Chinese Millionaires
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Chinese Millionaires
The following are partial lists of the Forbes list of Chinese billionaires (converted into USD) and is based on an annual assessment of wealth and assets compiled and published by ''Forbes'' magazine in 2022. In 2022 China had 607 billionaires which put the country second in the world, after the United States (735). Current richest Chinese billionaire is Zhong Shanshan, ranked as the eighth wealthiest man in the world as of March 11, 2022. 2022 Chinese billionaires top 100 list The hundred entrepreneurs billionaires are listed as follows, including their China rank (S#) and world rank (W#), citizenship, age, net worth, and source of wealth: See also * Forbes list of billionaires * Hurun Report * List of countries by the number of billionaires * List of wealthiest families References External links China Rich List Hurun Rich List
– China's richest people (2020) by the Hurun Report {{DEFAULTSORT:List of Chinese by net worth Chinese billionaires, Demographics of Chi ...
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Billionaire
A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American business magazine ''Forbes'' produces a global list of known U.S. dollar billionaires every year and updates an Internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916. As of 2018, there are over 2,200 U.S. dollar billionaires worldwide, with a combined wealth of over US$ 9.1 trillion, up from in 2017. According to a 2017 Oxfam report, the top eight richest billionaires own as much combined wealth as "half the human race". As of 2021, eight people have reached the status of USD hectobillionaires, meaning that each has had a net worth of at least $100 billion. Current U.S. dollar billionaires According to the ''UBS/PwC Billionaires Report ...
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Li Shufu
Li Shufu (; born 25 June 1963) is a Chinese billionaire businessman. He is the founder and chairman of Geely. Early life Li Shufu was born in Taizhou, Zhejiang. He earned a master's degree from Yanshan University. Career Li founded Geely in November 1986, now the second largest private automobile manufacturer in China. On 28 March 2010, Geely signed a deal worth US$1.8 billion to buy Swedish automobile manufacturer Volvo Cars from American automobile manufacturer Ford Motor Company. It was the largest foreign purchase by a Chinese car manufacturer. Along with $900m of working capital from Geely and a commitment to build a Volvo factory in China, Li had a target of driving sales to 600,000 by 2015 in the domestic market. In 2013, Hurun Report ranked Li the 63rd richest person in mainland China, with a net worth of US$2.6 billion. Li announced in November 2018 that he has entered into an agreement with the China Aerospace Science and Industry Corp. to build a new line of sup ...
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Fan Hongwei
Fan Hongwei () is a Chinese entrepreneur and billionaire who is the chair and CEO of the chemical fiber company Hengli Petrochemical (恒力石化) and vice chair of its holding company Hengli Group (恒力集团). She was the fourth richest woman in China in 2019. Early life and education Fan was born in February 1967 in Jiangsu Province, China. She attended Nanjing Normal University. Career Fan started her career as an accountant. In 1994, Fan and her husband Chen Jianhua (陈建华) took out a 3 million RMB loan to buy Wujiang Chemical Fibre Textile Factory (吴江化纤织造厂), a failing textile factory in Wujiang, Suzhou. Fan took over the factory as general manager, and she and Chen restructured the company and grew it from a factory with 27 employees into the largest fiber producer in China and one of the largest weaving companies in the world. The company is now known as Hengli Group, and its main unit is Hengli Petrochemical. According to the company, Hengli P ...
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Country Garden
Country Garden () is a property development company based in Guangdong, China, owned by Yang Guoqiang's family. In 2020, it is ranked 147th in Fortune Global 500 List. Country Garden features a market capitalization of over US$29.84 billion as of 2018; with 187 high-end township developments throughout China, Malaysia and Australia among its vast international project portfolio. The company is incorporated in Cayman Islands. Its headquarters are in Beijiao Town (北滘镇), Shunde District, Foshan. History Established in 1992 in Shunde, Guangdong, Country Garden was listed on the Hong Kong Stock Exchange on April 20, 2007. Founder Yang Guoqiang built the company from scratch, having previously worked as a farmer and on construction sites. The company now has interests in property development, construction, fitting and decoration, property management and hotel operations in a wide variety of global markets. In 2005, Yang transferred his shares in Country Garden Holdings Co ...
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Cyprus
Cyprus ; tr, Kıbrıs (), officially the Republic of Cyprus,, , lit: Republic of Cyprus is an island country located south of the Anatolian Peninsula in the eastern Mediterranean Sea. Its continental position is disputed; while it is geographically in Western Asia, its cultural ties and geopolitics are overwhelmingly Southern European. Cyprus is the third-largest and third-most populous island in the Mediterranean. It is located north of Egypt, east of Greece, south of Turkey, and west of Lebanon and Syria. Its capital and largest city is Nicosia. The northeast portion of the island is ''de facto'' governed by the self-declared Turkish Republic of Northern Cyprus, which was established after the 1974 invasion and which is recognised as a country only by Turkey. The earliest known human activity on the island dates to around the 10th millennium BC. Archaeological remains include the well-preserved ruins from the Hellenistic period such as Salamis and Kourion, and Cypr ...
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Yang Huiyan
Yang Huiyan (; born 1981) is a Chinese-born Cypriot billionaire businesswoman and property developer. She is the majority shareholder of Country Garden Holdings, a stake largely transferred to her by her father Yang Guoqiang in 2007. She was previously the richest woman in Asia. Her father Yang Guoqiang started the real estate company Country Garden in 1997 and transferred 70% of Country Garden's shares to her before its IPO in 2007. Country Garden's initial offering raised about $1.6 billion, or as much as Google raised in 2004 in the United States. As of August 2021, Yang had a net worth of US$27.3 billion. Yang is vice chairman of the board's governance committee and helped raise $410 million selling new shares in 2014, according to ''Forbes''. Yang is a 2003 graduate of Bachelor of Arts/Science, Ohio State University where she was a member of The National Society of Collegiate Scholars (NSCS). According to leaked documents dubbed as " The Cyprus Papers", Yang obtained C ...
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BYD Auto
BYD Auto Co., Ltd. ("Build Your Dreams") is the automotive subsidiary of the publicly-listed Chinese multinational manufacturer BYD Company, headquartered in Xi'an, Shaanxi Province, China. It was founded in January 2003, following BYD Company's acquisition of Qinchuan Automobile Company in 2002. The company produces passenger cars, buses, trucks, electric bicycles, forklifts, and rechargeable batteries. The current model range of automobiles includes battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), and the company also produced petrol engine vehicles up until March 2022. As of 2021, BYD was the fourth largest plug-in electric vehicle (BEV and PHEV) company and fourth largest BEV company in the world, with 9.1% and 7% global market share respectively in 2021. The company has mainly based its sales in Mainland China, but is undertaking rapid expansion into the global market, with sales hitting over 100,000 per month in March 2022, and is expect ...
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Wang Chuanfu
Wang Chuanfu (; born 1966) is a Chinese chemist, billionaire entrepreneur, and the founder, chairman and CEO of BYD Company. Early life Wang was born in Wuwei County, Anhui province to a family of poor farmers. While in high school he was cared for by his elder brother and sister because both of his parents had died. After high school he studied chemistry at the Central South University, and went on to earn a master's degree in 1990 from the Beijing Non-Ferrous Research Institute. Career He spent several years as a government researcher, but in 1995 he entered the private sector and founded his own company, BYD Company, outside of Shenzhen. Founded with his cousin Lu Xiangyang when he was 29 years old, BYD Company is currently the world's biggest mobile phone batteries manufacturer. In early 2009, he was reportedly worth US$3.4 billion, placing him 408th on Hurun Report's Global Rich List 2014 . In late 2009, his worth grew to $5.1 billion and was crowned China's richest man on th ...
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Foshan Haitian Flavouring & Food Co
Foshan Haitian Flavouring & Food Co. Ltd () is a Chinese public company that manufactures sauces and flavourings. It is the largest manufacturer of soy sauce in the world. Operations It is based in Guangdong. The chairman is Pang Kang. Sales in 2012 were around seven billion yuan. In 2010 it held 16 to 19 percent of the Chinese soy sauce market. Its major competitors included Kikkoman and Lee Kum Kee. The company also manufactures other sauces and condiments such as oyster, hoisin, shrimp and vinegar. History The company was established in the seventeenth century as a group of sauce factories in Foshan. In 2007 it was bought out by its employees from the government of Foshan. In 2014 it underwent an IPO on the Shanghai Stock Exchange in order to raise funds for expansion. The company raised 3.84 billion yuan after selling 74.85 million shares. See also * List of Chinese sauces This is a list of notable Chinese sauces, encompassing sauces that originated in China or are widely ...
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Pang Kang
Pang Kang (; born 1956) is a Chinese billionaire businessman, and the chairman of Foshan Haitian Flavouring & Food Co. Biography Pang Kang was an executive of the collective Hai Tian Sauce Shop. In 1995, he contributed to the incorporation of the collective as a limited company, and became a shareholder with a $60K initial investment. The company became Foshan Haitian Flavoring & Food and was introduced on the Shanghai Stock Exchange in 2014. Fortune In 2014, his fortune was estimated at US$2.5 billion. In 2015, his fortune was estimated at $4.6 billion. In 2018, his fortune grew by 60% to reach $7.2 billion, going from 68th to 35th in the China Rich List. As of January 2021, ''Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...'' estimated his net worth at $34.3 billion. ...
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CATL
Contemporary Amperex Technology Co. Limited (), abbreviated as CATL, is a Chinese battery manufacturer and technology company founded in 2011 that specializes in the manufacturing of lithium-ion batteries for electric vehicles and energy storage systems, as well as battery management systems (BMS). With a market share of 32.6% in 2021, CATL is the biggest lithium-ion battery manufacturer for EVs in the world, producing 96.7 GWh of the global 296.8 GWh, up 167.5% year on year. The company plans to have a manufacturing capacity target of >500 Gwh by 2025 and >800 Gwh by 2030. It is headquartered in Ningde, Fujian Province and operates manufacturing bases in Ningde, Fujian province; Xining, Qinghai province; Liyang, Jiangsu province; Yibin, Sichuan province; Zhaoqing, Guangdong province and in its first overseas plant located in Erfurt, Germany. Its four main R&D centers are based in Ningde, Fujian; Liyang, Jiangsu; Shanghai and Munich, Germany. History CATL was founded in Ningde, ...
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Huang Shilin
Huang Shilin (born 1967) is a Chinese billionaire and businessman, a vice chairman of Contemporary Amperex Technology (CATL), which is one of the world's largest battery suppliers for the electric vehicle industry. As of 2018, Huang owned 12% of the company. Shilin holds a B.A. degree from the Hefei University of Technology Hefei University of Technology () is a key university in China, with particular strength in Engineering and Management Science. Located in Hefei, the capital of the Anhui Province, it is also a Chinese state Double First Class University Plan u .... Huang Shilin made the 2022 Forbes Billionaires List with an estimated wealth of $20.3 billion and occupied the 79th position. References 1967 births Living people Chinese businesspeople Chinese billionaires 20th-century Chinese businesspeople 21st-century Chinese businesspeople {{PRChina-business-bio-stub ...
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