Below is a list of China’s Top 10 Richest Billionaires (2016). Source: Forbes
China is one of the fastest economies in the world. The old school communist ideologies have been replaced with modern business ideologies. This has given rise to a growing number of entrepreneurs who now have the ability to keep their wealth and not have to give it away to the state.
A growing trend in Technology and Internet based entrepreneurship is sweeping China. This has created many Billionaires and will create many more to come.
|1||Wang Jianlin||$30 billion||61||Real Estate|
|2||Jack Ma||$21.8 billion||51||Alibaba|
|$12.1 billion||48||Mining, Copper Products|
|$10.4 billion||47||Internet Search|
|$9.3 billion||73||Home Appliances|
|8||Hui Ka Yan||$8.7 billion||57||Real Estate|
|9||Liu Qiangdong||$7.8 billion||41||e-commerce|
|$7.5 billion||44||Online Games|
Chinese entrepreneurs are investing heavily in Real Estate in China and Worldwide. They have also understood the marketing and income generating power of the internet.
Jack Ma has created a global phenomenon with his site Alibaba. This has opened up opportunities for entrepreneurs worldwide to buy and sell products at bulk wholesale prices.
There are also a number of Chinese entrepreneurs who have jumped into the Smartphone market. It’s not long before China leads the global smartphone market.