China’s Richest: Ranking of the wealthiest people in China, 2023
Zhong Shanshan was the wealthiest person in China, with an estimated net worth of 62 billion U.S. dollars, followed by Ma Huateng (No. 2, $38.6 billion), Huang Zheng or Colin Huang (No. 3, $37.2 billion) and Zeng Yuqun (No. 4, $34.4 billion).
Zhang Yiming is the fifth-richest person in China, with a whopping $33.7 billion. Ding Lei ranked 6th with a personal wealth of $33.1 billion, followed by Li Ka-shing & Victor Li with $28.9 billion. He Xiangjian is placed 8th with a net worth of $27.5 billion. Li Shufu ($24.1 billion) occupied the 9th position among China’s top 10 wealthiest people.
Ranking of the wealthiest people in China, 2023
| Rank | Name | Wealth US$m | Business | Place of Residence | Key Source of Wealth |
|---|---|---|---|---|---|
| 1 | Zhong Shanshan | 62000 | YST | Zhejiang | Drinks, Pharmaceuticals |
| 2 | Ma Huateng | 38600 | Tencent | Hong Kong | Internet Services |
| 3 | Huang Zheng | 37200 | Pinduoduo | Shanghai | E-Commerce |
| 4 | Zeng Yuqun | 34400 | CATL | Fujian | Battery Technology |
| 5 | Zhang Yiming | 33700 | ByteDance | Beijing | Social Media |
| 6 | Ding Lei | 33100 | Netease | Zhejiang | Internet Services |
| 7 | Li Ka-shing & Victor Li Tzar Kuoi | 28900 | Cheung Kong | Hong Kong | Estate Holding |
| 8 | He Xiangjian & family | 27500 | Midea | Guangdong | Household Appliances, Real Estate |
| 9 | Li Shufu & family | 24100 | Geely | Zhejiang | Car Manufacturing |
| 10 | Ma Yun & family | 23400 | Alibaba | Zhejiang | E-Commerce, Fintech |
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