China’s 50 Richest People

China’s 50 Richest People | Top 50 Richest People in China 2021

China’s latest wealth gusher puts the country on a faster track to surpass the world’s postwar wealth champion, the United States. The $820 billion increase in the overall wealth of China’s top 400 billionaires and billionaire couples this year eclipsed the $240 billion gain in the fortunes of this year’s Forbes 400, which tracks America’s richest (note: the Forbes 400 counts only individuals.) There seems to be more ferment in China’s wealth engine, too: There were 68 newcomers to the China list, and only 18 to the U.S. list.

More on Forbes: China Rich List 2020: 68 Newcomers Join The Ranks As Cutoff Rises To $1.55 Billion

One area where the two converge: tech pioneers are leading the charge. Topping the list for a third year, Alibaba’s cofounder Jack Ma saw his fortune rise 72% to $65.6 billion, in part on the anticipated listing of Alibaba’s online financial arm, Ant Group. That listing, originally expected in early November, was unexpectedly suspended Nov. 3 on regulatory concerns. Estimated fortunes on our list were calculated using stock prices and exchange rates as of October 26—ahead of Ant’s expected record-breaking debut in Shanghai and Hong Kong. The list therefore includes at least 10 shareholders in the Alibaba affiliate, including Jack Ma.


Among other the billionaires, Tencent CEO Ma Huateng, known as “Pony,” was worth $55.2 billion, up 53% from a year ago. Colin Huang, chairman of e-commerce site Pinduoduo, saw his estimated net worth soar 44% to $30.6 billion. Rival JD.com CEO Richard Liu’s fortune tripled to $20.3 billion.

This video is going to tell you about the Chinese billionaires in 2020. And it shows you their names, net worth, age, and sources. for more info visit this link: https://www.forbes.com/china-billionaires/list/


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