2022 Hurun China Rich List: 946 Billionaires in China with $3.5 Trillion Wealth, Best Animals are Rabbits, Dragons & Snakes and Worst Animal is Rat

Shanghai, China Caproasia.com | The leading source of data, research, information & resource for investment managers, professional investors, UHNW & HNW investors, and advisors to institutions, billionaires, UHNWs & HNWs. 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? Caproasia - Learn more

This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.






2022 Hurun China Rich List: 946 Billionaires in China with $3.5 Trillion Wealth, Best Animals are Rabbits, Dragons & Snakes and Worst Animal is Rat

12th November 2022 | Hong Kong

Hurun Research Institute has released the 2022 China Rich List, a ranking of the richest individuals in China with more than $710 million (CNY 5 billion) of wealth.  In 2022, there are 1,305 with more than $710 million (CNY 5 billion) with a total of $3.5 trillion of wealth.  There are 946 billionaires in China, with 56 billionaires with more than $10 billion.  The richest in China is Zhong Shanshan – $65 billion (Nongfu Spring, YST) and the richest woman in China is Yang Huiyan – $10.7 billion (Country Garden).  The top China cities with the most top 100 rich list ($6.6 billion) are Guangdong (22), Beijing (14), Hong Kong (12), Jiangsu (10), Zhejiang (10), Shanghai (4) and Sichuan (4).  The best animals are Rabbits, Dragons, Snakes, Monkeys & Roosters and the worst animal is Rat (Chinese Star Signs).  None of the Top 10 Rich List 20 years ago is still in the Top 10 Rich List in 2022.  Only 1 entrepreneur (Pony Ma Huateng) who was in the Top 10 Rich List 10 years ago is still in the Top 10 this year.  See key findings & summary below | View the full list here.

” 946 Billionaires in China with $3.5 Trillion Wealth.  Top China cities: Guangdong, Beijing, Hong Kong, Jiangsu, Zhejiang.

Best animals are Rabbits, Dragons, Snakes, Monkeys & Roosters and the worst animal is Rat “

 

Ads & Announcements


2022 Hurun China Rich List: Shanghai, China 1) Key China Rich List Findings

• 1,305 with more than $710 million (CNY 5 billion) with a total of $3.5 trillion
• No. Billionaires: 946
• Billionaires with more than $10 billion: 56
• Richest in China: Zhong Shanshan – $65 billion (Nongfu Spring, YST)
• Richest Woman in China: Yang Huiyan – $10.7 billion (Country Garden)
• Under 40: 94 individuals with more than $710 million (CNY 5 billion) 
• Age 32 & younger (Born after 1990): 17 individuals with more than $710 million (CNY 5 billion) 
• Average Age: 58
• Cities with most entrepreneurs: Beijing, Shenzhen, Shanghai, Hong Kong & Hangzhou
• Entrepreneurs from Hong Kong, Macao & Taiwan: 140
• Inherited Wealth: 95 individuals (Mainly from Property & Manufacturing)
• 1 Death: Fong Yung Wah (Age 98 in January 2022).  Son David Fong Man-hung inherited $2 billion
• Chinese Star Signs Best Animal: Rabbits, Dragons, Snakes, Monkeys, Roosters
• Chinese Star Signs Worst Animal: Rats, Pigs

There are 12 Chinese zodiac signs based on the lunar calendar, assigning an animal to each year over 1 cycle of 12 years.  The zodiac sign animals are: Rat, Ox, Tiger, Rabbit, Dragon, Snake, Horse, Goat, Monkey, Rooster, Dog, & Pig. 

 

2) In Crisis

• In prison: Wang Zhenhua of Seazen.
• Under investigation: Chau Cheok Wa of LET Group.
• Funding issues, share freezes: Wang Wenxue of China Fortune Land Development, Lu Zhiqiang of Oceanwide Holdings, Zhang Jindong of Suning, Lin Tengjiao of LET Group, Liu Xuejing of GMK, Zhang Jing of Cedar. Guo Guangchang of Fosun 

3) Top 100 Rich List Findings ($6.6 billion):

• Cities with most top 100: Guangdong (22), Beijing (14), Hong Kong (12), Jiangsu (10), Zhejiang (10), Shanghai (4), Sichuan (4) 
• Top 3 in Hong Kong: Li Ka-shing ($31.4 billion, Cheung Kong), Lee Shau Kee ($20.7 billion, Henderson), Wang Wei ($20.7 billion, SF Express)
• Top 2 in Singapore: Li Xiting ($15.7 billion, Mindray), Zhang Yong & Shu Ping ($8.7 billion, Haidilao)
• 1 in Taiwan: Terry Guo Tai-Ming ($8.1 billion, Hon Hai / Foxconn)
• 1 in Dubai: Zhao Changpeng ($11.4 billion, Binance)

4) China Top 10 Richest in 2022:

Zhong Shanshan – $65 billion (Nongfu Spring, YST)

Zhang Yiming – $35 billion ($35 billion, ByteDance)

Zeng Yuqun – $32.9 billion (CATL)

Li Ka-shing – $31.4 billion (Cheung Kong)

Pony Ma Huateng – $30.7 billion (Tencent)

Ding Lei – $27.9 billion (Netease)

He Xiangjian – $27.1 billion (Midea)

Qin Yinglin & Qian Ying – $26.4 billion (Muyuan)

Jack Ma Yun – $25.7 billion (Alibaba)

Huang Zheng – $24.3 billion (Pinduoduo)

Hurun Report: None of the Top 10 20 years ago is still in the Top 10 Rich List in 2022.  Only 1 entrepreneur (Pony Ma Huateng) who was in the Top 10, 10 years ago  is still in the Top 10 this year.  4 of the Top 10 from 5 years ago (Pony Ma Huateng, Jack Ma Yun, He Xiangjian and Ding Lei) are still in the Top 10 this year.

 

2022 Hurun China Rich List Top 100: Rank Name Wealth Key Business Industry Residence 1 Zhong Shanshan $65 billion Nongfu Spring, YST Bottled Water, Health Food Zhejiang 2 Zhang Yiming $35 billion ByteDance Social Media Beijing 3 Zeng Yuqun $32.9 billion CATL Lithium Battery Fujiang 4 Li Ka-shing $31.4 billion Cheung Kong Diversified Hong Kong 5 Pony Ma Huateng $30.7 billion Tencent Internet, Technology Guangdong 6 Ding Lei $27.9 billion Netease Internet, Gaming Zhejiang 7 He Xiangjian $27.1 billion Midea Appliance Maker Guangdong 8 Qin Yinglin & Qian Ying $26.4 billion Muyuan Pigs Henan 9 Jack Ma Yun $25.7 billion Alibaba, Ant Group E-Commerce, Fintech Zhejiang 10 Huang Zheng $24.3 billion Pinduoduo E-Commerce Shanghai 11 Chen Jianhua & Fan Hongwei $21.4 billion Hengli Petrochemicals, Textiles Jiangsu 11 Liu Yongxing & Liu Xiangyu $21.4 billion East Hope Chemicals, Animal Feeds Shanghai 11 Lu Xiangyang & Zhang Chanhong $21.4 billion Youngy, BYD Investment, Electric Car Guangdong 14 Lee Shau Kee $20.7 billion Henderson Land Property Hong Kong 14 Wang Chuanfu $20.7 billion BYD Electric Car Guangdong 14 Wang Wei $20.7 billion SF Express Delivery Services Hong Kong 14 Yan Hao $20.7 billion China Pacific Construction Construction Jiangsu 18 Henry Cheng Kar-shun $20 billion Chow Tai Fook Jewelry, Property Hong Kong 19 Lee Choi Mei Ling $19.3 billion Lee Kun Kee Asian sauces Hong Kong 20 Li Shufu $19.3 billion Geely Car Maker Zhejiang 21 Pang Kang $18.6 billion Haitian Soy Sauce, Food Processing Guangdong 21 Wei Jianjun & Han Xuejuan $18.6 billion Great Wall Motor Car Maker Heibei 23 Liu Hanyuan & Guan Yamei $17.9 billion Tongwei Solar, Agriculture Sichuan 24 Peter Woo Kwong-ching $17.1 billion Wheelock Property Hong Kong 25 Wang Xing $16.4 billion Meituan E-Commerce Beijing 26 Huang Shilin $15.7 billion CATL Lithium Battery Fujian 26 Li Xiting $15.7 billion Mindray Medical Singapore 26 Wang Wenyin $15.7 billion Amer Industrial Guangdong 26 Xu Hang $15.7 billion Mindray, Parkland Medical, Property Guangdong 30 Richard Liu Qiangdong $15 billion JD Internet, E-Commerce Beijing 30 Yan Bin $15 billion Reignwood Beverages Beijing 32 Lui Che Woo $14.3 billion Galaxy Entertainment Casino, Entertainment Hong Kong 32 Wang Jianlin $14.3 billion Dalian Wanda Diversified Beijing 32 Zong Qinghou $14.3 billion Wahaha Beverages Zhejiang 35 Luo Liguo $14 billion Hoshine Silicon Zhejiang 36 Chen Bang $13.6 billion Aier Ophthalmology Hospital Hunan 36 Liu Yonghao $13.6 billion New Hope Agribusiness Sichuan 36 Zhang Family $13.6 billion Xinfa Group Aluminum Shandong 36 Zhang Zhidong $13.6 billion Tencent Internet, Technology Guangdong 40 Joseph Lau Luen Hung $13 billion Chinese Estates Property Hong Kong 41 Lin Li $12.6 billion Liye Investments Guangdong 42 Chen Dongsheng $11.8 billion Taikang Insurance Beijing 43 Jiang Rensheng $11.7 billion Zhifei Vaccines Chongqing 43 Zheng Shuliang $11.7 billion Weiqiao Pioneering Textiles, Aluminum Shandong 45 Zhao Changpeng $11.4 billion Binance Blockchain, Crypto Dubai 46 Li Yanhong & Ma Dongmin $10.8 billion Baidu Internet Beijing 47 Du Shuanghua $10.7 billion Rizhao Iron and Steel Steel Shandong 47 Lei Jun $10.7 billion Xiaomi Mobile Beijing 47 Yang Huiyan $10.7 billion Country Garden Property Guangdong 50 Wang Yusuo & Zhao Baoju $10.5 billion ENN Energy & Gas, Clean Energy Heibei 50 Wu Yajun $10.5 billion Longfor Property Beijing 52 Dang Yanbao $10.4 billion Baofeng Energy Energy, Hydrogen Ningxia 53 Li Zhengguo & Li Xiyan $10.4 billion Longi Silicon Shanxi 54 Jin Baofang $10.1 billion JA Solar Solar Energy Heibei 54 Li Shuirong $10.1 billion RongSheng Petrochemicals Zhejiang 56 Liang Wengen $10 billion Sany Machinery Hunan 57 Kwong Siu Hing $9.9 billion Sun Hung Kai Property Hong Kong 57 Xu Haoyu $9.9 billion Yangtze River Pharmacy Pharmaceutical Jiangsu 59 Qi Shi $9.9 billion Eastmoney Information Shanghai 60 Pei Zhenhua & Rong Jianfen $9.8 billion Canmax Eletronics, Machinery Jiangsu 61 Huang Chulong $9.3 billion Galaxy Group Property Guangdong 61 Li Hua $9.3 billion Excellence Property Guangdong 63 Zhu Baoguo $9.1 billion Joint Care Pharmaceutical Guangdong 64 Gong Hongjia & Chen Chunmei $8.8 billion Hikvision Internet, Video Surveillance Hong Kong 64 Richard Li Tzar Kai $8.8 billion PCCW Telecommunications Hong Kong 64 Wang Junlin $8.8 billion Langjiu Liquor Sichuan 67 Zhang Yong & Shu Ping $8.7 billion Haidilao Hotpot Restaurant Singapore 68 Liu Jincheng & Luo Jinhong $8.6 billion EVE Energy Battery Guangdong 69 Miao Hangen & Zhu Hongmei $8.5 billion Shenghong Printing & Dyeing Printing, Dyeing Jiangsu 70 Yu Yong $8.4 billion Cathay Fortune, Hongshang Investment, Mining Shanghai 71 Yao Liangsong $8.4 billion Oppein Furniture Guangdong 71 Zhang Congyuan $8.4 billion Huali Industrial Manufacturer, Sports Shoes Guangdong 73 Chen Lihua $8.3 billion Fu Wah Property Beijing 73 Jiang Weiping $8.3 billion Tianqi Mining Sichuan 75 Terry Guo Tai-Ming $8.1 billion Hon Hai (Foxconn) Eletronics Taiwan 76 Shen Guojun $8.1 billion Yintai Diversified Beijing 76 Wang Laisheng & Wang Yayuan $8.1 billion Luxshare Precision Consumer Electronics Guangdong 76 Wu Jianshu $8.1 billion Tuopu Automobile Parts Zhejiang 79 Wang Laichun $8.1 billion Luxshare Precision Consumer Electronics Guangdong 79 Zhang Hejun $8 billion Deye Technology Technology Zhejiang 81 Gao Jifan $7.5 billion Trinasolar Solar Energy Jiangsu 82 Sun Piaoyang $7.4 billion Hengrui Pharmaceutical Jiangsu 83 Cao Renxian $7.3 billion Sungrow Power Supply Electric, Machinery Anhui 83 Li Ping $7.3 billion CATL Lithium Battery Fujian 83 Lin Jianhua & Zhang Hong $7.3 billion First Applied Material Solar Films Zhejiang 83 Zhong Huijuan $7.3 billion Hansoh Pharmaceutical Jiangsu 87 Chen Tianqiao & Luo Qianqian $7.15 billion Shanda Investment, Gaming California, US 87 Lai Haimin $7.15 billion Horoy Property Guangdong 87 Wang Liping $7.15 billion Hengli Hydraulic Hydraulic Jiangsu 87 Frank Wang Tao $7.15 billion DJI Commerical Drones Guangdong 87 Xu Yangtian $7.15 billion Shein E-Commerce Guangdong 87 Zhu Mengyi $7.15 billion Hopson Property Guangdong 93 Zhao Yan $7.1 billion Bloomage Biotechnology Beijing 94 Joseph Tsai Chung-Hsin $7 billion Alibaba, Ant Group E-Commerce, Fintech Hong Kong 94 John Tu $7 billion Kingston Technology Semiconductor Los Angeles, US 94 David Sun $7 billion Kingston Technology Semiconductor Los Angeles, US 94 Yan Xin $7 billion Sunsun Construction Construction Jiangsu 98 Sun Shoukuan $6.9 billion Jiacheng Steel, Resources Liaoning 99 Fang Wei $6.6 billion Fangda Materials Beijing 99 Jian Jun $6.6 billion Imeik Biotechnology Beijing

View the full list here.

 

 

The Hurun Research Institute released, in association with premium baijiu brand Hengchang Shaofang, the Hurun China Rich List 2022, a ranking of the richest individuals in China. The cut-off was CNY 5 billion (equivalent to US$710 million), and wealth calculations are from 15 September 2022. This is the 24th year of the list.

Rupert Hoogewerf, Hurun Report Chairman and Chief Researcher:

“This year has seen the biggest fall in the Hurun China Rich List of the last 24 years with the overall number of individuals down more than 10% and their wealth down by nearly 20%, driven largely by the drop in real estate and healthcare entrepreneurs.  Part of the reason has been a global economy downturn, led by the fallout from the Russia-Ukraine war, a sharp drop in tech prices and the generally slow post-Covid economic recovery, but also at the national level, the continued disruptions to the economy from localised Covid outbreaks. The result? China’s stock market has fallen sharply, with the Hang Seng Index and Shenzhen Component Index falling by more than 20% compared with the same period last year, and the Shanghai Composite Index also falling by more than 10%. However, it is worth noting that although the number of individuals has decreased so much, it is still nearly 50% more than five years ago, four times that of ten years ago, and more than 400 times that of twenty years ago.”

 

Hurun Report

Established in the UK in 1999, Hurun is a research, media and investments group, promoting entrepreneurship through its lists and research. Widely regarded as an opinion-leader in the world of business, Hurun generated 6 billion views on the Hurun brand last year, mainly in China and India.  Best-known today for the Hurun Rich Index series, telling the stories of the world’s successful entrepreneurs in China, India and the world, Hurun’s two other key series include the Hurun Start-up series and the Hurun 500 series, a ranking of the world’s most valuable companies.  The Hurun Start-up series begins with the Hurun U30s, an awards recognizing the most successful entrepreneurs under the age of thirty, and is today in seven countries. Next up are Hurun Cheetahs, Chinese and Indian start-ups with a valuation of between US$300mn to US$500mn, most likely to go unicorn with five years.  Hurun Global Gazelles recognize start-ups with a valuation of US$500mn to US$1bn, most likely to go unicorn within three years. The culmination of the start-up series is the Hurun Global Unicorn Index.  Other lists include the Hurun Philanthropy Index, ranking the biggest philanthropists, the Hurun Art Index, ranking the world’s most successful artists alive today.  

2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM

Register Below
Latest 2022 data & reports, insights & news
Every Saturday & Sunday 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

For Investors | Professionals | Executives


New to Caproasia?
Join 10,000 +
Learn More | Sign Up Today
Caproasia.com | Caproasia Access
2022 Events | TFC - Find Services
Grow Business | Contact Us




For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Subscribe / Sign Up / Contact Us

Sign Up / Subscribe:
Mailing ListFree TrialInvestor $680 YearlyProfessional $680 YearlyExecutive $2,000 Yearly

Interests / Events / Summits / Roundtables / Networking:
Private WealthFamily OfficePrivate BankingWealth ManagementInvestmentsAlternativesPrivate MarketsCapital MarketsESG & SICEO & EntrepreneursTax, Legal & RisksHNW & UHNWs Insights

Your Name*

Company*

Job Title*

Email 1 (Work / Personal)*

Email 2 (Work / Personal)

Contact No.

Country

Your Message (leave blank if none)