The Top 10 richest people in China 2016

The Top 10 richest people in China 2016  that real estate tycoon Wang Jianlin is now the richest man on the Chinese mainland, a first for the business mogul.Wang, chairman of the Dalian Wanda Group, one of China’s largest real estate developers, possesses a total net wealth of 86.01 billion yuan (US$14.1 billion), much higher than his overall 48.8 billion yuan last year, thanks to the recovery of the real estate industry and the company’s expansion into the entertainment industry.

Zong Qinghou, chairman of one of China’s largest beverage makers Hangzhou Wahaha Group, dropped to a second place this year, with a net wealth of 68.32 billion yuan (US$11.2 billion), a slight increase from his 61 billion yuan in 2012. Robin Li, founder and CEO of China’s search engine giant Baidu, ranks third. His personal wealth increased 18.3 billion yuan over the past year, reaching a total of 67.71 billion yuan (US$11.1 billion).

According to the report, the number of well-off Chinese with a personal wealth of over US$1 billion now reaches a record high of 168, compared with 133 last year. The accumulated wealth of the top 400 richest Chinese people totals at 3.47 trillion yuan, with a year-on-year growth of 35 percent. A large number of rich people stem from the consumption and service industries, pharmaceutical and medical, cultural and entertainment, as well as mobile Internet.

The Top 10 richest people in China 2014

 

Liu Yongxing:-

Liu Yongxing

Liu Yongxing‘s aluminum- and plastics-focused East Hope Group has faced a rare difficult year as slower economic growth in China hurt demand for its industrial materials. His net worth edges up from a year ago amid successful forays in the real estate industry.

  • Net worth: US$6.1 billion (372.1 billion yuan)
  • Age: 65
  • Position: Chairman of East Hope Corp.
  • Source of Wealth: Agribusiness, self-made
  • Residence: Shanghai, China
  • Country of citizenship: China
  • Marital Status: Married
  • Children: one

He Xiangjian:-

He Xiangjian

He Xiangjian is a founder of Midea Group, a manufacturer of home appliances. FORBES’ estimate of his wealth has increased from $2.2 billion a year ago following a restructuring in which unlisted assets such as logistics operations were sold to its listed arm in exchange for stock. The reconfigured company, Midea Group, began trading on the Shenzhen Stock Exchange on Sept. 18.

  • Net worth: US$6.8 billion (414.8 billion yuan)
  • Age: 71
  • Position: Co-founder of Midea
  • Source of Wealth: Appliances, self-made
  • Residence: Foshan, China
  • Country of citizenship: China
  • Marital Status: Married
  • Children: three

Jack Ma:-

Jack Ma

Jack Ma is a Chinese Internet entrepreneur. He is Executive Chairman of Alibaba Group, a family of highly successful Internet-based businesses.

  • Net worth: US$7.1 billion (43.31 billion yuan)
  • Age: 49
  • Position: Chairman of Alibaba Group
  • Source of Wealth: Internet, self-made
  • Residence: Hangzhou, China
  • Country of Citizenship: China
  • Education: Bachelor of Arts / Science, Hangzhou Teacher”s Institute
  • Marital Status: Married

Yang Huiyan:-

Yang Huiyan

Yang Huiyan is the majority shareholder of Country Garden Holdings and one of the wealthiest people in Mainland China, with an estimated net worth of $7.4 billion USD as of March 2009.

  • Net worth: US$7.2 billion (43.92 billion yuan)
  • Age: 32
  • Position: Largest shareholder of the Country Garden Holdings
  • Source of Wealth: Real estate, inherited
  • Residence: Foshan, China
  • Country of Citizenship: China
  • Education: Bachelor of Arts / Science, Ohio State University
  • Marital Status: Married

Wei Jianjun & family:-

Wei Jianjun & family

Wei Jianjun chairs Great Wall Motor, one of the largest non-government owned Chinese motor vehicle makers. Wei ascends into the top 10 richest in China following torrid growth at the company, known for its production of SUVs. Net profit shot up 74% in the 6 months to June 2013 from a year earlier to $668 million, on sales that soared 44% to $4.3 billion.

  • Net worth: US$9 billion (54.90 billion yuan)
  • Age: 49
  • Position: Chairman of Great Wall Motor Co.
  • Source of Wealth: Automobiles, self-made
  • Residence: Baoding, China
  • Country of Citizenship: China
  • Education: Bachelor of Arts / Science, Hebei Province
  • Marital Status: Married

Ma Huateng:-

Ma Huateng

Ma Huateng, also known as Pony Ma, is a Chinese entrepreneur who founded Tencent Inc., one the the largest internet companies in China. In 2007 Time magazine called him one of the world’s most influential people.

  • Net worth: US$10.2 billion (62.22 billion yuan)
  • Age: 42
  • Position: Founder & CEO of Tencent
  • Source of Wealth: Internet, self-made
  • Residence: Shenzhen, China
  • Country of Citizenship: China
  • Education: Bachelor of Arts / Science, Shenzhen University
  • Marital Status: Married

Li Hejun:-

Li Hejun

Li Hejun chairs and owns 99% of Hanergy Holding Group. The company is active in hydropower, wind power, and solar energy power generation activities. It has become one of the world’s largest producers of thin-film solar panels and equipment. He debuts on the Forbes China Rich List this year.

  • Net worth: US$10.9 billion (66.49 billion yuan)
  • Position: Chairman & CEO of Hanergy Holding Group Ltd.
  • Age: 46
  • Source of Wealth: Renewable energy, self-made
  • Residence: Beijing, China
  • Country of Citizenship: China

Robin Li:-

Robin Li

Robin Li is a Chinese Internet entrepreneur. He is the co-founder of a China search engine Baidu and is ranked as the richest man in mainland China with a net worth of US $12.231 billion as of December 2013.

  • Net worth: US$11.1 billion (67.71 billion yuan)
  • Position: Founder and CEO, Baidu
  • Age: 44
  • Source of Wealth: Internet search, self-made
  • Residence: Beijing, China
  • Country of Citizenship: China
  • Education: Master of Arts, University at Buffalo; Bachelor of Arts / Science, Peking University
  • Marital Status: Married
  • Children: four

Zong Qinghou:-

Zong Qinghou

Zong Qinghou is a Chinese entrepreneur, founder, Chairman and CEO of the Hangzhou Wahaha Group, the leading beverage company in China.

  • Net worth: US$11.2 billion (68.32 billion yuan)
  • Age: 68
  • Position: CEO of Wahaha Co., Ltd.,
  • Source of Wealth: Beverages, self-made
  • Residence: Hangzhou, China
  • Country of Citizenship: China
  • Marital Status: Married
  • Children: one

Wang Jianlin:-

Wang Jianlin

Wang Jianlin ( born 1954) is a Chinese billionaire. He is the Chairman of the Dalian Wanda Group, one of China’s largest real estate developers, and also the world’s largest operator of movie theaters after the purchase of AMC Entertainment Holdings for US$ 2.6 billion in 2013. In 2013 Forbes ranked him the 128th richest person in the world, with US$ 8.6 billion. In August 2013, he is listed as the wealthiest person in China with a net worth of US$ 14.2 billion by Bloomberg.

  • Net worth: US$14.1 billion (86.01 billion yuan)
  • Age: 59
  • Position: Chairman of Dalian Wanda Group
  • Source of Wealth: Real estate, self-made
  • Residence: Beijing, China
  • Country of Citizenship: China
  • Education: Liaoning University
  • Marital Status: Married
  • Children: one

3 thoughts on “The Top 10 richest people in China 2016

  1. steve Waterhouse · Edit

    Any of you lot want to buy the great English football club Leeds United??? The biggest football club in England without an ambitious owner in need of love once again.

    Reply

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