Top 8 Richest Chinese Billionaires

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According to the Hurun Global Rich List 2022, China maintained its top place with 1,133 billion-dollar entrepreneurs, an increase of 75 over last year, ... read more...

  1. Zhong Shanshan is the world's sixth richest person, now wealthier than Warren Buffett and only behind Mark Zuckerberg (who is in 5th place). He overtook Google co-founders Sergy Brin and Larry Page. He is a bottled water mogul and vaccine investor whose fortune is expected to reach $70 billion by 2020. He made $20 billion in the first week of 2021 alone. He will soon enter the exclusive club of those worth more than $100 billion.


    Zhong
    is rarely seen in public and rarely speaks to the media. He avoids the media and does not belong to any business organizations. He is one of the most elusive persons on the world's wealthiest list. He is socially isolated.


    During the Cultural Revolution, he dropped out of primary school and sought employment in construction. He entered at what is now Zhejiang Radio & TV University to study Chinese in 1977. Zhong worked as a journalist for the Zhejiang Daily before going into business in 1988. Zhong relocated to Hainan, an island off the coast of southern China, in 1988. During his stay on the island, he sold mushrooms, shrimp, and turtles. He subsequently moved on to work as a sales representative for the Wahaha beverage business, where he marketed healthcare supplements.

    Net worth: $65.7 billion

    Photo: Bnews.vn
    Photo: Bnews.vn
    Photo: Saigon Times
    Photo: Saigon Times

  2. Zhang Yiming is the founder and CEO of Beijing ByteDance Technology Co., one of China's leading internet technology conglomerates that is rapidly overtaking other online content platforms with its unparalleled ability to attract younger social media users. Toutiao, a major content platform in China, and TikTok, a video-based social networking app popular with Gen-Z, are among the applications in ByteDance's portfolio. ByteDance, founded in 2012, is valued at $75 billion and has about 1 billion monthly users worldwide – it is regarded by some as the world's most valuable start-up.


    Yiming
    studied microelectronics and software engineering at Nankai University before starting his career at the travel website Kuxun, which was ultimately bought by Tripadvisor. After a brief spell at Microsoft, Yiming began developing his own apps and launched various businesses, including a real estate search service. In order to compete with Baidu's delivery of news interwoven with advertising, Yiming eventually concentrated his efforts on news aggregation applications in 2012.

    Net worth: $50 billion
    Photo: Vietnamnet
    Photo: Vietnamnet
    Photo: Tiktok Modelo
    Photo: Tiktok Modelo
  3. Ma Huateng, a Chinese business entrepreneur who co-founded and served as CEO of Tencent Holdings Ltd., one of the world's largest Internet firms, from 1998 until 2012. He ranked third in the list of the richest Chinese billionaires.


    Ma
    got a Bachelor of Science degree in computer science from Shenzhen University in 1993. He later worked in R&D for China Motion Telecom Development Ltd. before co-founding Tencent (1998) with other buddies. A year later, the business introduced the Internet-based QQ service (then known as OICQ), which quickly became one of China's most popular instant-messaging services. Tencent was later backed by two offshore venture capital groups, and the company raised about $200 million when it went public on the Hong Kong stock exchange in June 2004.

    Net worth: : $37.2 billion
    Photo: VNEconomy
    Photo: VNEconomy
    Photo: NDH.vn
    Photo: NDH.vn
  4. He Xiangjian co-founded Midea, one of China's major appliance manufacturers. Bloomberg Billionaires Index projected his net worth to be $28.8 billion in September 2021. He is also one of the richest billionaires.


    In 1968, he led a group of 23 locals from Beijiao, Guangdong, in the formation of Midea, a lid manufacture firm. In 2012, he retired from Midea's operations. Criminals attempted to abduct He Xiangjian in June 2020, breaking into his Foshan villa. His son, He Jianfeng, managed to flee and alerted the police, who freed him; five suspects were apprehended by local authorities.


    He is married with three children and resides at Junlan International Golf Life Village, a villa community established by Midea Real Estate Group in Foshan. He is an avid art collector and the founder of the He Art Museum, a privately funded non-profit built by Pritzker Prize winner Tadao Ando.


    Net worth: : $28.3 billion

    Photo: #SecretsSelfmadeBillionaires by Paul Chan
    Photo: Epress
    Photo: Epress
  5. Lei William Ding launched NetEase in June 1997 and built it from a dozen people to a private firm with over 300 employees. He is one of the richest Chinese billionaires.


    Ding spent his first two years investing money and time on the development of Internet-related software, including China's first bilingual e-mail system. This strategy, which was launched in November 1997, aided in the popularization and expansion of the Internet in China.


    Ding claims he isn't interested in quantifying the rise and collapse of companies on paper.

    Nonetheless, NetEase's performance has been spectacular, though a little rocky: The company's Nasdaq share value increased from 95 cents in January 2002 to $70 in less than a year and a half. It was a spectacular recovery from September 4, 2001, probably NetEase's lowest day, when Nasdaq shut the firm down on charges that it had filed a fake report of its 2000 revenue.


    Net worth: : $28.3 billion

    Photo: CEO Today
    Photo: CEO Today
    Photo: CGTN
  6. During the Tang dynasty, Wang Wei was a poet, painter, musician, and statesman; combining the humanist principles of a Chinese scholar-official, he filled several bureaucratic offices in the Tang court, both in the capital and in the province of Shantung. After surviving the Anshi Rebellion (755–759) and mourning the deaths of his wife and sister, he withdrew to his rural residence on the Wang River, where he studied Buddhism and penned many of his greatest poetry.


    The Southern School of Painter-Poets was created by Wei. He is best known as a landscape painter who pioneered the use of monochrome and pomo ("breaking the ink"), a technique in which ink is applied in patches or washes that create blank areas. Although none of his works survive, the spiritual aspect of his landscapes impacted numerous painters. Wei's poetry exemplified Zen Buddhist values of detachment and simplicity; he rarely employs details in his poems, typically recounting natural phenomena like as water and mist rather than human presence. His poetry has been widely anthologized, and he is regularly referenced with famous Tang period writers like Li Po and Tu Fu.

    Net worth: : $24.3 billion

    Photo: NDH.vn
    Photo: NDH.vn
    Photo: Sindonews.com
    Photo: Sindonews.com
  7. Qin Yinglin is the world's richest farmer and a Chinese agriculture mogul, billionaire, and Communist Party member. He is the chairman and president of the pig farming enterprise Muyuan Foodstuff and one of China's wealthiest persons. His net worth was projected to be US$ 20.7 billion as of January 2022, according to the Bloomberg Billionaires Index. Forbes described him as "the country's largest pig breeder in the world's largest pork market."


    Qin was born in the village of Hexi, Mashankou Town, Neixiang County, Nanyang, Henan, in 1965. He was raised in poverty.


    When Qin was in high school, his father scraped enough money and purchased 20 pigs, all but one of which perished. This inspired Qin to pursue a degree in pig farming so that he could assist others in his community make money by breeding pigs. He got admitted to Henan Agricultural University in 1985.

    Qin is the world's richest farmer, owning 883 million shares of Muyuan stock, or 40.06 percent of the firm. Qin's wife, Qian Ying, is also a millionaire, and the couple owns the bulk of Muyuan.


    Net worth: : $24.1 billion

    Photo: VNExpress
    Photo: VNExpress
    Photo: Sara Sasime
  8. Jack Ma Yun is a Chinese business entrepreneur, philanthropist, and investor. He is the co-founder and former executive chairman of the international technology firm Alibaba Group. He is also a co-founder of Yunfeng Capital, a Chinese private equity business. Jack Ma is a staunch supporter of an open, market-driven economy.


    According to the Bloomberg Billionaires Index, Jack Ma had a net worth of $21.8 billion in August 2014, making him one of the richest Chinese billionaires. Ma was placed second on Fortune's annual list of the "World's 50 Greatest Leaders" in 2017. He is widely regarded as an informal worldwide ambassador for Chinese business and is a powerful figure in the startup scene. In September 2018, he announced his retirement from Alibaba to pursue educational, philanthropic, and environmental initiatives; Daniel Zhang succeeded him as executive chairman the next year.

    Net worth: : $22,8 billion

    Photo: VnEconomy
    Photo: VnEconomy
    Photo: VnEconomy
    Photo: VnEconomy



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