Nongfushanquan founder Zhong ___ has shocked not only China but the world by becoming China's richest man with his bottled water, according to the Hurun 100 list released today.
Yun Ma, who was ranked No. 1 in 2020, fell out of the top three for the first time in three years after Chinese regulators tightened oversight of Ant Group and launched an antitrust investigation into Alibaba.
For the first time on record, no real estate entrepreneurs in China made the top 10, with Li Ka-shing and Hui Ka-yin, who were ranked in the top five last year, both dropping out of the top 10.
Metro's "2019 Hurun 100 Person of the Year," Wang Xing, 42, more than tripled his wealth to 220 billion yuan, placing him among the world's top 50.
E-cigarettes have become big business in China.With a fortune of 125 billion yuan, Chen Zhiping, 45, a maker of electronic atomizers, almost into the world's top 100, while 39-year-old Wang Win of e-cigarette brand RELX York is the world's richest woman under 40 with a fortune of 71 billion yuan.
Wang Ning of POP MART, the "King of Blind Boxes," and Yang Tao, 34, are among the world's top 500 with a fortune of 52 billion yuan.
Thanks to industry consolidation, Chen, 50, and Fan Hongwei, 54, a Suzhou-based textile materials maker, increased their wealth by 167 percent to 260 billion yuan, placing them among China's top 10.
Restaurants, hotels and even airlines had a strong year. The fortunes of Hailu's Zhang Yong, 50, and Shu Ping, 51, grew 138 percent to 245 billion yuan. Life in China's Chi Trace, 55, saw his wealth grow 50 percent to $31 billion, while Spring Airlines' Wang Zhenghua, 77, saw his wealth grow 58 percent to $12.5 billion.
Real estate trading platform Shell's Zuo Hui, 50, saw his wealth grow sevenfold to $136 billion.
Makers of vaccines, medical devices and personal protective equipment had a strong year. Feitian Bio's Jiang Jensheng, 68, tripled his wealth to 170 billion yuan. Medical device makers Myriad's Li Xiting, 70, and Xu Hang, 59, each more than doubled their fortunes to 150 billion yuan. 64-year-old Li made the list for the first time with a fortune of 52.5 billion yuan.
Golden Phoenix, 38, made the list for the first time with a fortune of 24 billion yuan. He is the founder of cosmetics startup Perfect Diary.
The stock market is so hot that stockbrokers have made a lot of money this year. In fact, the 51-year-old Oriental fortune more than tripled to $81 billion.
The robotics market was good this year. Coors' 63-year-old Qian's fortune more than quadrupled to 46.5 billion yuan. 39-year-old Chang Jing of Roborock made the list for the first time with a fortune of 18 billion yuan. Chen Bangcai, 56, of Aier Eye, tripled to 170 billion yuan.
Benefiting from the rapid growth of Hansen and Hengrui Pharmaceuticals, Sun Piao Yang and Zhong Huijuan's combined wealth rose more than 50 percent to 280 billion yuan. In the past two years, their wealth has increased by 200 billion yuan.
Qin Yinglin and Qian Ying, the "pig kings" of Makuhari, doubled their wealth to 265 billion yuan, cementing their position in China's top 10. Their wealth increased by 230 billion yuan in two years.
Yu, 55, of semiconductor company Weir, saw his wealth double to 90 billion yuan, a 12-fold increase in two years. Last year, Yu pledged to donate $20 billion to build a university in his hometown.
Lei Jun, 52, of Xiaomi more than doubled his wealth to 204 billion yuan, ranking among the world's top 50; Li Yongxin, 45, of Zhonggong Education, who started out in civil service exams and training, more than doubled his wealth to 142 billion yuan, ranking among the world's top 100 and becoming the world's richest man in education.
JD. COM Liu, 48, and Baidu, 52, more than doubled their wealth to rank among the world's top 100; Huawei's Ren, 77, is one of a handful of entrepreneurs in China whose wealth has shrunk by 3 percent to 19 billion yuan.
The most notable losers in 2021 were Luckin coffee Lu (last year's wealth of 24 billion yuan) and 44-year-old Qian (last year's wealth of 12 billion yuan), after Ruixing was found to have fraudulent income. Debt-ridden HNA man Chen Feng (wealth $13 billion last year) was listed among them.
Chinese entrepreneurs engaged in emerging industries accounted for 36 percent of the total, up 4 percentage points from the previous year; 64 percent were in traditional industries.
Among the entrepreneurs in emerging industries on the list, the advanced manufacturing industry has the largest number of entrepreneurs, with 167, an increase of 60 from the previous year, accounting for 43 percent of the total number of entrepreneurs on the list
Among the emerging industries, the second-largest number of entrepreneurs on the list is still in the big health industry, with 86, an increase of 33 from the previous year, accounting for 22 percent of the total number of entrepreneurs on the list in emerging industries. Topping the list in this industry is Bong Chen of Aier Ophthalmology, followed by the Jiang Rensheng family of Zhifei Biologicals and Li Xiting of Myriad.
Here is the Hurun list:
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Related Q&A: who's on China's rich list?The Chinese billionaires on the 2021 Forbes Rich List are Ma Huateng, Huang Zheng, Jack Ma, Wang Wei and Zhang Yiming.
1, Ma Huateng
Ma Huateng, Han nationality, Shantou City, Guangdong Province, Chao Nan District, was born on October 29, 1971 in Guangdong Province, Dongfang County, Bashang Port (now belongs to the city of Dongfang, Hainan Province. 1993 received a bachelor's degree in science from Shenzhen University.
One of the main founders of Tencent. He is currently the Chairman of the Board of Directors and Chief Executive Officer of Tencent, Vice Chairman of the All-China Youth Federation, and a deputy to the National People's Congress.
Ma Huateng is ranked 15th on the 2021 Forbes Rich List with $65.8 billion.
2, Huang Zheng
Huang Zheng, a native of Hangzhou, Zhejiang Province. Entrepreneur, founder of Pinduoduo and former chairman of Pinduoduo.
Bachelor's degree from Zhejiang University in 2002, master's degree in computer science from the University of Wisconsin-Madison in 2004, and then joined Google in the U.S. In 2006, he returned to China, and participated in the founding of Google's China office.
In 2007, he left Google to start his own business, founding an e-commerce agency and a gaming company. in April 2015, he founded Pinduoduo, creating a new model of social e-commerce. in September 2016, Pinduoduo and Pinduoduo announced their merger, with Huang Zheng serving as chairman and chief executive officer of the new company.
2021 Forbes rich list Huang Zheng ranked 21st with 55.3 billion dollars.
3, Ma Yun
Ma Yun, male, Han nationality, member of the Chinese **** Party, born on September 10, 1964 in Hangzhou City, Zhejiang Province, with an ancestral home in Gulai Town, Shengzhou City, Zhejiang Province, the main founder of the Alibaba Group, is now a director of SoftBank in Japan, Chairman of the Board of Governors of The Nature Conservancy in China and a member of the Global Board of Directors, a director of Huayi Brothers and a director of the Breakthrough Prize in Life Sciences Foundation, Co-Chair of the United Nations High Level Panel on Digital Cooperation.
2021 Forbes Rich List Jack Ma is ranked 26th with $48.4 billion.
4, Wang Wei
Wang Wei, originally from Shunde, Guangdong, born in Shanghai in October 1970, is the founder and chairman of the board of directors of SF Express Group Limited and a director of Greater Bay Area Aviation Limited. Wang Wei moved to Hong Kong at the age of seven, and in the 1990s, he saw business opportunities in logistics between the two places.
At that time, there was an increasing demand for the delivery of industrial and commercial letters and goods between the two places, and he resolutely raised 100,000 dollars from his parents to start his business. In the late nineties, SF was already a leader in the field. With the rise of Taobao and online shopping, he went from chartering planes to organizing his own airline to deliver goods in the fastest and safest way, which led to the success of SF Express.
2021 Forbes Rich List Wang Wei is ranked 35th with $39 billion.
5, Zhang Yiming
Zhang Yiming, male, born in 1983 in Yongding District, Longyan City, Fujian Province, Hakka people, graduated from Nankai University, Beijing Byte Jump Technology Co., Ltd. founder, CEO, founder of today's headlines, the original CEO.
Zhang Yiming graduated from the Nankai University in 2005, majoring in software engineering, and participated in the creation of a number of Coolsun, JiuJiuFang, and other In 2012, Zhang Yiming founded ByteDance.
2021 Forbes rich list Zhang Yiming ranked 39th with 35.6 billion dollars.
Forbes Chinese - Forbes Releases 2021 Global Billionaires List of People Who Made the List