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2017 China Top 50 Richest

The top 50 richest people in China in 2017 have a combined estimated net worth of more than $536.76 billion in the Forbes report released in 2018.

Hui Ka Yan, who is the Chairman of Evergrande Group (China’s second-largest property developer by sales), top the list with an estimated net worth of $42.5 billion. Ma Huateng (Pony Ma), founder and CEO of Tencent (China’s tech giant) is 2nd on the list with $39 billion.  Jack Ma, who is a co-founder and Executive Chairman of Alibaba Group, is 3rd on the list with $38.6 billion.

Wang Jianlin, the founder of Dalian Wanda Group and Wang Wei, the founder and Chairman of SF Express (China’s largest privately owned logistics service provider), rounded up the top 5 richest people in China with $25.2 billion and $22.3 billion respectively.

 

Top 5 Richest in China:

Rank Name Net worth (USD) Age Source Company
1 Hui Ka Yan $42.5 B 59 real estate Evergrande Group
2 Ma Huateng $39 B 46 internet media Tencent
3 Jack Ma $38.6 B 53 e-commerce Alibaba Group
4 Wang Jianlin $25.2 B 63 real estate Dalian Wanda Group
5 Wang Wei $22.3 B 48 package delivery SF Express

 

China’s Richest Fast Facts:

The Richest: Hui Ka Yan with $42.5 Billion, Evergrande Group

Singapore Early Development
Singapore Early Development


Top 50 Total Net Worth: $536.76 Billion

The Average Age: 55 Years Old

The Oldest Age: 83 Years Old ($5.1 Billion, Xu Chuanhua, Transfar Group – a manufacturer of chemical products)

The Youngest Age: 36 Years Old ($20.7 Billion, Yang Huiyan, Country Garden Holdings – one of the largest property developer in China)

 

2017 China Top 50 Richest:

Rank Name Net worth (USD) Age Source Company
1 Hui Ka Yan $42.5 B 59 real estate Evergrande Group
2 Ma Huateng $39 B 46 internet media Tencent
3 Jack Ma $38.6 B 53 e-commerce Alibaba Group
4 Wang Jianlin $25.2 B 63 real estate Dalian Wanda Group
5 Wang Wei $22.3 B 48 package delivery SF Express
6 Yang Huiyan $20.7 B 36 real estate Country Garden Holdings
7 He Xiangjian $18.7 B 75 home appliances Midea
8 Robin Li $17.1 B 49 internet search Baidu
9 William Ding $16.9 B 46 online games NetEase
10 Li Shufu $16.5 B 55 automobiles Zhejiang Geely Holding Group Co.
11 Wang Wenyin $13.5 B 50 mining, copper products Amer International Group
12 Zhang Zhidong $13.4 B 46 internet media Tencent
13 Zhou Qunfei $10.6 B 48 smartphone screens Lens Technology
14 Sun Hongbin $10.4 B 55 real estate Sunac
15 Gong Hongjia $10.3 B 53 investments Hangzhou Hikvision Digital Technologies
16 Guo Guangchang $10 B 51 conglomerate Fosun International Limited
17 Xu Shihui $9.5 B 60 snacks, beverages Dali Foods Group
18 Liu Qiangdong $9.4 B 43 e-commerce Jingdon Mall
19 Pan Zhengmin $9.3 B 48 electronics AAC Technologies
20 Zong Qinghou $9.1 B 72 beverages Hangzhou Wahaha Group
21 Yao Zhenhua $8.2 B 48 conglomerate Baoneng Group
22 Hui Wing Mau $7.2 B 67 real estate Shimao Property
23 Sun Piaoyang $7.1 B 59 pharmaceuticals Jiangsu Hengrui Medicine
24 Wu Yajun $6.9 B 54 real estate Longfor Properties
25 Lei Jun $6.8 B 48 smartphones Xiaomi Inc.
26 Yan Zhi $6.7 B 45 real estate Zall Group
27 Zhang Jinmei $6.5 B conglomerate Wanxiang Group
28 Liu Yongxing $6.4 B 70 agribusiness East Hope Group
29 Wang Wenxue $6.35 B 51 real estate China Fortune Land Development
30 Wei Jianjun $6.2 B 54 automobiles Great Wall Motors
31 Pang Kang $6 B 62 soy sauce maker Foshan Haitian Flavoring & Food Co.
32 Lin Xiucheng $5.74 B 62 electronics Sanan Optoelectronics
33 Yu Huijiao $5.72 B 52 package delivery YTO Express
34 Jason Jiang $5.7 B 45 advertising Focus Media Holding
35 Ma Jianrong $5.7 B 54 textiles, apparel Shenzhou International Group Holdings Limited
36 Chan Laiwa $5.65 B 77 real estate Fuwah International Group
37 Nie Tengyun $5.65 B 42 logistics Yunda Holding
38 Zhang Jindong $5.65 B 55 appliance retailer Suning.com
39 Wang Chuanfu $5.6 B 52 batteries, automobiles BYD Company
40 Yu Yong $5.4 B 57 mining Cathay Fortune Corp.
41 Lu Zhiqiang $5.2 B 65 real estate Oceanwide Holdings
42 Yao Liangsong $5.2 B 53 furniture Oppein Home Group
43 Xu Chuanhua $5.1 B 83 chemicals, logistics Transfar Group
44 Zhang Bangxin $5 B 38 after-school tutoring TAL Education
45 Fu Liquan $4.9 B 50 surveillance equipment Zhejiang Dahua Technology
46 Liu Yonghao $4.85 B 66 agribusiness New Hope
47 Zhang Shiping $4.8 B 71 aluminum products China Hongqiao Group
48 Jiang Bin $4.7 B 51 acoustic components GoerTek
49 Chu Mang Yee $4.45 B 58 real estate Hopson Development
50 Kei Hoi Pang $4.4 B 52 real estate Logan Property Holdings

 

*Data 15th November 2017

Source: Caproasia Institute, Forbes

 

2017 Rich List – South-east Asia

2017 Rich List – North Asia

2017 Rich List – Global





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Caproasia.com is the leading source of information, data, research and resource for financial professionals in Asia who manage assets and advise clients. Collectively, they manage more than $20 Trillion assets in Asia in Private Banking, Wealth Management, Multi-Family Office, Family Office, Fund Management, Asset Management, Insurance, Private Equity and Hedge Funds.