Ranking of the 25 richest people in China as of 2018
Ranking of the 25 richest people in China as of August 2018 (in billion yuan)
This graph shows a ranking of the 25 richest people in China as of August 2018. Ma Yun and family ranked first in 2018 with a net wealth of about 270 billion yuan.
Ultra-high net worth individuals (UHNWI) in China – additional information
Net worth refers to the amount of value by which an individual’s assets exceed their liabilities. It is usually cited to demonstrate the economic position of a person. Following China’s extensive economic development over the past two decades, the number of wealthy people had been rapidly growing as well. According to Hurun Research Institute, China was the country with the second largest number of billionaires worldwide as of 2015, with a total number of 430 UHNWI’s. As of 2014, the number of millionaires had amounted to approximately 11,300 people in Beijing alone. Unsurprisingly, the majority of high-net worth individuals lives in first-tier cities, such as Beijing, Guangzhou and Shanghai. As of September 2014, a total of about 471,000 millionaires had resided in East China.
Chinese millionaires have accumulated their wealth primarily as private entrepreneurs. Most of the people listed among the 25 wealthiest Chinese in 2014 had owned their own companies. One example, Li Linyuan, owner of Tiens Group, had recently stunned the world by rewarding his 6,500 employees with the best sales performance with a luxury company tour to France.
Ranking of the 25 richest people in China as of August 2018 (in billion yuan)
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| Wealth in billion yuan | |
|---|---|
| Ma Yun & family (Alibaba) | 270 |
| Xu Jiayin (Evergrande) | 250 |
| Ma Huateng (Tencent) | 240 |
| Yang Huiyan (Country Garden) | 150 |
| Wang Jianlin & family (Wanda) | 140 |
| He Xiangjian & He Jianfeng (Midea) | 130 |
| Wang Wei (Shunfeng Express) | 120 |
| Yan Hao & family (China Pacific Construction) | 120 |
| Li Yanhong & Ma Dongmin (Baidu) | 115 |
| Lei Jun (Xiaomi Technology) | 110 |
| Wang Wenyin (Amer) | 110 |
| Yao Zhenhua (Baoneng) | 100 |
| Huang Zheng (Pinduoduo Online Shopping) | 95 |
| Zhang Zhidong (Tencent) | 95 |
| Zhang Jindong (Suning) | 95 |
| Zong Qinghou & family (Wahaha) | 90 |
| Li Shufu & family (Geely) | 90 |
| Ding Lei (NetEase) | 90 |
| Xu Rongmao & family (Shimao) | 85 |
| Sun Piaoyang & family (Hnegrui Medicine) | 82.5 |
| Lu Zhiqiang (FanHai) | 80 |
| Chen Jianhua & family (Hengli) | 79 |
| Yan Bin (Reignwood) | 78 |
| Liu Qiangdong (JD) | 75 |
| Lin Li (Liye) | 67 |
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