Two other billionaires – the CEO of internet giant Tencent, Pony Ma, and the founder of popular bottled water brand Nongfu, Zhong Shanshan – also made it into the top three.
Big suicide bombing in Kabul kills 18 at education center, Jerry Jeff Walker, Texas singer and songwriter, dies at 78, Fighting over Nagorno-Karabakh goes on despite US mediation. © 1996 - 2020 NewsHour Productions LLC. This feature is limited to our corporate solutions. An extra 257 people also joined the billionaires … Communist China's planned economy once prevented its citizens from becoming wealthy. chinadaily.com.cn | The ratio is only slightly lower among the ultra-wealthy population, said the report.
Banking and finance, industrial conglomerates, real estate, food and beverages, and manufacturing were the top five primary industries that created billionaires. He's integrated into every part of my life. (2019). $39 per month* But China now produces billionaires faster than any country in the world, even as President Xi Jinping has cracked down on ostentatious displays of wealth. Statista. NewsHour regrets the error.
Communist China's planned economy once prevented its citizens from becoming wealthy. e.src = u;
For the PBS NewsHour, I'm Katrina Yu, in Beijing. Last month, Versace, Givenchy and Coach issued apologies after printing t-shirts describing Hong Kong and Taiwan as separate from China. , Shanghai Metersbonwe Fashion & Accessories, List of countries by the number of billionaires, "Inside The 2015 Forbes Billionaires List: Facts And Figures", Grasping the large, letting go of the small, China Banknote Printing and Minting Corporation, National Development and Reform Commission, Ministry of Industry and Information Technology, State-owned Assets Supervision and Administration Commission, State Administration for Industry and Commerce, China Council for the Promotion of International Trade, All-China Federation of Industry and Commerce, Guangdong-Hong Kong-Macau Greater Bay Area, Mainland and Hong Kong Closer Economic Partnership Arrangement, Mainland and Macau Closer Economic Partnership Arrangement, Regional Comprehensive Economic Partnership, https://en.wikipedia.org/w/index.php?title=List_of_Chinese_by_net_worth&oldid=985329717, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License, This page was last edited on 25 October 2020, at 09:48. Ostentatious wealth is regularly denounced on state media and primetime TV. China had 285 billionaires with their total wealth reaching $996 billion in 2018, while the United States had 705 billionaires, the highest, with net worth of $3.013 trillion, said the report. Subscribe to Here’s the Deal, our politics newsletter for analysis you won’t find anywhere else. The Chinese government knows that if rich people show off their wealth too much, it will deepen the impression of the social polarization by ordinary people.
Learn more about how Statista can support your business. China had 285 billionaires with their total wealth reaching $996 billion in 2018, while the United States had 705 billionaires, the highest, with net worth of $3.013 trillion, said the report. ", Fung Business Intelligence Centre , Number of millionaires in China from 2012 to 2019 Statista, https://www.statista.com/statistics/702759/china-number-of-millionaires/ (last visited October 25, 2020), Number of millionaires in China from 2012 to 2019, Number of HNWI worldwide by region 2010-2019, Assets of all millionaires worldwide by region up to 2019, Number of millionaires in China 2012-2019, Number of super rich individuals in China 2012-2019, Number of super rich people in greater China as of 2018, by city, Number of HNWI in China 2019, by wealth group, Distribution of super rich individuals in China as of 2018, by nature, Preferred payment methods by Chinese millionaires 2018, Preferred shopping locations among Chinese consumers of luxury goods 2019, Recent luxury goods purchases of Chinese consumers 2019, Most popular alcoholic beverages among Chinese millionaires 2019, Most popular collector's items among Chinese millionaires 2018, Preferred leisure activities among Chinese millionaires 2019, Main travel themes among Chinese HNWI 2018, Most popular international travel destinations of Chinese millionaires 2019, Most popular domestic travel destinations of Chinese millionaires 2019, Reasons for travel among millionaires 2013, Factors considered when choosing a hotel by Chinese HNWI 2018, Main travel concerns among Chinese HNWI 2018, by type, Preferred gifts for men by Chinese millionaires 2019, Preferred brands as gifts for men by Chinese millionaires 2017, Preferred gifts for women by Chinese millionaires 2019, Preferred brands as gifts for women by Chinese millionaires 2017, Major charity donators in China 2019, by donation, Chinese millionaires' leading donation purposes in 2019, Annual growth rate of millionaires in China 2012-2019, Annual growth rate of super rich individuals in China 2012-2019, Video game industry's wealthiest entrepreneurs 2016, Annual wealth under management in Europe in 2010, 2013 and 2018*, by client segment, Most popular luxury brands among millionaires in China 2012, Frequency of foreign trips among millionaires 2012, Ultra high-net rich individuals in Switzerland in 2014, by wealth origin, Women's share in wealth of ultra high-net worth individuals in Europe 2014, Purchase intention of private planes among millionaires from China 2012, Number of countries visited by Chinese millionaires in 2012, per trip, Distribution of investment instruments among millionaires in China 2012, Ranking of the richest people in Norway 2018, by wealth, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre.
Thanks to booming share prices and new stock listings, they now own a combined fortune of $4 trillion – a sum greater than the economy of Germany. With support from the Pulitzer Center, we continue our series "China, Power & Prosperity" with NewsHour Special Correspondent Katrina Yu reporting from Beijing. But China now produces billionaires faster than any country in the world, even as President Xi … It comes with one clear message: a life of luxury must come second to communist party loyalty. How many billionaires does China have? Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development, Find studies from all around the internet. Corporate solution including all features. The trio runs almost neck and neck, the report noted, as Pony Ma’s and Zhong Shanshan’s fortunes amount to $57.4 billion and $53 billion respectively – but Jack Ma took the official top spot on the China Rich List. While the billionaires only accounted for one percent of the global ultra-high-net-worth individuals with over $30 million in net worth, but controlled almost 28 percent of its combined wealth in 2018, said the report. document.getElementsByTagName('script'), '//c2.taboola.com/nr/chinadaily-int/newsroom.js'); China has second-most billionaires, with Hong Kong, Beijing, Shenzhen and Hangzhou ranking among top 15 billionaire cities, according to research company Wealth-X's latest Billionaire Census report on Thursday. Published Thu, May 9 2019 1:05 PM EDT. Their future employers will be members of China's new rich. Learn more about Friends of the NewsHour. The billionaires now own a combined fortune of $4 trillion, more than the gross domestic product of Germany, the world’s fourth-biggest economy, the report says. Copyright 1995 -
Fung Business Intelligence Centre . In China, there are 4.4 million millionaires, an increase of 158,000 on 2018, according to the report, and 10% of the global total. Trump aide says ‘we’re not going to control the pandemic’, Watch
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