China Internet Watch

The Top 100 Richest Men in China in 2014

CIW Team — Fri, 24 Oct 2014 08:00:34 +0000

Jack Ma of Alibaba, becomes the number one in Hurun Rich List 2014, with a fortune of US$25 billion, surpassing Wang Jianlin of Wanda in second place with US$24.2 billion.

There are 354 dollar billionaires in Hurun Rich List 2014, up 39 on last year. 10 years ago there were only 3. 819 saw their wealth grow (last year 672) of which 343 (last year 115) were new faces. Total wealth of the richest men in China on Hurun Rich List comes to US$1.4 trillion, more than the GDP of countries like Spain or South Korea.

5 new faces in the Top 10: Jack Ma, Li Hejun, Yan Jiehe, Liu Qiangdong and Lei Jun.

26 are under forty and self-made, two of whom are dollar billionaires: Chen Ou, 31, of Jumei with US$1.5bn, and 34-year old Zhang Bangxin, 34, of TAL Education worth US$1.05bn.

IT has seen the biggest boom. 5 of the Top 10 are in IT. It’s been a good year for entertainment, investments, cars, renewable energy, pharmaceuticals, manufacturing. It has been a bad year for steel and shipping. Manufacturing and real estate are the primary source of wealth for almost half the list.

7 of the Top 10 on the Hurun Rich List are amongst the most popular social media bloggers, showing the huge impact these individuals are having in China. Real estate tycoon Pan Shiyi is the newly-crowned ‘social media king’ with 27m followers, followed by actor and investor Jet Li.

Beijing is the city of choice to live in with 180 individuals living there, 40 more than last year.Shanghai, surprisingly, comes in third behind Shenzhen again.

Anti-corruption campaign. 18 of last year’s list are in varying degrees of trouble with the authorities, of which 11 still made the list this year.

12% are self-made women, led by Chen Lihua, 73, the most successful businesswoman in the world. One of Baidu’s founders, Ma Dongmin, also the wife of Robin Li (a.k.a. Li Yanhong, CEO of Baidu), ranks the fifth richest Chinese women, with net worth of RMB22.5 ($3.67 billion).

Hurun Rich List 2014 – The Top 10 Richest Men in China

		Name	Wealth US$m	Company
1	28	Ma Yun & family	25,000	Alibaba
2	-1	Wang Jianlin & family	24,200	Wanda
3	80	Li Hejun	20,800	Hanergy
3	-1	Zong Qinghou & family	20,800	Wahaha
5	-2	Ma Huateng	18,100	Tencent
6	0	Li Yanhong & Ma Dongmin	17,500	Baidu
7	40	Yan Jiehe & Yan hao	14,200	China Pacific Construction
8	-2	Yan Bin	10,000	Reignwood
9	248	Liu Qiangdong	8,800	JD.com
10	53	Lei Jun	7,500	Xiaomi Technology
11	-6	Yang Huiyan	7,300	Country Garden
11	-2	Zhang Jindong	7,300	Suning
11	11	Zhang Shiping & family	7,300	Weiqiao Pioneering
14	5	Wang Wenyin	7,200	Amer
15	-5	Xu Jiayin	7,000	Evergrande
16	0	He Xiangjian & He Jianfeng	6,800	Midea
17	-5	Chen Lihua	6,700	Fu Wah International
17	-9	Xu Rongmao & family	6,700	Shimao
19	-1	Lu Guanqiu & family	6,600	Wanxiang
20	-8	Liu Yongxing & family	6,300	East Hope
20	16	Zhang Zhidong	6,300	Tencent
22	-18	Wei Jianjun & family	6,200	Great Wall Motor
23	2	Ding Lei	5,900	Netease
24	-3	Li Jinyuan	5,800	Tiens
24	-12	Lu Zhiqiang	5,800	FanHai
26	13	Lyu Xiangyang & Zhang Changhong	5,300	Guangzhou Youngy
26	-1	Zhu Yicai & Wu Xueqin	5,300	Yurun
28	9	Wang Chuanfu	5,200	BYD
29	-14	Liang Wengen	5,000	Sany
30	-13	Liu Yonghao & family	4,800	New Hope
30	-6	Zhang Yin	4,800	Nine Dragons Paper
32	9	Guo Guangchang	4,700	Fosun
32	-4	Wang Yusuo & Zhao Baoju	4,700	ENN
32	119	Zhou Jianping & family	4,700	Hailan
35	-13	Wu Yajun & family	4,300	Longfor Properties
36	-4	Shi Yuzhu & family	4,100	Giant Investments
37	7	Huang Wei & Li Ping	4,000	XinHu
38	-19	Sun Guangxin	3,900	Guanghui
39	-29	Jiang Bin & Hu Shuangmei	3,800	GoerTek
40	-6	Huang Rulun	3,700	Century Golden Resources
40	-8	Pan Shiyi & Zhang Xin	3,700	SOHO China
40	4	Wang Wenxue	3,700	Fortune Land Development
43	-12	Gong Hongjia & Chen Chunmei	3,600	Hikvision Digital Technology
43	75	Jiang Zhaobai	3,600	Pengxin
43	20	Li Shufu & Li Xingxing	3,600	Geely
43	4	Pan Zhengmin & Wu Chunyuan	3,600	AAC Acoustic Technologies
47	-22	Chen Fashu	3,400	Xinhuadu
48	15	Chen Jianhua	3,300	Wujiang Henli Chemical Fibre
48	New	Wei Qi & Wei Xiao	3,300	Tianhe Chemicals
48	-19	Zhu Mengyi & family	3,300	Hopson, Pearl River
51	-17	Chen Zhuolin & family	3,200	Agile Property
51	-12	Huang Guangyu & family	3,200	Pengrun Investment
51	-7	Jia Yueting	3,200	Letv
51	-4	Rong Zhijian	3,200	Citic Pacific
51	-4	Wei Shaojun	3,200	Longjitaihe
51	47	Xiao Jianhua & Zhou Hongwen	3,200	Tomorrow Holding
57	22	Qiu Guanghe & family	3,100	Semir
58	-11	Cai Kui & family	3,000	Longfor Properties
58	-17	Du Shuanghua	3,000	Rizhao Iron and Steel
58	-11	Shi Wenbo	3,000	HengAn
61	-14	Shen Guojun	2,900	China Yintai
61	36	Sun Shoukuan & family	2,900	Jiacheng
61	-4	Xu Lianjie	2,900	HengAn
61	151	Xue Guanglin	2,900	Brightoil
61	31	Yuan Yafei	2,900	Sanpower
61	-2	Zhang Zhixiang	2,900	Jianlong
61	New	Zheng Jianming	2,900	Shunfeng PV
68	30	Chen Tianqiao & family	2,800	Shanda
68	304	Lin Yi	2,800	Shenglong
68	82	Liu Zhongtian	2,800	Zhongwang
68	15	Zhang Hongwei	2,800	Orient
68	-1	Zhu Linyao	2,800	Huabao International
73	10	Du Sha & family	2,700	Homeworld
74	5	Fang Wei	2,600	Fangda
74	249	Guo Wengui & family	2,600	Zhengquan Property
74	-27	Ye Chenghai & Liao Qingqing	2,600	Salubris Pharmaceuticals
74	-17	Zhang Li & Zhang Liang	2,600	R&F
78	134	Che Jianxing	2,500	Macalline
78	New	Chen Hongtian & Yao Lini	2,500	Cheung Kei
78	-6	Lin Xiucheng & Lin Zhiqiang	2,500	Sanan
78	98	Shao Zhongyi	2,500	Chenxi
78	New	Zhang Lei	2,500	Hillhouse
83	8	Feng Hailiang	2,400	Hailiang
83	-11	Li Li & Li Tan	2,400	Hepalink
83	650	Pang Kang	2,400	Haitian
83	-11	Song Zuowen & family	2,400	Nanshan
83	-11	Yu Yong	2,400	Cathay Fortune Corp
83	51	Zhao Buchang & Zhao Tao	2,400	Buchang
83	82	Zhou Hongyi	2,400	Qihoo
90	-17	Cai Dongqing & family	2,300	Alpha Animation
90	99	Che Fengsheng	2,300	Sihuan Pharm
90	34	Chen Jinxia	2,300	Yongjin
90	-66	Fu Liquan & Chen Ailing	2,300	Dahua Technology
90	-2	Huang Maoru & Zhang Jing	2,300	Maoye
90	-49	Huang Nubo	2,300	Zhongkun
90	2	Huang Wenzai	2,300	Star River
90	34	Lin Li	2,300	Liye
90	-7	Liu Hanyuan & Guan Yamei	2,300	Tongwei
90	34	Liu Yiqian	2,300	Sunline
90	111	Luo Shaoyu & Zhao Jiehong	2,300	Dongyin
90	-27	Ma Xingtian & family	2,300	Kangmei
90	8	Miao Shouliang	2,300	Fuyuan
90	-18	Ni Zhaoxing & family	2,300	Zhongrong
90	-41	Shen Wenrong	2,300	Sha Steel
90	-2	Sun Piaoyang & Zhong Huijuan	2,300	Jiangsu Hengrui Medicine
90	-17	Wen Yibo & Zhang Huiming	2,300	Sound Environment
90	8	Xu Yu & Li Shanhu	2,300	Trendy International
90	18	Xue Xiangdong & family	2,300	DHC Digital Technology
90	358	Yan Xijun & family	2,300	Tasly
90	New	Zhang Jun	2,300	Fu De
90	28	Zhu Gongshan	2,300	Golden Concord Holdings

Top 10 Richest Chinese Women in 2014

Cecilia — Thu, 23 Oct 2014 00:49:18 +0000

Hurun released the richest Chinese women list this week. The list shows there are 50 Chinese richest women who each has assets worth over RMB 5 billion ($0.81 billion) and 70% of them are self-made and 30% inherited wealth from their families.

Yang Huiyan, 33 year-old, CEO of Bi Gui Yuan Holdings worth RMB44 billion ($7.19 billion), ranks top in the list and this is the fourth time for her to be in the richest Chinese women list during the past 9 years.

One of Baidu’s founders, Ma Dongmin, also the wife of Robin Li (a.k.a. Li Yanhong, CEO of Baidu), ranks the fifth richest Chinese women, with net worth of RMB22.5 ($3.67 billion).

Ji Kaiting, 24 y-o, is the only post-90 in the Chinese richest women list. She is the daughter of Ji Haipeng (the owner of Logan Property) who owns 85% stake in Logan. In 2013, Logan Property’s total revenue was RMB11.1 billion ($1.83 billion) and it was listed in Hong Kong Stock Exchange in December 2014.

Top 10 Richest Women in China

Ranking	Name	Wealth (RMB, billion)	Change	Company	Industry	HQ	Age
1 –	Yang Huiyan	44	-14%	Bi Gui Yuan	Real Estate	Foshan, Guangdong	33
2 –	Chen Lihua	40	8%	Fuhua	Real Estate, Red Sandalwood Museum	Beijing	73
3↑	Zhang Yin	29	7%	Nine Dragons Paper (Holdings) Limited	Papermaking	Dongguan, Guangdong	57
4↓	Wu Yajun	26	-7%	Longfor	Real Estate	Beijing	50
5 *	Ma Dongmin	22.5	New	Baidu	Search Engine	Beijing	44
6 –	Zhang Xin	22	29%	SOHO China	Real Estate	Beijing	49
7↑	Lu Qianfang	19	-14%	Agile Property Holdings Limited	Real Estate	Guangzhou, Guangdong	53
8↑	Zhu Linyao	16.5	14%	Huabao Global	Flavors, spices	Shenzhen, Guangdong	44
9 *	Chen Jinxia	13.5	35%	Yongjin Group	Pharmaceutical industry, Investment	Shanghai	46
9 –	Zhang Jing	13.5	13%	Maoye International Holdings	Real Estate	Shenzhen, Guangdong	\

Also read: Habits of 2.7M High Net Worth Individuals in China

Hurun: Tencent’s CEO Pony Ma The Richest on IT Rich List

CIW Team — Thu, 03 Oct 2013 05:33:03 +0000

Hurun Report, a monthly magazine best known for its China Rich List, released its China IT Rich List on September 23 2013. This is the 11th time that Hurun released the top 50 China IT Rich List.

Pony Ma, Tencent’s CEO, surpassed Robin Li the first time in four years to be the richest man in IT industry with 56 billion yuan (USD 9.1 billion). Baidu CEO Robin Li ranked the second with 46 billion yuan (USD 7.5 billion).

IT industry was one of the fast growing industry in Hurun’s list, with over 20% growth rate. The average wealth was 51% more than last year, and 20 times more than 10 years ago. And the wealth of the 50th reached 3.5 billion yuan (USD 569 million), with an annual growth of 46%.

The market capital of Tencent was 550 biLlion yuan (USD 89.4 billion), which was the richest company in Hurun’s list. Pony Ma owned 10.25% of Tencent’s stake.

Where the Chinese Millionaires and Super Rich Live

Incitez China — Wed, 04 Jul 2012 05:45:37 +0000

According to Hurun Research Institute, there are a total of 2.7 million dollar millionaires in China and those in Beijing, Guangdong and Shanghai combined represent almost half of total dollar millionaires (47.6%).

There are 63,500 super rich (CNY 100 million or USD 15.8 million) in China, most of whom are business individuals.

These numbers are known rich people in China and the real number is probably twice or even three times as much.