Zhongshan (68), the founder of “Nongfu Mountain Quan,” which is called China’s national bottled water, was named the richest Chinese this year following last year. The Hurun Report, which has been announcing the ranking of Chinese wealth every year, announced on the 8th that it has selected Zhongshan chairman as China’s richest man this year.
Chairman Joong’s disclosed assets were estimated to be 455 billion yuan (about 63 billion dollars), up 65 billion yuan from last year. It is the largest asset size among those who have been named as the No. 1 richest man in China in the past 20 years.
Jang, a 39-year-old, was selected for second place this year. Chairman Jang is the CEO and founder of TikTok’s parent company, BideDance, which has become a worldwide hit.
Chairman Jang’s disclosed personal assets are known to amount to 245 billion yuan, down about 95 billion yuan from last year.
In addition, Zeng Yuqun, founder and CEO of China’s Ningdus Dai, the world’s largest electric vehicle battery company, was ranked third in China’s richest ranking with personal assets of 230 billion yuan (about 31.85 billion dollars).
Chairman Zeng’s assets have decreased by about 90 billion yuan (about 12.3 billion dollars) compared to last year.
According to the survey report, as of this year, the number of entrepreneurs who own more than 5 billion yuan (about $690 million) in personal assets alone amounts to 1,305. However, this is an 11% decrease compared to the same period last year.
In addition, the total assets of entrepreneurs listed on the Chinese stock market also decreased significantly, with the total assets of entrepreneurs falling about 18% to 24.5 trillion yuan compared to the same period last year.
Among them, the number of entrepreneurs with assets of more than 7.2 billion yuan was 946, down 239 from last year.
At the same time, the number of young entrepreneurs born in the 90s reached 17 out of entrepreneurs who owned more than 5 billion yuan (about $692 million) at the same period.
This is three more people than last year.One of the most well-known figures among them is Niei Chen, the founder of the Chinese milk tea franchise Heytea. The 31-year-old CEO is a self-made rich man who owns 8.5 billion yuan (about $1.157 billion) in personal assets alone.
In addition, it was confirmed that Manner Coffee’s founder Lu Jensha and his husband, Han Yu-long, owned 7 billion yuan (about $940 million), more than twice as much assets as last year.
Manner Coffee gained fame in China for its cost-effective coffee, which became a hot topic in that both couples are self-made entrepreneurs from baristas.
Shuo Wang (32), who was born in Beijing but founded Deel, a global personnel management relay platform based in the U.S., owns 5 billion yuan (about $692 million) in personal assets, the survey showed.
EJ SONG
ASIA JOURNAL
