Top 10 wealthiest people in China on the Hurun Rich List 2017

chinadaily.com.cn
Updated: Dec 18, 2017

Xu Jiayin, chairman of Evergrande Real Estate Group, became the richest person in China with a wealth of 290 billion yuan ($43.84 billion), according to a report by Hurun Research Institute released Oct 12.

Ma Huateng, chairman and CEO of Tencent Holdings, overtook Jack Ma, founder of Alibaba Group Holding, to claim second place with a fortune of 250 billion yuan on the Hurun Rich List 2017 in association with the China-based training platform 36G.

Although Jack Ma only grabbed the third spot with 200 billion yuan, about 43 shareholders of Alibaba and its affiliate Ant Financial made this year’s list with a snapshot of wealth calculations on Aug 15.

This is the 19th annual ranking of the richest individuals in China and the benchmark for being listed has remained 2 billion yuan for five consecutive years.

Here's a list of the top 10 wealthiest Chinese, with two tied at eighth place and two tied at tenth.

No 10 Li Shufu and Li Xingxing (father and son)
Wealth: 110 billion yuan ($16.63 billion)
Company: Zhejiang Geely Holding Group
Industry: Car manufacturing

Li Shufu, chairman of Zhejiang Geely Holding Group, attends the Fourth World Zhejiang Entrepreneurs Convention in Hangzhou, East China's Zhejiang province, Nov 29, 2017. [Photo/IC]

No 10 Ding Lei
Wealth: 110 billion yuan ($16.63 billion)
Company: NetEase Inc
Industries: IT, entertainment

Ding Lei, chairman and CEO of the Chinese internet company NetEase Inc, speaks at a forum of the second World Internet Conference in Wuzhen, East China's Zhejiang province, Dec 16, 2015. [Photo/VCG]

No 8 Yan Hao and family
Wealth: 115 billion yuan ($17.38 billion)
Company: China Pacific Construction Group
Industry: Roads

Yan Hao, chairman of China Pacific Construction Group, July 8, 2014. [Photo / IC]

No 8 He Xiangjian and He Jianfeng (father and son)
Wealth: 115 billion yuan ($17.38 billion)
Company: Midea Group
Industry: Home appliances

He Xiangjian, chairman and CEO of Midea Group, delivers a speech at the inauguration of the new Midea headquarters building in Guangzhou city, South China's Guangdong province, Oct 29, 2010. [Photo/IC]

No 7 Li Yanhong and Ma Dongmin (couple)
Wealth: 125 billion yuan ($18.90 billion)
Company: Baidu Inc
Industry: Search engine

Li Yanhong, co-founder, chairman and CEO of Baidu Inc, delivers a speech at a forum on AI during the fourth World Internet Conference, also known as the Wuzhen Summit, in Wuzhen, East China's Zhejiang province, Dec 4, 2017. [Photo by Zou Hong/China Daily]

No 6 Wang Wei
Wealth: 150 billion yuan ($22.67 billion)
Company: SF Express Group
Industry: Express delivery

Wang Wei, CEO of Chinese delivery and logistics firm SF Express Group, celebrates the listing of the company on the Shenzhen Stock Exchange in Shenzhen, South China's Guangdong province, Feb 24, 2017. [Photo/VCG]

No 5 Wang Jianlin and family
Wealth: 155 billion yuan ($23.43 billion)
Company: Dalian Wanda Group
Industries: Real estate, culture

Wang Jianlin, chairman and president of Dalian Wanda Group, attends the Asian Financial Forum in Hong Kong, Jan 18, 2016. [Photo/VCG]

No 4 Yang Huiyan
Wealth: 160 billion yuan ($24.19 billion)
Company: Country Garden Holdings
Industry: Real estate

Yang Huiyan, vice-chairwoman of Country Garden Holdings, shown in a still photo from a video of her wedding ceremony in Foshan, South China's Guangdong province, Nov 10, 2013. [Photo/IC]

No 3 Ma Yun and family
Wealth: 200 billion yuan ($30.23 billion)
Company: Alibaba Group Holding
Industries: E-commerce, financial technology

Jack Ma, founder of Alibaba Group Holding, shares views on globalization and technology in Guangzhou, South China's Guangdong province, Dec 6, 2017. [Photo by Feng Yongbin/China Daily]

No 2 Ma Huateng
Wealth: 250 billion yuan ($37.79 billion)
Company: Tencent Holdings
Industries: IT, entertainment

Ma Huateng, chairman and CEO of Tencent Holdings, delivers a speech at the China International Digital Economy Summit 2017 in Shijazhuang city, North China's Hebei province, Nov 23, 2017. [Photo/IC]

No 1 Xu Jiayin
Wealth: 290 billion yuan ($43.84 billion)
Company: Evergrande Real Estate Group
Industries: Real estate, investments

Xu Jiayin, left, chairman of Evergrande Real Estate Group. [Photo/Agencies]

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