Private Banking

Caproasia.com | The leading financial website for financial professionals, professional investors and HNW investors. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Quicklinks: Access | TFC | Caproasia | Bloomberg




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:

RankNameNet worth (USD)AgeSourceCompany
1Hui Ka Yan$42.5 B59real estateEvergrande Group
2Ma Huateng$39 B46internet mediaTencent
3Jack Ma$38.6 B53e-commerceAlibaba Group
4Wang Jianlin$25.2 B63real estateDalian Wanda Group
5Wang Wei$22.3 B48package deliverySF 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:

RankNameNet worth (USD)AgeSourceCompany
1Hui Ka Yan$42.5 B59real estateEvergrande Group
2Ma Huateng$39 B46internet mediaTencent
3Jack Ma$38.6 B53e-commerceAlibaba Group
4Wang Jianlin$25.2 B63real estateDalian Wanda Group
5Wang Wei$22.3 B48package deliverySF Express
6Yang Huiyan$20.7 B36real estateCountry Garden Holdings
7He Xiangjian$18.7 B75home appliancesMidea
8Robin Li$17.1 B49internet searchBaidu
9William Ding$16.9 B46online gamesNetEase
10Li Shufu$16.5 B55automobilesZhejiang Geely Holding Group Co.
11Wang Wenyin$13.5 B50mining, copper productsAmer International Group
12Zhang Zhidong$13.4 B46internet mediaTencent
13Zhou Qunfei$10.6 B48smartphone screensLens Technology
14Sun Hongbin$10.4 B55real estateSunac
15Gong Hongjia$10.3 B53investmentsHangzhou Hikvision Digital Technologies
16Guo Guangchang$10 B51conglomerateFosun International Limited
17Xu Shihui$9.5 B60snacks, beveragesDali Foods Group
18Liu Qiangdong$9.4 B43e-commerceJingdon Mall
19Pan Zhengmin$9.3 B48electronicsAAC Technologies
20Zong Qinghou$9.1 B72beveragesHangzhou Wahaha Group
21Yao Zhenhua$8.2 B48conglomerateBaoneng Group
22Hui Wing Mau$7.2 B67real estateShimao Property
23Sun Piaoyang$7.1 B59pharmaceuticalsJiangsu Hengrui Medicine
24Wu Yajun$6.9 B54real estateLongfor Properties
25Lei Jun$6.8 B48smartphonesXiaomi Inc.
26Yan Zhi$6.7 B45real estateZall Group
27Zhang Jinmei$6.5 BconglomerateWanxiang Group
28Liu Yongxing$6.4 B70agribusinessEast Hope Group
29Wang Wenxue$6.35 B51real estateChina Fortune Land Development
30Wei Jianjun$6.2 B54automobilesGreat Wall Motors
31Pang Kang$6 B62soy sauce makerFoshan Haitian Flavoring & Food Co.
32Lin Xiucheng$5.74 B62electronicsSanan Optoelectronics
33Yu Huijiao$5.72 B52package deliveryYTO Express
34Jason Jiang$5.7 B45advertisingFocus Media Holding
35Ma Jianrong$5.7 B54textiles, apparelShenzhou International Group Holdings Limited
36Chan Laiwa$5.65 B77real estateFuwah International Group
37Nie Tengyun$5.65 B42logisticsYunda Holding
38Zhang Jindong$5.65 B55appliance retailerSuning.com
39Wang Chuanfu$5.6 B52batteries, automobilesBYD Company
40Yu Yong$5.4 B57miningCathay Fortune Corp.
41Lu Zhiqiang$5.2 B65real estateOceanwide Holdings
42Yao Liangsong$5.2 B53furnitureOppein Home Group
43Xu Chuanhua$5.1 B83chemicals, logisticsTransfar Group
44Zhang Bangxin$5 B38after-school tutoringTAL Education
45Fu Liquan$4.9 B50surveillance equipmentZhejiang Dahua Technology
46Liu Yonghao$4.85 B66agribusinessNew Hope
47Zhang Shiping$4.8 B71aluminum productsChina Hongqiao Group
48Jiang Bin$4.7 B51acoustic componentsGoerTek
49Chu Mang Yee$4.45 B58real estateHopson Development
50Kei Hoi Pang$4.4 B52real estateLogan Property Holdings

 

*Data 15th November 2017

Source: Caproasia Institute, Forbes

 

2017 Rich List – Southeast Asia

2017 Rich List – North Asia

2017 Rich List – Global




Caproasia.com | The leading financial website for financial professionals, professional investors and HNW investors. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Quicklinks: Access | TFC | Caproasia | Bloomberg







Join 14,000+ leading financial professionals and professional investors in Asia. Stay ahead of your peers & competition. Receive Caproasia newsletter here.
Managing $20 million to $3 billion? Register here: Financial Professionals
.
Visit Access | Daily homepage for financial professionals & professional investors.

Register: Professional Investors | CEOs & Entrepreneurs


For press release, email to press@caproasia.com
For editorial, media kit, listing on TFC, events, seminars or research & data services, email to mail@caproasia.com