CHINA TOPIX

05/18/2024 04:30:26 am

Make CT Your Homepage

"Hurun Wealth Report 2013" to Know Billionaires In China

2013-8-23 5
(Photo : Hurun Wealth Report 2013)

It is known there are many rich people in China, thanks to the fast development in economy. According to the "Hurun Wealth Report 2013", there are about 1.05 million millionaires, and 64.5 thousand billionaires in 31 provinces and cities of China. The top five are from Hong Kong, Beijing, Zhejiang, Taiwan and Guangdong. The billionaires from Ningxia Province earn the least among the group.

Like Us on Facebook

One of the billionaire, is a well know businessman, named Lika-shing. His wealth is estimated up to ¥200 billion. Wang Jianlin, who is an estate developer in Beijing. His wealth is about ¥86.9 billion. Owning ¥82 billion and started his business from beverage, Zhong Qinghou is from Zhejiang Province. The fourth billionaire is Cai Yanming from Taiwan. The fifth one Xu Jiayin is from the southern part of China, Guangdong Province. He is the owner of the Evergrande Real Estate Group and his wealth is ¥48 billion. The last one of the list, Run Xiaoping from Ningxia Province has a net worth of two billions.

These billionaires have similar background; they earned their first wealth by working hard.

Lika-shing's father worked at multiple places to fee the whole family in his childhood. He earned 7,000 dollars at 27 years old, and started his first company, which manufactured the plastic flowers and sold them to various countries. When he was at the age of 44, he listed his company; he controls the Cheung Kong Holdings that is worth of five billion.

Wang Jianlin owns the WANDA Group. He collected the wealth from dealing with the estate business.

Some may think that those billionaires inherit the wealth from their ancestors without paying anything. In fact many of them work very hard, establish their business through continuous learning. Once they find out the chance of a business, they will start right away and don't waste a second.

Real Time Analytics