Monday, August 24, 2015

More Chinese billionaires than ever - Rupert Hoogewerf

Rupert Hoogewerf
Rupert Hoogewerf
The Hurun Global Chinese Rich List 2015 is out and counts more billionaires than ever. And at least six of them come from Xiamen, notes Hurun founder Rupert Hoogewerf. Over 1,577 people with a fortune of 2 billion yuan (US$320 million) are listed according to WCT and WhatsonXiamen. And 18% are women.

WCT:
The Shanghai-based Hurun Report recently released its Hurun Global Chinese Rich List 2015, which indicated that the number of Chinese billionaires has hit a new high in 2015, with over 1,577 people with a fortune of 2 billion yuan (US$320 million) and above. Their total combined assets stands at US$2.1 trillion, 1.5 times the GDP of South Korea and equivalent to the Russian economy. 
Wang Jianlin, the head of real estate and entertainment conglomerate Dalian Wanda Group, has replaced Hong Kong property tycoon Li Ka-shing as the richest person in the Chinese-speaking world. Because Wanda's stock price jumped to a value of 330 billion yuan (US$52 billion) after the corporation purchased American movie theater chain AMC, Wang was able have access to both the US and Chinese markets. 
Jack Ma, founder of e-commerce giant Alibaba Group, came in third on the billionaires' list. Ma's personal assets passed US$3.6 billion after he made 33 aquisitions in the online sector. 
Also significant was that 18% of those on this year's list are women, including Kwong Siu-hing, the owner of Hong Kong's largest property development company, and Sun Hung-kai, the owner of Hong Kong real estate company Sun Hung Kai Properties, the two richest women in Hong Kong.
More in WCT. And from Xiamen:
6 tycoons from Xiamen are listed on the ranking. Lin Xiucheng from Sanan Group ranked 166th with 14 billion yuan, Huang Xi at 197th with 13 billion yuan, and Ke Xiping and Hou Cang Ping sharing the 405th place both with 7.3 billion yuan. 
The richest man in Fujian Province is Lin Wenjing from Rongqiao Group, ranking 72nd with 24.5 bilion yuan.
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