As of June 19, 2023, Zhong Shanshan was the wealthiest person in China, with an estimated net worth of 64.0 billion U.S. dollars, followed by Zhang Yiming (No. 2, $45.0 billion), Ma Huateng (No. 3, $37.5 billion); and William Lei Ding (No. 4, $31.2 billion).
No. 1 among China listees for the third year in a row is bottled water and tea magnate Zhong Shanshan, the founder of Hong Kong-listed firm Nongfu Spring.
China's wealthiest man was Zhong Shanshan, founder of the Nongfu Spring beverage company and majority owner of a pharmaceutical enterprise, with an estimated net worth of $69 billion.
As of February 14, 2023, Zhong Shanshan was the wealthiest man in China, with an estimated net worth of 67.1 billion U.S. dollars, followed by Zhang Yiming (No. 2, $49.5 billion), Ma Huateng (No. 3, $40.1 billion); and Colin Zheng Huang (No.
Forbes' real-time data shows that as of June 2023, there are 47 Australian billionaires on the list of the world's richest people.
Andrew Forrest, $33.29 billion (up $2.57 billion)
A familiar face towards the top of the Rich List, Andrew 'Twiggy' Forrest has retained his spot as Australia's second-richest person and the country's wealthiest man.
Which Country Owes the Most Money to China? Venezuela is the country with the greatest sovereign debt exposure to China, in terms of direct lending (excluding portfolio holdings), according to AidData's 2021 study, totaling $74.7 billion.
Shanghai. Widely regarded as the financial capital of China, Shanghai is home to 127,200 millionaires, 332 centi-millionaires, and 40 billionaires. The Shanghai Stock Exchange is the third-largest stock market in the world by market cap (after the NYSE and the Nasdaq).
The country with the highest number of billionaires is, unsurprisingly, the US. The United States of America has 735 billionaires – same as last year, according to Forbes.
Walton Family
The Walton family knows its way around some retail revenue. Its namesake, mega-retailer Walmart, has an estimated global revenue of $611.3 billion. As the family owns nearly half of the company, they should be quite comfortable for generations to come.
Billionaire, businessman and the chairman and chief executive of LVMH (LVMUY), Bernard Arnault holds the crown as the richest person in the world. According to Forbes, Arnault has a fortune of $234.5 billion.
Jack Ma: $34 billion
Jack Ma is the cofounder and former CEO of Alibaba, China's e-commerce giant known as the "Amazon of China."
Why are millionaires leaving China? China's wealthy may be trying to escape regulatory scrutiny by relocating. In mid-2021, President Xi Jinping announced a campaign to support “common prosperity,” targeting the country's high level of income inequality.
Zhang Zetian (Chinese: 章泽天; born 18 November 1993), also known as Nancy Zhang, is a Chinese businesswoman and investor who is the chief fashion adviser of the luxury business of JD.com.
Zhong Shanshan, 69, founder of bottled water brand Nongfu Spring, retained his position as China's richest person with a fortune of US$69 billion, down 4 per cent on year. He is the world's 15th richest person.
An Associated Press analysis of a dozen countries most indebted to China — including Pakistan, Kenya, Zambia, Laos and Mongolia — found paying back that debt is consuming an ever-greater amount of the tax revenue needed to keep schools open, provide electricity and pay for food and fuel.
Japan and China have been the largest foreign holders of US debt for the last two decades. Japan and China held almost 50% of all foreign-owned US debt between 2004 and 2006. However, this has declined over time, and as of 2022 they controlled approximately 25% of foreign-owned debt.
With 126,900 millionaires, Sydney made it to number 10 with the report noting especially strong growth in wealth in the Harbour City over the past 20 years, making it Australia's wealthiest city. It's also predicted to reach the top 5 wealthiest cities in the world by 2040.
Australia is considered a wealthy nation with a market-based economy that has a comparatively high gross domestic product and per capita income. Its economy is driven by the service sector and the export of commodities. [Explore the top universities in Australia.]
Gina Rinehart: $43.17 billion
With a net worth of an excruciating $43 billion, Rinehart is not only the richest woman in Australia - by a large margin - she is also the eighth-richest woman in the world and among the wealthiest humans alive.