, and a Doctorate in Business Administration (DBA) from Kyiv National University of Technologies and Design (KNUTD), Ukraine. He also holds an MBA in International Relations and Affairs from the American University of Athens, Alabama.

Equal parts economist, strategist, and publishing visionary, Dr. Amarendra has built CEOWORLD Magazine into a trusted platform where CEOs, executives, and high-net-worth leaders turn for ideas that matter and insights that last.


Prof. Dr. Amarendra Bhushan Dhiraj, Ph.D., DBA, serves on the Executive Council at CEOWORLD Magazine. Follow him on LinkedIn, Facebook, and Twitter for insights, or explore his official website to learn more about his work.