Top 10 richest people in China, property magnate Wang Jianlin retains his crown
The Hurun Research Institute has released the Hurun Rich List 2016 in association with Forest City. This is the 18th annual ranking of the richest individuals in China.
Rupert Hoogewerf, Hurun Report Chairman and Chief Researcher, said, “Despite a 20% drop in the domestic stock markets and a slowdown in the economy, the Forest City Hurun Rich List swelled by 179 to 2056 individuals, double that of three years ago and up ten-fold from ten years ago.”
According to the list, property magnate Wang Jianlin of Dalian Wanda, 62, tops the list of 594 billionaires in the country. Alibaba’s Jack Ma was second, with his wealth having risen 41% from last year.
There are 4 new entries to the Top 10: Yao Zhenhua of Baoneng, Ding Lei of Netease, Xu Jiayin of Evergrande and He Xiangjian & son He Jianfeng of Midea.
|NameWealth US$bn||Wealth US$bn||Change||Age||Company|
|1 =||Wang Jianlin & family||32.1||-2%||62||Wanda||Real estate, entertainment|
|2 =||Jack Ma & family||30.6||41%||52||Alibaba, Ant Financial||E-commerce, financial services|
|3 ↑||Pony Ma||24.6||38%||45||Tencent||Communications, online games|
|4 *||Yao Zhenhua||17.2||820%||46||Baoneng||Investments, real estate|
|5 ↓||Zong Qinghou & family||16.7||-17%||71||Wahaha||Drinks|
|6 =||Yan Hao & family||14.9||10%||30||China Pacific Construction||Roads|
|6 *||William Ding Lei||14.9||96%||45||Netease||Online games|
|8 ↑||Robin Li & Melissa Ma||14.7||15%||48,46||Baidu||Search engine|
|9 ↑||Lu Zhiqiang & family||12.7||2%||64||Ocean Wide||Real-estate, investments|
|10↑||Xu Jiayin||11.6||30%||58||China Evergrande||Real estate, investments|
|10↑||He Xiangjian & He Jianfeng||11.6||30%||74,49||Midea||Home appliances|
|10=||Yan Bin||11.6||20%||62||Reignwood||Red Bull, real estate|
|10↓||Zhang Jindong||11.6||-4%||53||Suning||Retail, real estate|
↑Rank increase yoy ↓Rank decrease yoy –No rank change yoy *New to top 10
Source: Forest City Hurun Rich List 2016