HomeFeaturedBiographyTop 10 Richest People In China 2022

Top 10 Richest People In China 2022

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Top 10 Richest People In China 2022? The Middle Kingdom now has 626 billionaires, up from 388 in 2020, and is once again second only to the United States, which has 724 billionaires.

205 newbies were added this year as a result of China’s soaring stock market and speedy recovery from the Covid-19 outbreak, while another 53 who had slid off the list in prior years made the cut this time.

Hong Kong and Macao, which Forbes had listed, are not included in China’s count.

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These top 10 richest people have had a roller coaster year but are still richer.

Here are the top 10 richest people in China; Net Worth are as of January 2, 2022.

Zhong Shanshan Net Worth – $80.2B

Top 10 Richest People In China 2022
Zhong Shanshan

Age: 67

Source of Wealth: beverages, pharmaceuticals, Self Made

Residence: Hangzhou, China

Citizenship: China

His fortune grew by 3,345 percent when his bottled-water company, Nongfu Spring, went public in September 2020, giving him the year’s highest percentage gainer and China’s new richest person.

Beijing Wantai Biological Pharmacy, which went public on the Shanghai Stock Exchange in April 2020, is also chaired by Zhong.

Zhang Yiming Net Worth – $59.4B

Zhang Yiming Net Worth
Zhang Yiming

Age: 38

Source of Wealth: TikTok, Self Made

Residence: Beijing, China

Citizenship: China

Education: Bachelor of Engineering, Nankai University

Zhang Yiming is the creator and former CEO and chairman of ByteDance, one of China’s major media content platforms.

In 2020, the privately owned business raised new investment money at a $180 billion value; Zhang maintains a 22 percent ownership in ByteDance.

Sequoia Capital China is a shareholder in ByteDance, which is best known for its news app Toutiao and social video platform TikTok.

President Trump ordered ByteDance to sell TikTok’s U.S. operations in August 2020, but the deal never materialized.

Zhang was named to the Forbes China 30 Under 30 List in 2013.

Robin Zeng Net Worth – $52.9B

Robin Zeng Net Worth
Robin Zeng

Age: 53

Source of Wealth: batteries, Self Made

Residence: Ningde, China

Citizenship: Hong Kong

Education: Doctorate, Chinese Academy of Social Sciences

Contemporary Amperex Technology (CATL), one of the world’s major providers of batteries for electric vehicles, was founded and is led by Zeng.

CATL, which debuted on the Shenzhen Stock Exchange in 2018, counts BMW, Volkswagen, and Geely among its clients.

Zeng earned his Ph.D. from the Chinese Academy of Sciences’ Institute of Physics.
Zeng’s hometown of Ningde in Fujian Province is the headquarters of CATL.

Ma Huateng Net Worth – $49.1B

China Billonaires
Ma Huateng

Age: 50

Source of Wealth: internet media, Self Made

Residence: Shenzhen, China

Citizenship: China

Marital Status: Married

Education: Bachelor of Arts/Science, Shenzhen University

With the public offering of video-sharing app Kuaishou in February 2021, his web-media conglomerate Tencent, which holds shares in Tesla, Snap, and Spotify, scored another victory.

Tencent owns 18 percent of the Hong Kong-listed company and is best known for its messaging and social media program WeChat.

Jack Ma Net Worth – $36.4B

Jack Ma Net Worth 2022
Jack Ma

Age: 57

Source of Wealth: E-commerce, Self Made

Residence: Hangzhou, China

Citizenship: China

Marital Status: Married

Education: Bachelor of Arts/Science, Hangzhou Teacher’s Institute

Jack Ma, a former English teacher, cofounded Alibaba Group, one of the largest e-commerce companies in the world.

On Nov. 3, 2020, Hong Kong and Shanghai regulators delayed a planned IPO of fintech firm Ant Group, in which Ma is the largest individual stakeholder.

In September 2019, Alibaba’s executive chairman, Jack Ma, stepped down and was replaced by CEO Yong Zhang, also known as Daniel Zhang.

Aside from Alibaba, Ma has an interest in Huayi Brothers, a Chinese media and entertainment conglomerate.

Alibaba’s initial public offering (IPO) in New York in 2014 broke the record for the world’s largest public stock offering, raising $25 billion.

He Xiangjian Net Worth – $33.4B

He Xiangjian Net Worth-georgeweb
He Xiangjian

Age: 79

Source of Wealth: home appliances, Self Made

Residence: Foshan, China

Citizenship: China

Marital Status: Marriedl

Children: 3

Midea Group, founded by He Xiangjian, has grown to become one of the world’s largest appliance manufacturers.

In 1968, he organized a group of 23 citizens from Beijiao, Guangdong Province, to establish Midea, a lid manufacturing workshop.

Midea Group, whose stock is traded on the Shenzhen Stock Exchange, now has over 200 subsidiaries, including Kuka, a robotics company based in Germany.

In 2012, he retired from the company’s activities.
He Jianfeng, his son, is a Midea Group and Midea Real Estate Holding director.

William Lei Ding Net Worth – $31.8B

William Lei Ding

Age: 50

Source of Wealth: online games, Self Made

Residence: Hangzhou, China

Citizenship: China

Education: Bachelor of Arts/Science, University of Electronic Science and Technology of China

Netease, one of the world’s leading online and mobile games companies, is led by William Ding.
Mojang, a Microsoft company, and Blizzard Entertainment are among Netease’s business partners.

Faced with stiff competition from Chinese rival Tencent in the games market, Netease expanded into movies, online music, and e-commerce.

In 2003, Ding was China’s richest man and the country’s first internet and gaming millionaire.
Ding graduated from China’s University of Electronic Science and Technology with a B.S. in communication technology.

READ ALSO:  Top 10 Richest People In Hong Kong As Of 2022

Wang Wei Net Worth – $30.6B

Wang Wei Net Worth
Wang Wei

Age: 51

Source of Wealth: package delivery, Self Made

Residence: Shenzhen, China

Citizenship: China

S. F. Holding, also known as SF Express, is chaired by Wang Wei. It is a package delivery service known as the “FedEx of China.”

The firm received China’s first drone delivery license in March 2018.
S.F. was founded in 1993 in Shunde, Guangdong Province, with Wang owning roughly 60% of the company.

In early 2017, Wang took the package delivery company public via a reverse merger on the Shenzhen Stock Exchange.

Wei Jianjun & family Net Worth – $24.4B

Wei Jianjun
Wei Jianjun

Age: 57

Source of Wealth: automobiles, Self Made

Residence: Baoding, China

Citizenship: China

Marital Status: Married

Education: Bachelor of Arts/Science, Hebei Province

Great Wall Motor, China’s largest SUV manufacturer, is led by Wei Jianjun.

Wei took over the debt-ridden Great Wall Automobile Industry Company, the predecessor of the current company, when he was only 26 years old in 1990.

Before joining the Great Wall, Wei worked in a carpet factory and a water-pump factory.

Qin Yinglin & family Net Worth – $24.4B

Richest People In China 2022
Qin Yinglin

Age: 56

Source of Wealth: pig breeding, Self Made

Residence: Nanyang, China

Citizenship: China

Marital Status: Married

Chairman of China’s Muyuan Foodstuff, Qin Yinglin, gained his fortune as China’s largest pig breeder in the world’s largest pork market.

Qin was born in Henan, China’s most populous province, in the county of Neixiang.

He studied animal husbandry at Henan Agricultural University before launching his own company with his wife Qian Ying, who now serves on the Muyuan board of directors.

In 1992, the pair began their business with 22 pigs.

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