Below is the list of 10 Richest People in China, including source of wealth, residence, citizenship, family status, and much more, in reverse order of net worth.
10. Colin Huang
- Net Worth: $34.7 Billion
- Source of Wealth: E-commerce (Pinduoduo)
- Residence: Shanghai, China
- Citizenship: Chinese
- Did You Know?
- Colin Huang founded Pinduoduo, an e-commerce site from China, which has taken a high growth curve since it was started in 2015.
- Earlier, he was working as an engineer for Google on algorithms for search before he plunged deep into e-commerce.
- Colin Huang stepped down as CEO of Pinduoduo in 2020 but remains influential within the company.
- Family: Colin Huang is considered a private individual; very few details regarding his personal life or family have been shared publicly.
Jack Ma - Net Worth: $39.3 Billion
- Source of Wealth: E-commerce (Alibaba)
- Residence: Hangzhou, China
- Citizenship: Chinese
- Did You Know?
Below are a few of these: Jack Ma is founder of the Alibaba Group, a global conglomerate that covers e-commerce and technologies. He was once an English teacher who got rejected for several jobs before he became a tech billionaire. In 2019, he stepped down as the executive chairman for Alibaba but has remained active in various charitable and educational causes. - Family: Jack Ma is married to Zhang Ying, they also have three children.
8. Lei Jun
- Net Worth: $45.5 Billion
- Source of Wealth: Technology Xiaomi
- Residence: Beijing, China
- Citizenship: Chinese
- **Did You Know?
Lei Jun is a China-based business executive and founder of the global electronics company Xiaomi, known for its production of smartphones, smart home devices, among other technology gadgets.
Lei Jun had previously founded Joyo.com, which he later sold to Amazon. He has also invested in numerous other technology companies. - Family: Lei Jun is married and has children, though he is highly private about his personal life.
7. Zhong Shanshan
- Net Worth: $62.6 Billion
- Source of Wealth: Beverages (Nongfu Spring), Pharmaceuticals (Wantai BioPharm)
- Residence: Hangzhou, China
- Citizenship: Chinese
- Did You Know?
Founded Nongfu Spring, China’s largest bottled water company, Zhong Shanshan is also known as the “Lone Wolf.”
He is the major shareholder of Wantai BioPharm, a company involved in vaccines and diagnostics.
His net worth surged mainly because of the success of Wantai BioPharm with its vaccine production during the COVID-19 pandemic. - Family: Being always discreet about his life, Zhong Shanshan has never told anything publicly about his wife or children.
6. Wang Wei
- Net Worth: $64.5 Billion
- Source of Wealth: Logistics (SF Express)
- Residence: Shenzhen, China
- Citizenship: Chinese
- **Did You Know?
Wang Wei is the founder of SF Express, a leading logistics and express delivery company in China, similar to FedEx. He had built it from scratch. Starting as a small courier service, it grew under his hands-on approach into one of the largest logistics companies in the world. SF Express went public in 2017 and has since expanded internationally. - Family: Not much information related to Wang Wei’s family is available as he is considered to keep a private personal life.
5. Ma Huateng (Pony Ma)
- Net Worth: $69.9 Billion
- Source of Wealth: Technology (Tencent)
- Residence: Shenzhen, China
- Citizenship: Chinese
- **Did You Know?
- Huateng Ma, better known as Pony Ma, founded Tencent-a tech giant behind WeChat, one of the most popular messaging apps in the world.
- Tencent is also into gaming, entertainment, social media, and fintech, making it one of the most influential companies in China.
- Pony Ma is soft-spoken, discreet, and tight-lipped about himself and leans toward taking Tencent into international expansion.
- Family: Little is known about the family of Pony Ma, basically because he always kept his personal life a secret.
4. Brother-in-law of Jack Ma, Ma Yun
- Net Worth: $72.6 Billion
- Source of Wealth: Finance, Real Estate
- Residence: Hong Kong, China
- Nationality: Chinese
- **Interesting Fact
· Ma Yun, also referred to as “Brother Ma,” has close associations with Alibaba in financial services and real estate investments.
· Ma is still operational in business circles within China and, outside the internet sphere, has invested in both real estate and media. - Family: Ma Yun is discreet about his personal family life. He married and begot children.
3. Xu Jiayin
- Net Worth: $85.2 Billion
- Source of Wealth: Real Estate (Evergrande Group)
- Residence: Hong Kong
- Citizenship: Chinese
- **Did You Know?
Xu Jiayin is one of the founders of the Evergrande Group, among the most important developers in real estate in China. Due to the real estate crisis in China, this developer faced some serious financial setbacks at the end of 2021; however, it still retains influence over much of what happens within the national economy. Xu Jiayin has diversified into various sectors such as health, tourism, and electric cars. - Family: Xu Jiayin is married and keeps his family life private.
2. He Xiangjian
- Net Worth: $98.1 Billion
- Source of Wealth: Home Appliances (Midea Group)
- Residence: Foshan, China
- Citizenship: Chinese
- Did You Know?
- He Xiangjian founded Midea Group, the leading global manufacturer of home appliances.
- Its products are air conditioners, refrigerators, and kitchen appliances sold to every region in the world.
- It is now under the guidance of He Xiangjian; Midea has grown very fast and quickly expanded into other markets of the world.
- Family: The children of He Xiangjian have taken leadership roles within the business; his son has taken over the management of the company currently.
1. Li Ka-Shing
- Net Worth: $133.6 Billion
- Source of Wealth: Diversified CK Hutchison, Cheung Kong Infrastructure, Husky Energy
- Residence: Hong Kong, China
- Citizenship: Hong Kong – Special Administrative Region of China
- Did You Know?
- Li Ka-Shing is one of Asia’s wealthiest individuals, with interests that range from the operation of ports to energy, telecommunications, and retail.
He made strategic investments in Hong Kong and at the international level, making him one of the figures of international business. - Li Ka-Shing has donated billions for charitable causes, especially in education and healthcare.
- Family: Li Ka-Shing’s son, Victor Li, is the current chairman of CK Hutchison and has continued his father’s legacy in business. Li is also known to keep personal matters of his family private.
These individuals have shaped not just the Chinese economy but the global financial scenario with businesses ranging across e-commerce, technology, and real estate, to name a few.