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Hurun China Rich List 2023: 907 Billionaires, Top 100 List Requires at Least $6.2 Billion Wealth, Top 1,000 List Requires $880 Million Wealth, Top 5 Richest are YST Zhong Shanshan $62 Billion, Tencent Ma Huateng $38.6 Billion, PDD Huang Zheng $37.2 Billion, CATL Zeng Yuqun $34.4 Billion, ByteDance Zhang Yiming $33.7 Billion

19th January 2024 | Hong Kong

The Hurun Research Institute has released the Hurun China Rich List 2023, providing a ranking of the richest individuals in China.  In 2023, there are 907 billionaires with more than $1 billion fortune, at least $6.2 billion wealth is required to be in the top 100 richest list in China, and $880 million wealth to be in the top 1,000 richest list in China.   The top 10 richest are YST Zhong Shanshan $62 billion, Tencent Ma Huateng $38.6 billion, PDD Huang Zheng $37.2 billion, CATL Zeng Yuqun $34.4 billion, ByteDance Zhang Yiming $33.7 billion, Netease Ding Lei $33.1 billion, Cheung Kong Li Ka-shing & Victor Li Tzar Kuoi $28.9 billion, Midea He Xiangjian $27.5 billion, Geely Li Shufu $24.1 billion and Alibaba Ma Yun $23.4 billion.  The 10 billionaires & richest in China by their industry – Beverage, Internet Services, E-Commerce, Battery Technology, Social Media, Internet Services, Diversified, Household Appliances, Car Manufacturing, E-Commerce.   The 10 richest total wealth in China is $342.9 billion and the top 1,000 richest total wealth in China is $3.03 trillion.  See below for key findings & summary | View full report here

“ 907 Billionaires, Top 100 List Requires $6.2 Billion Wealth, Top 1,000 List Requires $880 Million, Top 5 Richest are YST Zhong Shanshan $62 Billion, Tencent Ma Huateng $38.6 Billion, PDD Huang Zheng $37.2 Billion, CATL Zeng Yuqun $34.4 Billion, ByteDance Zhang Yiming $33.7 Billion “

 



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Hurun China Rich List 2023

Shanghai Pudong City | Leading Financial Centre in Asia

The Hurun Research Institute has released the Hurun China Rich List 2023, providing a ranking of the richest individuals in China. 

 

Hurun China Rich List 2023

1) No. of Billionaires

  • Total no of billionaires (> $1 billion) – 907 billionaires
  • More than $10 billion net worth – 45 billionaires
  • More than $5 billion net worth – 127 billionaires
  • More than $3 billion net worth – 241 billionaires

 

2) Rich List Minimum Wealth Required

  • Top 10 richest in China – $23.4 billion
  • Top 20 richest in China – $17.2 billion
  • Top 100 richest in China – $6.2 billion
  • Top 500 richest in China – $1.6 billion 
  • Top 1,000 richest in China – $880 million 

 

3) Total Wealth of Richest in China

  • Top 10 richest total wealth in China – $342.9 billion
  • Top 20 richest total wealth in China – $544 billion
  • Top 100 richest total wealth in China – $1.3 trillion
  • Top 500 richest total wealth in China – $2.45 trillion
  • Top 1,000 richest total wealth in China – $3.03 trillion

 

4) Top 10 Billionaires & Richest in China by Their Industry

  1. Beverage
  2. Internet Services
  3. E-Commerce
  4. Battery Technology
  5. Social Media
  6. Internet Services
  7. Diversified
  8. Household Appliances
  9. Car Manufacturing
  10. E-Commerce

 

5) 2023 Top 10 Richest in China

  1. Zhong Shanshan (YST, Drinks & Pharmaceuticals) – $62 billion
  2. Ma Huateng (Tencent, Internet Services) – $38.6 billion
  3. Huang Zheng (PDD Holdings, E-Commerce) – $37.2 billion
  4. Zeng Yuqun (CATL, Battery Technology) – $34.4 billion
  5. Zhang Yiming (ByteDance, Social Media) – $33.7 billion
  6. Ding Lei (Netease, Internet Services) – $33.1 billion
  7. Li Ka-shing & Victor Li Tzar Kuoi (Cheung Kong, Diversified) – $28.9 billion
  8. He Xiangjian (Midea, Household Appliances & Real Estate) – $27.5 billion
  9. Li Shufu (Geely, Car Manufacturing) – $24.1 billion
  10. Ma Yun (Alibaba, E-Commerce & Fintech) – $23.4 billion

 

6) 2023 Top 100 Richest in China

  1. Zhong Shanshan (YST, Drinks & Pharmaceuticals) – $62 billion
  2. Ma Huateng (Tencent, Internet Services) – $38.6 billion
  3. Huang Zheng (PDD Holdings, E-Commerce) – $37.2 billion
  4. Zeng Yuqun (CATL, Battery Technology) – $34.4 billion
  5. Zhang Yiming (ByteDance, Social Media) – $33.7 billion
  6. Ding Lei (Netease, Internet Services) – $33.1 billion
  7. Li Ka-shing & Victor Li Tzar Kuoi (Cheung Kong, Diversified) – $28.9 billion
  8. He Xiangjian (Midea, Household Appliances & Real Estate) – $27.5 billion
  9. Li Shufu (Geely, Car Manufacturing) – $24.1 billion
  10. Ma Yun (Alibaba, E-Commerce & Fintech) – $23.4 billion
  11. Lee Shau Kee (Henderson Land, Estate Holding) – $22 billion
  12. Yan Hao (China Pacific Construction, Roads) – $20.7 billion
  13. Qin Yinglin & Qian Ying (Muyuan, Pig Farming) – $20 billion
  14. Lee Choi Mei Ling (Lee Kum Kee, Food Processing) – $19.3 billion
  15. Lyu Xiangyang & Zhang Changhong (Youngy, Investments) – $19.3 billion
  16. Wang Chuanfu (BYD, Automobile & New Energy) – $28.6 billion
  17. Zhang Gang (Xinfalyudian, Social Media) – $18.6 billion
  18. Liu Yongxing & Liu Xiangyu (East Hope, Aluminium & Feed) – $17.9 billion
  19. Henry Cheng Kar-shun (Chow Tai Fook, Estate Holding) – $17.9 billion
  20. Chen Jianhua & Fan Hongwei (Hengli, Textiles, Chemical Fiber & Real Estate) – $17.2 billion
  21. Lui Che Woo (Galaxy Entertainment, Gaming) – $17.2 billion
  22. Wang Wei (SF, Express Delivery) – $17.2 billion
  23. Wang Xing (Meituan, Life Service) – $17.2 billion
  24. Wei Jianjun & Hang Xuejuan (Great Wall Motor, Automobile) – $16.5 billion
  25. Huang Shilin (CATL, Battery Technology) – $15.8 billion
  26. Zhang Zhidong (Tencent, Internet Services) – $15.2 billion
  27. Li Xiting (Mindray, Pharmaceuticals) – $13.8 billion
  28. Peter Woo Kwong-ching (Wheelock, Estate Holding) – $13.8 billion
  29. Xu Hang (Mindray, Parkland, Health Tech & Real Estate) – $13.8 billion
  30. Yan Bin (Reignwood, Red Bull & Real Estate) – $13.8 billion
  31. Dang Yanbao (Baofeng Energy, Coal Chemical) – $13.1 billion
  32. Liu Hanyuan & Guan Yamei (Tongwei, New Energy & Agriculture) – $13.1 billion
  33. Zong Qinghou (Wahaha, Drinks) – $13.1 billion
  34. Lei Jun (Xiaomi, IoT & Investments) – $12.9 billion
  35. Joseph Lau Luen Hung (Chinese Estates, Estate Holding) – $12.7 billion
  36. Lin Li (Liye, Investments) – $12.4 billion
  37. Liu Yonghao (New Hope, Agriculture & Finance) – $11.8 billion
  38. Zheng Shuliang (Weiqiao Pioneering, Aluminum & Textiles) – $11.6 billion
  39. Li Yanhong & Ma Dongmin (Baidu, Internet Information Services) – $11.4 billion
  40. Chen Bang (Aier Ophthalmology, Medical Services) – $11 billion
  41. John Tu (Kingston Technology, Semiconductor) – $11 billion
  42. Pang Kang (Haitian, Food Flavorings) – $11 billion
  43. David Sun (Kingston Technology, Semiconductor) – $11 billion
  44. Richard Li Tzar Kai (PCCW, Telecommunications) – $10.6 billion
  45. Zhang Yong & Shu Ping (HaiDiLao, Restaurants) – $10.6 billion
  46. Kwong Siu Hing (Sun Hung Kai, Estate Holding) – $9.9 billion
  47. Gong Hongjia & Chen Chunmei (Hikvision, Video Surveillance Products) – $9.7 billion
  48. Liang Wengen (Sany, Heavy Machinery) – $9.7 billion
  49. Wang Junlin (Langjiu, Real Estate & Liquor) – $9.7 billion
  50. Chen Dongsheng (Taikang, Insurance) – $9.6 billion
  51. Li Xiang (Li Auto, E-cars) – $9.6 billion
  52. Wang Wenyin (Amer, Copper & Mining) – $9.6 billion
  53. Jiang Rensheng (Zhifei, Vaccines) – $9.3 billion
  54. Li Shuirong (RongSheng) – $9.3 billion
  55. Cai Haoyu (Mihoyo, Online games) – $9.2 billion
  56. Li Hua (Excellence, Real Estate) – $9.2 billion
  57. Wu Yajun (Longfor, Real Estate) – $9.1 billion
  58. Zhu Baoguo (Joint Care, Pharmaceuticals) – $8.8 billion
  59. Fang Wei (Fangda, Carbon, Steel & Coal) – $8.6 billion
  60. Barry Lin Bai-Li (Quanta Computer, Consumer Goods) – $8.6 billion
  61. Shen Guojun (Yintai, Retail & Real Estate) – $8.6 billion
  62. Yu Yong (Cathay Fortune, Molybdenum Minerals) – $8.6 billion
  63. Pei Zhenhua & Rong Jianfen (Canmax, Electronic Metals) – $8.5 billion
  64. Sun Piaoyang (Hengrui, Pharmaceuticals) – $8.4 billion
  65. Wang Liping (Hengli Hydraulic, Oil Cylinder) – $8.4 billion
  66. Terry Guo Tai-Ming (Hon Hai, Manufacturing) – $8.2 billion
  67. Richard Liu Qiangdong & Zhang Zetian (JD, E-Commerce & Financial Services) – $8.2 billion
  68. Luo Liguo (Hoshine, Silicon) – $8.2 billion
  69. Qi Shi (Eastmoney, Data Services) – $8.2 billion
  70. Xu Haoyu (Yangtze River Pharmacy, Pharmaceuticals) – $8.2 billion
  71. Chen Lihua (Fu Wah, Real Estate & Red Sandalwood Museum) – $8 billion
  72. Zhang Congyuan (Huali Industrial, Footwear) – $8 billion
  73. Du Shuanghua (Rizhao Iron and Steel, Steel) – $7.8 billion
  74. Wu Jianshu (Tuopu, Automobile parts) – $7.7 billion
  75. Wang Yusuo & Zhao Baoju (ENN, Gas & Energy) – $7.5 billion
  76. Wang Laisheng & Wang Yayuan (Luxshare Precision, Consumer Electronics) – $7.4 billion
  77. Chen Tianqiao & Luo Qianqian (Shanda, Investments) – $7.3 billion
  78. Wang Laichun (Luxshare Precision, Consumer Electronics) – $7.3 billion
  79. Cen Junda (Hengrui, Investments) – $6.8 billion
  80. Lai Haimin (Horoy, Real Estate) – $6.8 billion
  81. Li Ping (CATL, Battery Technology) – $6.8 billion
  82. Wang Tao (DJ, Drones) – $6.8 billion
  83. Xu Yangtian (Shein, E-Commerce) – $6.8 billion
  84. Huang Chulong (Galaxy, Real Estate & Investments) – $6.7 billion
  85. Chang Kuo-Hua (Evergreen, Logistic & Iron) – $6.6 billion
  86. Joseph Tsai Chung-Hsin (Alibaba, E-Commerce & Fintech) – $6.6 billion
  87. Cao Renxian & Su Lei (Sungrow Power Supply, Electric Equipment and Machinery) – $6.6 billion
  88. Yang Huiyan (Country Garden, Real Estate & Education) – $6.6 billion
  89. Wang Jianlin (Wanda, Real Estate) – $6.4 billion
  90. Yan Xin (Susun, Roads) – $6.4 billion
  91. Xu Shihui (Dali Foods, Food) – $6.3 billion
  92. Wendy Lee (Sun Hung Kai, Estate Holding) – $6.2 billion
  93. Liu Jincheng & Luo Jinhong (EVE Energy, Lithium Battery) – $6.2 billion
  94. Yao Liangsong (Oppein, Furniture) – $6.2 billion
  95. Zhou Qunfei & Zheng Junlong (Lens, Manufacturing) – $6.2 billion
  96. Zhu Mengyi (Hopson, Real Estate) – $6.2 billion
  97. Chen Shyan Tser (Polaris, Investments) – $6.2 billion
  98. He Xiaopeng (Xpeng Motors, E-cars) – $6.2 billion
  99. Jin Baofang (JA Solar, Solar Energy) – $6.2 billion
  100. Li Ge (Wuxi Pharma Tech, Pharmaceuticals) – $6.2 billion

 

List of 2023 Top 100 Richest in China – Table

S/N Name Rank  Wealth Company Industry
1 Zhong Shanshan 1 $62 billion YST Drinks, Pharmaceuticals
2 Ma Huateng 2 $38.6 billion Tencent Internet Services
3 Huang Zheng 3 $37.2 billion PDD Holdings E-Commerce
4 Zeng Yuqun 4 $34.4 billion CATL Battery Technology
5 Zhang Yiming 5 $33.7 billion ByteDance Social Media
6 Ding Lei 6 $33.1 billion Netease Internet Services
7 Li Ka-shing & Victor Li Tzar Kuoi 7 $28.9 billion Cheung Kong Diversified
8 He Xiangjian 8 $27.5 billion Midea Household Appliances,Real Estate
9 Li Shufu 9 $24.1 billion Geely Car Manufacturing
10 Ma Yun 10 $23.4 billion Alibaba E-Commerce,Fintech
11 Lee Shau Kee 11 $22 billion Henderson Land Estate Holding
12 Yan Hao 12 $20.7 billion China Pacific Construction Roads
13 Qin Yinglin, Qian Ying 13 $20 billion Muyuan Pig Farming
14 Lee Choi Mei Ling 14 $19.3 billion Lee Kum Kee Food Processing
15 Lyu Xiangyang, Zhang Changhong 14 $19.3 billion Youngy Investments
16 Wang Chuanfu 16 $28.6 billion BYD Automobile,New Energy
17 Zhang Gang 16 $18.6 billion Xinfalyudian Social Media
18 Liu Yongxing, Liu Xiangyu 18 $17.9 billion East Hope Aluminium,Feed
19 Henry Cheng Kar-shun 18 $17.9 billion Chow Tai Fook Estate Holding
20 Chen Jianhua, Fan Hongwei 20 $17.2 billion Hengli Textiles,Chemical Fiber,Real Estate
21 Lui Che Woo 20 $17.2 billion Galaxy Entertainment Gaming
22 Wang Wei 20 $17.2 billion SF Express Delivery
23 Wang Xing 20 $17.2 billion Meituan Life Service
24 Wei Jianjun, Hang Xuejuan 24 $16.5 billion Great Wall Motor Automobile
25 Huang Shilin 25 $15.8 billion CATL Battery Technology
26 Zhang Zhidong 26 $15.2 billion Tencent Internet Services
27 Li Xiting 27 $13.8 billion Mindray Pharmaceuticals
28 Peter Woo Kwong-ching 27 $13.8 billion Wheelock Estate Holding
29 Xu Hang 27 $13.8 billion Mindray,Parkland Health Tech,Real Estate
30 Yan Bin 27 $13.8 billion Reignwood Red Bull,Real Estate
31 Dang Yanbao 31 $13.1 billion Baofeng Energy Coal Chemical
32 Liu Hanyuan, Guan Yamei 31 $13.1 billion Tongwei New Energy,Agriculture
33 Zong Qinghou 31 $13.1 billion Wahaha Drinks
34 Lei Jun 34 $12.9 billion Xiaomi IoT,Investments
35 Joseph Lau Luen Hung 35 $12.7 billion Chinese Estates Estate Holding
36 Lin Li 36 $12.4 billion Liye Investments
37 Liu Yonghao 37 $11.8 billion New Hope Agriculture,Finance
38 Zheng Shuliang 38 $11.6 billion Weiqiao Pioneering Aluminum,Textiles
39 Li Yanhong, Ma Dongmin 38 $11.4 billion Baidu Internet Information Services
40 Chen Bang 40 $11 billion Aier Ophthalmology Medical Services
41 John Tu 40 $11 billion Kingston Technology Semiconductor
42 Pang Kang 40 $11 billion Haitian Food Flavorings
43 David Sun 40 $11 billion Kingston Technology Semiconductor
44 Richard Li Tzar Kai 44 $10.6 billion PCCW Telecommunications
45 Zhang Yong, Shu Ping 45 $10.6 billion HaiDiLao Restaurants
46 Kwong Siu Hing 46 $9.9 billion Sun Hung Kai Estate Holding
47 Gong Hongjia, Chen Chunmei 47 $9.7 billion Hikvision Video Surveillance Products
48 Liang Wengen 47 $9.7 billion Sany Heavy Machinery
49 Wang Junlin 47 $9.7 billion Langjiu Real Estate,Liquor
50 Chen Dongsheng 50 $9.6 billion Taikang Insurance
51 Li Xiang 50 $9.6 billion Li Auto E-cars
52 Wang Wenyin 50 $9.6 billion Amer Copper,Mining
53 Jiang Rensheng 53 $9.3 billion Zhifei Vaccines
54 Li Shuirong 53 $9.3 billion RongSheng RongSheng
55 Cai Haoyu 55 $9.2 billion Mihoyo Online games
56 Li Hua 55 $9.2 billion Excellence Real Estate
57 Wu Yajun 57 $9.1 billion Longfor Real Estate
58 Zhu Baoguo 58 $8.8 billion Joint Care Pharmaceuticals
59 Fang Wei 59 $8.6 billion Fangda Carbon,Steel,Coal
60 Barry Lin Bai-Li 59 $8.6 billion Quanta Computer Industry：Consumer Goods
61 Shen Guojun 59 $8.6 billion Yintai Retail,Real Estate
62 Yu Yong 59 $8.6 billion Cathay Fortune Molybdenum Minerals
63 Pei Zhenhua, Rong Jianfen 63 $8.5 billion Canmax Electronic Metals
64 Sun Piaoyang 64 $8.4 billion Hengrui Pharmaceuticals
65 Wang Liping 64 $8.4 billion Hengli Hydraulic Oil Cylinder
66 Terry Guo Tai-Ming 66 $8.2 billion Hon Hai Manufacturing
67 Richard Liu Qiangdong, Zhang Zetian 66 $8.2 billion JD E-Commerce,Financial Services
68 Luo Liguo 66 $8.2 billion Hoshine Silicon
69 Qi Shi 66 $8.2 billion Eastmoney Data Services
70 Xu Haoyu 66 $8.2 billion Yangtze River Pharmacy Pharmaceuticals
71 Chen Lihua 71 $8 billion Fu Wah Real Estate,Red Sandalwood Museum
72 Zhang Congyuan 71 $8 billion Huali Industrial Footwear
73 Du Shuanghua 73 $7.8 billion Rizhao Iron and Steel Steel
74 Wu Jianshu 74 $7.7 billion Tuopu Automobile parts
75 Wang Yusuo, Zhao Baoju 75 $7.5 billion ENN Gas,Energy
76 Wang Laisheng, Wang Yayuan 76 $7.4 billion Luxshare Precision Consumer Electronics
77 Chen Tianqiao, Luo Qianqian 77 $7.3 billion Shanda Investments
78 Wang Laichun 77 $7.3 billion Luxshare Precision Consumer Electronics
79 Cen Junda 79 $6.8 billion Hengrui Investments
80 Lai Haimin 79 $6.8 billion Horoy Real Estate
81 Li Ping 79 $6.8 billion CATL Battery Technology
82 Wang Tao 79 $6.8 billion DJ Drones
83 Xu Yangtian 79 $6.8 billion Shein E-Commerce
84 Huang Chulong 84 $6.7 billion Galaxy Real Estate,Investments
85 Chang Kuo-Hua 85 $6.6 billion Evergreen Logistic,Iron
86 Joseph Tsai Chung-Hsin 86 $6.6 billion Alibaba E-Commerce,Fintech
87 Cao Renxian, Su Lei 86 $6.6 billion Sungrow Power Supply Electric Equipment and Machinery
88 Yang Huiyan 86 $6.6 billion Country Garden Real Estate,Education
89 Wang Jianlin 89 $6.4 billion Wanda Real Estate
90 Yan Xin 89 $6.4 billion Susun Roads
91 Xu Shihui 91 $6.3 billion Dali Foods Food
92 Wendy Lee 92 $6.2 billion Sun Hung Kai Estate Holding
93 Liu Jincheng, Luo Jinhong 92 $6.2 billion EVE Energy Lithium Battery
94 Yao Liangsong 92 $6.2 billion Oppein Furniture
95 Zhou Qunfei, Zheng Junlong 92 $6.2 billion Lens Manufacturing
96 Zhu Mengyi 92 $6.2 billion Hopson Real Estate
97 Chen Shyan Tser 97 $6.2 billion Polaris Investments
98 He Xiaopeng 97 $6.2 billion Xpeng Motors E-cars
99 Jin Baofang 97 $6.2 billion JA Solar Solar Energy
100 Li Ge 97 $6.2 billion Wuxi Pharma Tech Pharmaceuticals

 




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