China’s Rich List 2018: who are the nation’s wealthiest man and woman?
Jiemian.com list of 1,000 richest billionaires ranks Tencent’s Ma Huateng, on 282 billion yuan, as top man and Yang Huiyan, on 149 billion yuan, top woman
Only 59 of China’s 1,000 richest people over the past 12 months are women, according to a new list of the nation’s wealthiest people.
All 1,000 billionaires featured in China’s Rich List 2018 have a minimum net worth of 30 billion yuan (about US$4.7 billion) and have their main assets located in mainland China.
The list of China’s richest people during 2017 was compiled by the business news website Jiemian.com, which forms part of Shanghai United Media Group, and published on January 29.
Although the six richest billionaires on the list are as expected, their order varies compared with the rankings published in the Hurun China Rich List 2017 and Forbes’ China’s 400 Richest 2017, released last October and November, respectively.
No 1. Ma Huateng
Topping the list of China’s billionaires is Ma Huateng, the founder, chairman and CEO of the Chinese internet giant Tencent Holdings. He has a net worth of 282 billion yuan.
Last November, the market value of Tencent reached more than US$500 billion, overtaking Facebook to become the world’s fifth-most valuable company and rubbing shoulders with industry titans such as Apple, Alphabet, Microsoft and Amazon.
The 47-year-old Ma was ranked second in both the Huran and Forbes rich lists.