Wang Jianlin stands tall in the world
Print Edition
WANG Jianlin, chairman of China’s property and entertainment giant Dalian Wanda Group, has overtaken Hong Kong’s Li Ka-shing to become the richest Chinese in the world, according to the new Hurun Rich List.
Wang’s wealth rose more than 50 percent year on year to 260 billion yuan (US$40.7 billion) as of early June, Hurun Research Institute said in a press release yesterday.
Li, 87, was the second-richest with a fortune of 200 billion yuan. Jack Ma, founder and chairman of e-commerce giant Alibaba, was the third-richest with 165 billion yuan.
The list includes 1,577 tycoons from 18 countries and regions worth a minimum 2 billion yuan. Of those listed, 302 are from Hong Kong, Macau, Taiwan and foreign countries.
Their combined wealth was 12.7 trillion yuan, equaling the annual gross domestic product of Russia.
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