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Top 10 on Hurun's list of richest Chinese
2020-09-16 

China's technology giants Ma Yun, founder of Alibaba Group, and Ma Huateng, CEO of Tencent, tied for the position of China's richest man, the Hurun Research Institute reported.

Sun Piaoyang, chairman of Jiangsu Hengrui Medicine Co Ltd, and his wife, Zhong Huijuan, chairwoman of Hansoh Pharmaceutical Group, grabbed the third spot with 202 billion yuan in wealth.

With the wealth of Warren Buffett, the richest investor in the world, shrinking by $19 billion, the world's top 100 billionaires lost $408 billion in two months, wiping out all gains made in the past two and a half years, according to Hurun's wealth impact analysis two months after the COVID-19 outbreak.

Only 9 percent of the Hurun Global Top 100 saw their wealth increase, all coming from China, while 86 percent saw their wealth decrease and 5 percent remained unchanged, the report said.

"China has been the relative winner, with its stock markets weathering the virus better than its US and European counterparts," said Rupert Hoogewerf, Hurun Report chairman and chief researcher.

Prior to the coronavirus outbreak, the world had 2,816 "known" dollar billionaires. The current number is now down by 20 percent, as stock markets across the world have wiped out wealth, Hoogewerf added.

Let's see top 10 richest Chinese two months after the epidemic outbreak the COVID-19 outbreak.

No 10 Ding Lei

Main Company: NetEase

Main Industry: Internet services

NetEase Founder and CEO Ding Lei addresses the 2019 NetEase future conference in Hangzhou, East China's Zhejiang province, on Nov 23, 2019. [Photo/Sipa]

No 9 Qin Yinglin and his wife Qian Ying

Main Company: Muyuan

Main Industry: Agriculture

Qin Yinglin, founder of Muyuan Group, briefs the media in Beijing, on March 10, 2018. [Photo/Xinhua]

No 8 Lee Shau Kee

Main Company: Henderson Land

Main Industry: Real estate

Lee Shau-kee, founder and chairman of Henderson Land Development, poses in front of a building model during a news conference in Hong Kong, on Jan 15, 2015. [Photo/Agencies]

No 6 Li Ka-shing

Main Company: Cheung Kong

Main Industry: Investments

Li Ka-shing, chairman of CK Hutchison Holdings, on Nov 22, 2012. [Photo/Sipa]

No 6 He Xiangjian and family

Main Company: Midea

Main Industry: Home appliances

He Xiangjian, founder of Midea, delivers a speech at an event. [Photo/forbes.com]

No 5 Yang Huiyan and family

Main Company: Country Garden

Main Industry: Real estate

Yang Huiyuan, vice-chair of Country Garden Holdings. [Photo/forbes.com]

No 4 Xu Jiayin

Main Company: Evergrande

Main Industry: Real estate

Xu Jiayin, chairman of Evergrande Group, speaks at a football club meeting in Guangzhou, on Feb 25, 2019. [Photo/Xinhua]

No 3 Sun Piaoyang and wife Zhong Huijuan

Main Companies: Hengrui and Hansoh

Main Industry: Pharmaceuticals

Zhong Huijuan is chairwoman of Hansoh Pharmaceutical Group. [Photo provided to chinadaily.com.cn]

No 1 Ma Yun and family

Main Company: Alibaba

Main Industry: TMT (technology, media and telecommunication)

Ma Yun, founder of Alibaba Group, attends the founding meeting of the Zhejiang Internet Commerce Bank in Hangzhou, East China's Zhejiang province, on June 25, 2015. [Photo/Sipa]
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