The socialist country of China is home to the world’s largest and fastest growing economy by nominal GDP and purchasing power, with growth rates averaging 10% over the last 30 years. They also porting the worlds is churning out billionaires faster than any other country on the planet and is home to 10% of the world’s billionaires. Around 75% of Asia’s billionaires come from China and India, with an impressive 94% are self-made.
Also worth noting is that China has an estimated $23 trillion worth of natural resources, 90% of which are coal and rare earth minerals. China is also the world’s largest manufacturing economy and exporter of goods. With a giant population of 1.379 billion people, you can imagine how hard it is to rise to the top in any industry.
#5. William Ding
Net worth: $16 billion
William Ding started his professional career as an engineer, working for the government in Ningbo. He then worked for the technology company Sybase in Guangzhou. In the late 90s, he founded the internet company, NetEase. NetEase’s site, 163.com, has become the 27th most visited site in the world, largely due to its multiplayer gaming applications, and the company now employs over 6000 people. Ding was the richest person in mainland China in the early 2000s, and his company is one of the most successful in Chinese history. His company Netease had revenue increases of 67% in 2016 to $5.5 billion, with the company stock being traded on the Nasdaq in the US.
Company: Chairman, Dalian Wanda Group
Industry: Commercial property
Wang Jianlin’s success has come from his Dalian Wanda Group Corporation Limited. The company initially started as a residential real estate company in 1988 and has since become among the largest of China’s conglomerates with investments in real estate, tourism, hotels, and entertainment. Jianlin has been the chairman of the Dalian Wanda Group since 1989. His profound leadership allowed the company to evolve drastically. His company currently has 380 AMC Theatres across the US, 71 Wanda Shopping Centers, and 40 five-star hotels in China. is a billionaire entrepreneur thanks to the success of his Dalian Wanda Group Corporation Limited. In 2012, the company acquired US based AMC Theatres for $2.6 billion.
#3. Hui Ka Yan
Net worth: $36.5 billion
Company: Evergrande Real Estate Group
Industry: Real estate
The real estate developer Hui Ka Yan is a testament to how much life can change in one year. has saw enormous growth in 2017, with his net worth rising by an astounding $27 billion. The shares in his real estate company, Evergrande Group, are highly coveted, with their stock price going up 393% in 2017 alone. The recipe for success that Yan has applied is to focus on small Chinese cities. Evergrande Group has nearly 600 projects in 200 cities across China. Yan’s fortune has nearly quadrupled since the start of 2017.
#2. Jack Ma
Net worth: $42 billion
Company: Alibaba Group
Jack Ma got started working as an English Teacher over 20 years ago and never thought of acquiring the fortune he has today. Starting in 1995, Ma visited the United States for the first time after starting a side business that specialized in translation services to assist other businesses with the Chinese export boom. During his visit the US, Ma was shown the Internet for the first time and became immediately fixated. His friend shared with Ma that anything you can dream of can be found on the internet with just the click of a button. In 1999, Jack brought 18 family and friends together in his apartment and for two hours instilled his vision in them. Every one of the 18 people bought in, providing Ma with 60,000 to start Alibaba. As of September 19th, 2014, Alibaba.com officially became the largest Initial Public Offering of all time, to be eclipsed by Facebook and other tech startups in the future. Jack Ma is also known founding the cryptocurrency TRON, which has a market cap of $2,375,883,258 and a current value of $.0361 per coin.
#1. Ma Huateng
Net worth: $44 billion
Company: Tencent Holdings
Ma Huateng works as a Chinese Internet entrepreneur, who adorns the nickname “Pony”. Huateng works as the founder, president, and chief executive officer and executive board member of Tencent Holdings, Ltd, which is among the largest telecommunications companies in asia. After Huateng earned a bachelors in software engineering in 1993, and then in 1998 founded Tencent with four friends. The following year, the company launched Tencent QQ, an instant messaging service which is very popular in China. This messaging platform quickly evolved into a massive communications service company.
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