Wednesday, October 17, 2018

Chinese Billionaires

In the world, there are almost 2,400 billionaires and China is home to 10% of them.

Huateng Mae has a net worth of a massive $41.8 billion, making him the richest man in China and 15th richest man in the world. He is CEO and chairman of one of the biggest internet companies in the world, Tencent.

The richest woman in China is Yang Huiyan, and she made headlines earlier this year when she made $2 billion in just four days. At only 36 years old, she's also China's youngest billionaire, and she is currently estimated to be worth $28.6 billion. She achieved her wealth as a result of inheritance after her father transferred 70% of his holdings of the real estate company Country Garden to her. She is now the largest stakeholder in the company with 57% stake belonging to her. 

Hui Ka Yan who is valued at $34.9 billion. He owns 78% of the China Evergrande Group and is the current chairman of the real estate development company. 

One of the latest newcomers to the list is Wu Shaoxun, owner of white wine company Jing Brand. Right now, his net worth stands at $7 billion.

 Another one to watch is Fan Hongwei, chairman of Hengli Petrochemical. Right now she is worth $7.3 billion, and her business is a chemical fibre supplier. She is married to the chairman of Hengli Petrochemical's holding company, Chen Jianhua, and her business has sites all across China.

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