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Zhong Shanshan, Ma Huateng, and Yang Huiyan: Three of China’s Wealthiest Lose $16.4 Billion In One Day

The heavy selloff in Hong Kong stock markets has wiped out a combined $16.4 billion from the wealth of 3 Chinese billionaires in just one day. Tencent co-founder Ma Huateng (also known as Pony Ma) led the plunge as his fortune fell by $6.1 billion, while Nongfu Spring Chairman Zhong Shanshan’s dropped $5.6 billion and Country Garden Co-chairman Yang Huiyan’s $4.7 billion.

Zhong Shanshan still remains China’s wealthiest person with a fortune of $62.1 billion, followed by Zhang Yiming (No. 3, $49.5 billion). Pony Ma, China’s richest person, is now 3rd with a net worth of $33.3 billion.

Chinese billionaires: China’s top 20 richest people, 2022

  1. Zhong Shanshan: $62.1 billion
  2. Zhang Yiming: $49.5 billion
  3. Ma Huateng: $33.3 billion
  4. He Xiangjian: $26.6 billion
  5. William Lei Ding: $23.8 billion
  6. Li Shufu: $23.6 billion
  7. Wang Wei: $21.9 billion
  8. Jack Ma: $21.8 billion
  9. Qin Yinglin: $21.4 billion
  10. Huang Shilin: $20.2 billion
  11. Jiang Rensheng: $18.7 billion
  12. Wang Chuanfu: $18.6 billion
  13. Pang Kang: $18.2 billion
  14. Fan Hongwei: $18.1 billion
  15. Wang Wenyin: $16.8 billion
  16. Sun Piaoyang: $15.7 billion
  17. Luo Liguo: $15.4 billion
  18. Lu Xiangyang: $15.1 billion
  19. Wei Jianjun & family: $14.3 billion
  20. Yang Huiyan & family: $13.6 billion

Chinese billionaires: China's top 20 richest people, 2022

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Anna Papadopoulos
Anna Papadopoulos is a senior money, wealth, and asset management reporter at CEOWORLD magazine, covering consumer issues, investing and financial communities + author of the CEOWORLD magazine newsletter, writing about money with an enthusiasm unknown to mankind. You can follow CEOWORLD magazine on Twitter, Facebook, Instagram, or connect on LinkedIn for musings on money, wealth, asset management, millionaires, and billionaires. Email her at