Top Wealthiest Chinese People

chinese people

Despite the country’s recent economic slowdown, China is still home to some of the wealthiest people in the world. This list includes some of the most successful Chinese people who are entrepreneurs, business tycoons, and heirs to vast fortunes. Each of these individuals has an estimated net worth of billions of dollars, and they continue to make waves in the Chinese business world.

10. Zhang Xin, $4 billion

A close up of a flower

Zhang Xin is a businesswoman and real estate developer who has made a fortune in the Chinese property market. She founded SOHO China, one of the largest property developers in the country, in 1995, and has since become one of the richest Chinese people. The company has developed several projects in Beijing’s central business district, including the flagship building “F,” which is one of the tallest skyscrapers in the city. Zhang is also known for her philanthropy and has donated millions of dollars to various charitable causes.

9. Wu Yajun, $4.2 billion

A person standing on top of a grass covered field

Wu Yajun served as the editor-in-chief of “Economic Daily” for several years before starting up her own business in Chongqing, China. Wu is the co-founder and chairwoman of Longfor Properties, a Chinese company that has experienced tremendous growth since its founding in 1993. As of November 2015, the company had developed 96 projects containing 13 million square feet of real estate space.

8. Yang Huiyan, $5 billion

Yang Huiyan is the daughter of a real estate tycoon and founder of Country Garden Group, Yeung Kwok Keung (known as Yang Guoqiang). Before joining her father’s company in 2001, she attended Ohio State University and graduated with a finance degree. In 2015, Yang was listed as one of Forbes Asia’s 50 Power Businesswomen. As of November 2015, Yang had a net worth of $5 billion and was the richest Chinese person in China under 40.

7. Lui Che-Woo, $6.2 billion

Lui Che-Woo is the founder of Galaxy Entertainment, one of the largest casino operators in the world. He founded the company in 1990 and has since turned it into a multibillion-dollar enterprise. In addition to his work in the casino industry, Lui is also involved in other businesses, including property development and hotel operations. He has a net worth of $6.2 billion as of November 2015 and was ranked #28 on Forbes’ list of the world’s billionaires.

6. Peng Lei, $6.5 billion

Peng Lei is the founder of ride-sharing service Didi Kuaidi, which connects users to various taxi companies in China. The company has expanded its business model to include an online shopping platform that offers transportation services for Didi Kuaidi’s customers, as well as a car rental service and chauffeur service. In October 2015, Didi Kuaidi announced that it had raised $3 billion in its latest round of financing to expand the company’s business model beyond China.

5. Ma Huateng, $8.1 billion

Ma Huateng is the founder and CEO of Tencent Holdings, one of the largest Internet companies in the world. He founded the company in 1998 and has since turned it into a multibillion-dollar enterprise. Tencent Holdings operates several online services, including the popular messaging app WeChat, and has a market capitalization of $215 billion as of October 2015. As of November 2015, Tencent Holdings had a market capitalization of $177 billion and was listed as one of Fortune’s “Global Top Companies.”

4. Wu Xiaohui, $8.1 billion

Wu Xiaohui is the chairman and CEO of Anbang Insurance Group, a Chinese firm that specializes in property insurance products. Anbang Insurance Group was founded in 2004 as a re-insurance company but was restructured into a property insurance company in 2012. In 2015, Wu purchased the Waldorf Astoria hotel for nearly $2 billion, making it the most expensive property ever purchased by a Chinese buyer.

3. Hui Ka Yan, $8.8 billion

Hui Ka Yan is the chairman and CEO of China Evergrande Group, one of China’s largest real estate development companies. The company has partnered with several foreign businesses, including Australia’s Lend Lease Group. As of November 2015, Hui’s net worth was $8.8 billion and he was ranked as the 24th richest Chinese People by Forbes magazine.

2. Wang Jianlin, $14.1 billion

Wang Jianlin is chairman and CEO of Hong Kong-based real estate developer Dalian Wanda Group. Wang is also the chairman of Wanda Cinema Line, China’s largest cinema chain. As of November 2015, Dalian Wanda Group had a market capitalization of $30 billion and was planning to invest $3.7 billion in building Qingdao Oriental Movie Metropolis, a film production studio complex that would be ten times the size of Hollywood.

1. Zong Qinghou, $15 billion

Zong Qinghou is the founder and chairman of Hangzhou Wahaha Group, one of China’s largest beverage companies. He started the company in 1987 with the purchase of a small juice factory and has since turned it into a multibillion-dollar enterprise. Hangzhou Wahaha Group produces a wide range of beverages, including carbonated drinks, fruit juices, bottled water, and tea. In March 2016, Zong announced that he was planning to retire from the company and would be replaced by his son, Zong Fuli. As of November 2015, Zong’s net worth was $15 billion and he was ranked as one of the richest Chinese people.

The Chinese business world is booming, and it’s dominated by a handful of wealthy entrepreneurs. This article listed some of the richest Chinese people, all of whom have made their fortunes in the past few years through hardships and various business ventures. These are a few percentages of the Chinese business movers and shakers, and their influence is only going to grow in the coming years.

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