Published 25 Sep,2020 via China Daily - Business
Jack Ma, founder of Alibaba Group, topped a new list of the 500 richest Chinese with wealth of over 300 billion yuan ($42.29 billion), Sina Finance reported.
His wealth increased 80 billion yuan in the past year, which means he made 9.13 million yuan per hour, more than many top executives of listed companies.
Let's take a look at the top 10 richest people in China.
No 1 Ma Yun ( aka) Jack Ma, founder of Alibaba Group
No 2 Ma Huateng, chairman and CEO of Tencent
No 3 Xu Jiayin, chairman of Evergrande Group
No 4 Yang Huiyan of Country Garden
No 5 Sun Piaoyang and Zhong Huijuan - Jiangsu Hengrui Medicine Co,
No 6 He Xiangjian, founder of Midea
No 7 Wang Jianlin and Wang Sicong - Wanda Group
No 8 Huang Zheng
No 9 Ding Lei, founder and CEO of NetEase
No 10 Zhang Yong and Shu Ping
Huang Zheng, chairman and CEO of Pinduoduo Inc, made the top 10 list for the first time by grabbing eighth place.
Zhang Yong and his wife, Shu Ping, of hotpot chain Haidilao rose to 10th place with wealth of 117.2 billion yuan, up from the 20th spot last year.
Sun Piaoyang, chairman of Jiangsu Hengrui Medicine Co Ltd, and his wife, Zhong Huijuan, chairwoman of Hansoh Pharmaceutical Group, made the top 10 list with the fastest wealth growth of 110 billion yuan.
The is the 18th list released by New Fortune magazine since 2003 and it is an annual list of China's core assets.
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