Ma Yun, also known as Jack Ma, crowns the list of the richest people in China with $58.8 billion, according to the Hurun Research Institute.
Ma Huateng, also known as Pony Ma, ranked second, with his wealth up 50 percent to $57.4 billion. Zhong Shanshan, founder of Nongfu Spring Co Ltd and YST, grabbed the third spot with $53.7 billion.
"The world has never seen this much wealth created in just one year. China's entrepreneurs have done much better than expected. Despite COVID-19 they have risen to record levels," said Rupert Hoogewerf, Hurun Report chairman and chief researcher.
Let's take a look at the top 10 richest people in China on Hurun richest list.
No 10 Qin Yinglin and his wife, Qian Ying
Qin Yinglin, founder of Muyuan Group, briefs the media in Beijing, on March 10, 2018. [Photo/Xinhua]
No 8 Huang Zheng (tie)
Huang Zheng is chairman and CEO of Pinduoduo. [Photo from the blog of Colin (Zheng) Huang]
No 8 Ding Lei (tie)
NetEase founder and CEO Ding Lei addresses the 2019 NetEase Future Conference, on Nov 23, 2019. [Photo/Sipa]
No 6 Yang Huiyan family (tie)
Yang Huiyuan is vice-chairwoman of Country Garden Holdings. [Photo/forbes.com]
No 6 He Xiangjian family (tie)
He Xiangjian is founder of Midea. [Photo/CCTV]
No 5 Xu Jiayin
Xu Jiayin, chairman of Evergrande Group, speaks at a football club meeting in Guangzhou on Feb 25, 2019. [Photo/Xinhua]
No 4 Wang Wei
Wang Wei (right), chairman and founder of SF Holding, rings the bell at the Shenzhen Stock Exchange, at the delivery giant's listing ceremony in South China's Guangdong province. [Photo by Yu Ge/For China Daily]
No 3 Zhong Shanshan
Zhong Shanshan is founder of Nongfu Spring Co Ltd and YST. [Photo provided to China Daily]
No 2 Ma Huateng
Ma Huateng, also known as Pony Ma, is chairman and CEO of Tencent. [Photo provided to China Daily]
