China has been ruling as the most stable and prominent nation in Asia and is known for its remarkable progress in every possible field. Although the overall economy of the country is much stable, thanks to the local businessmen and their exploding new innovative businesses, the country has had been witnessing some major hits as per the natural disasters. Despite of all the tough and rough situations, there are some very prominent businessmen who are rich and have been playing an important part in keeping the economy balanced.
Let us today have a see through of the most richest people in China and know about them!
The man behind the most famous Alibaba group, its founder and executive chairman, Jack Ma is presently the richest man of China. He is a business magnate and philanthropist who took his e-commerce powerhouse Alibaba Group to new heights with $25 million initial public offering in 2014. He is also known for being the first Chinese entrepreneur to appear on Forbe’s cover. With an estimated net worth of $29.7 billion, he takes the first place in the list of the richest billionaires of China and eighteenth richest person in the world.
Li Yanhong, popularly known as Robin Li is the second richest Chinese business tycoon. He is the CEO of the largest Chinese search engine Baidu. in the field of internet business, he is considered as a smart mind and he is now taking the search engine to next generation by vice and image recognition. With an estimated net worth of $12billion, Li occupies the second spot of the list and he is the 119th richest person of the world.
The next on the list is another internet Giant of China, Tencent Inc. , founded by Ma Huateng. He is also known as Pony Ma in big entrepreneurs of the world. He gave the internet world a new aspect of doing business by offering online games with text messaging services. One of Tencent’s biggest projects is WeChat mobile texting service which generated a large revenue for the company. The net worth of Pony Ma is estimated to $14 billion that makes him the third richest person of China and seventieth of the world.
The first real estate businessman in the list of china’s richest billionaires, Wang Jianlin is on 4th spot of the list. He is th chairman of Dalian Wanda Group, which Is the largest real estate powerhouse in China with department stores, luxury hotels and shopping plazas. He launched a joint venture with Tencent and Baidu as Wanda-E- Commerce. His estimated net worth as of 2014 is $13.2 billion.
Li Hejun is the chairman of a most famous renewable energy company Hanergy Holdings. He is a successful businessman of China with an estimated net worth of $13 billion. This makes Li the fifth richest person of China. In 2014, Li purchased a Western thin film solar business Alta Devices of Claifornia which earned him a great revenue for his company.
the wealthiest entrepreneur in the field of food and beverages in China, Zong Qinghou makes him to be the sixth richest person of China. He is the chairman and CEO of Hangzhou Wahaha Group, the leading beverages company. He is also a delegate to the Chinese National People’s Congress. With a net worth of $11 billion, he is 35th richest person of the world.
The chairman of Amer International Group, a supplier of cable and copper products, Wang Wenyin is seventh richest person of China. He has got an estimated net worth of $10 billion. He has expanded his company to multiple mines and factories lately.
The next name on our list is of Steve Jobs of China. Yes, we have got none other than Lei Jun, the founder of Xiaomi Inc. , China’s largest smartphone and technology company. His smartphones are popular for amazing features with lowest prices in the market. His net worth is estimated to $9.1 billion making him the eighth richest person of China.
He Xiangjian is the co- founder of Midea, one of the largest appliance makers of China. In the recent past year, Midea generated $60 million in a U.S debt sale. This took his net worth to $7.5 billion. He is ranked as the ninth richest person of China and 136th richest in the world.
The last but not the least, Liu Qiangdong is Chinese internet entrepreneur and co-founder of JD.com. He is also known as Richard Liu. After listing his firm on NASDAQ in 2014, it has generated a revenue of almost $42 billion. He has got a net worth of $7.1 billion which takes him to the tenth spot in the list of richest people of China.
All for now, Did you know them already? Share your views!