Hurun Rich List 2015

来源:Hurun Institute
时间:2015-10-15

(15 October 2015, Shanghai) The Hurun Research Institute today released the Hurun Rich List 2015, its 17th annual ranking of the richest individuals in China. Wealth calculations are a snapshot of 14 August, the same date as last year.

596 DOLLAR BILLIONAIRES IN CHINA, UP 242, OVERTAKING US FOR FIRST TIME

 

RECORD-BREAKING 1877 MAKE LIST, EMPLOY 1% OF CHINA’S WORKFORCE AND PAY 5% OF CHINA’S TAX REVENUES

                                                                                   

WANG JIANLIN OF WANDA TAKES BACK TOP SPOT FROM JACK MA AFTER 52% RISE IN FORTUNE

 

16 SELF-MADE BORN IN EIGHTIES, LED BY 6 BILLIONAIRES

 

HURUN REPORT - LEADING AUTHORITY ON CHINA’S WEALTHY - RELEASES CHINA RICH LIST 2015

 

  • 596 dollar billionaires, up staggering 242 on last year, propelling China ahead of the US for first time. Greater China now has 715 dollar billionaires, after adding in 119 billionaires from HK, Taiwan and Macao.  This compares with only 537 in the US, according to the most recent Hurun Global Rich List.
  • Hurun Rich List swells to 1877 individuals, up record-breaking 606 with same cut-off of CNY 2bn (US$310m) as last year. New faces mostly from manufacturing and IT, 90% from companies listed domestically. 1611 saw their wealth grow (last year 819) of which 200 doubled.
  • Wang Jianlin of Wanda, 61, snatches back Number One position from Jack Ma of Alibaba, 51, after 52% rise in fortune to US$34.4bn, mainly on back of ten-fold increase in his newly-listed cinema chain.
  • Global influence.
    • Total wealth hit US$2.1 trillion, more than the GDP of countries like India or Russia. Rupert Hoogewerf, Hurun Report Chairman and Chief Researcher said, “The influence of these top entrepreneurs is growing, as we saw in September when President Xi took nine of the Hurun Rich List in his official 15-strong entourage to visit the US.”
    • Big employers. The 1877 individuals on the Hurun Rich List employ 10 million people in China, making up more than 1% of the total China workforce.
    • Big tax payers. Their companies generated US$100bn in tax revenues, accounting for 4 percent of the government total tax revenues last year.
  • Six self-made dollar billionaires born in eighties: ‘Drone King’ Frank Wang Tao, 35, of DJI-Innovations with US$3.4bn, media investor Jack Wang Qicheng, 35, of Hakim with US$2.27bn, game developer Lin Qi, 34, of Youzu with US$1.48bn, software entrepreneur He Zhitao, 33, of Liaison Initiative with US$1.33bn; and both taxi-hailing app Cheng Wei, 32, of Didi-Kuaidi and Zhang Bangxin, 35, of TAL Education worth US$1.02bn each. Chen Ou, 32, of Jumei, dropped out of the billionaire level to US$860m. Hoogewerf said, “The momentum is now beginning to shift to those from the eighties.”
  • By industry. IT was the fastest-growing source of wealth, with the number of individuals on the list growing 43% yoy. New faces include taxi-app Cheng Wei, 32, of Didi-Kuaidi, Manufacturing, led by ‘Made in China 2.0’ brands, led the way with 28%. Real estate down to 16.1%, the lowest since records began. It’s been a good year for entertainment, investments, cars, pharmaceuticals, and a challenging year for natural resources, traditional retail and steel.
  • Residences. Beijing is the city of choice to live in with 279 individuals living there, 99 more than last year. Shenzhen pulls away from Shanghai for the third year running. Fastest-growing cities include Changsha, Hangzhou. Ningbo, Changzhou, Suzhou, Xiamen and Chengdu.
  • Anti-corruption campaign. Despite the list increasing by a third, only 16 of last year’s list in varying degrees of trouble with the authorities, down one from last year. 1 is in jail, 4 are awaiting trial, 7 are being investigated, 1 is under house arrest and 3 are whereabouts unknown.
  • Touchscreen Queen’ Zhou Qunfei, 45, of Lens is this year’s highest new face, shooting straight into Top 20 with fortune of US$10bn, to become the most successful businesswoman in China and – by default – the world. 21% of the list are women, up 1% from last year.
  • 3 new faces in the Top 10: Lu Zhiqiang of Fanhai, Zhang Jindong of Suning and Lu Guanqiu of Wanxiang. Li Hejun of Hanergy and Liu Qiangdong of JD dropped out of Top 10 to 12th and 28th respectively.
  • Political appointments. 211 of the Hurun Rich List, up 37 from last year, are either delegates to the 12th National People’s Congress (114 individuals), the CPPCC (79 individuals), the standing committee of the CPPCC (9 indiv) or vice chairmen of the ACFIC (9 indiv).
  • Social Media. Actress Zhao Wei of Alibaba Pictures, who made the list for the first time with her husband Huang Youlong at 947th place with US$630, overtook Pan Shiyi to become ‘social media queen’ with 73m followers. Other celebrities to make the cut included martial arts actor Jet Li and NBA star Yao Ming.
  • 95% are self-made, with only 5% inheriting their wealth. Hoogewerf says “The China Rich List has the world’s highest percentage of self-made entrepreneurs.”
  • Chinese star signs. It has been a good year for snakes and dogs, and a bad year for dragons and horses. Rabbits lead the way for the umpteenth year.
  • Surnames. People with the surname Wang, led by richest man Wang Jianlin, were most popular on the list, whilst the surname Li – the most popular in China – could only come in third most popular.
  • Biggest country list in world. This is the 17th year of the Hurun Rich List, which has grown to become the biggest rich list in the world.

 

 

(15 October 2015, Shanghai) The Hurun Research Institute today released the Hurun Rich List 2015, its 17th annual ranking of the richest individuals in China. Wealth calculations are a snapshot of 14 August, the same date as last year.

 

Despite the slow-down in the economy, Chinese stock markets were up significantly on last year. Shanghai and Shenzhen shot up 80% and 70% respectively on top of big rises last year, and the ChiNext doubled for the second year running, up 107% to add to a 104% rise last year. It is worth noting that by the time of the cut-off date of the list, stock markets were already 30% off their June’s peak. As of the release of the list, however, stock markets have dropped a further 14%.

 

China has been minting 5 dollar billionaires a week this past year, creating a world-record 242 new billionaires in one year and taking the total to 596, more than in the US.  If adding in the billionaires from HK, Taiwan and Macao, Greater China entrepreneurs are now head and shoulders above the US, with 716 compared with only 537 in the US, according to the Hurun Global Rich List released in February.

 

The cut-off to make the Top 100 is now US$3.2bn, double that of five years ago and more than ten times that of 10 years ago; the list has expanded by 606 names to 1877 individuals, whilst keeping with the same cut-off as last year of 2bn CNY (US$310 million); 1611 individuals saw their wealth grow, of which exactly 200 saw their wealth double. There were 680 were new faces, compared with only 343 last year.

 

It has been a relatively quiet year for big international deals. Other than Wanda, which has concentrated on sports marketing instead of real estate deals this year, Fosun (run by Guo Guangchang and 3 others on the list), which has concentrated on insurance deals in Europe, Alibaba and Tencent, there have been few large cross-border deals of note.

 

Rupert Hoogewerf, Hurun Report Chairman and Chief Researcher said, “Despite the slowdown in the economy, China’s richest have defied gravity, recording their best year ever, and creating more wealth than any country has ever done before in a year.”

 

Big social impact – Employing 1% of China workforce and paying 5% of China’s tax revenues. The 1877 individuals on the Hurun Rich List employ the best part of 10 million people in China, making up more than 1% of the total China workforce. Employers with more than 100,000 employees include PingAn (236,000), Suning (180,000), Huawei (150,000), BYD (150,000), Wanda (110,000), Midea (108,000). Companies like Taikang Life have 50,000 employees and a further 350,000 sales agents, who, whilst not on the payroll, exclusively sell Taikang products.

 

Their companies generated the best part of US$100bn in tax revenues, accounting for four percent of the government’s total tax revenues last year. Companies that paid more than CNY 10 billion of taxes last year (equivalent to US$1.6bn), included Huawei (US$5.3bn), Wanda (US$4.3bn), PingAn (US$2.4bn), Alibaba (US$1.7bn), etc…

 

 

The Top 10

There are 3 new faces in the Top 10: Lu Zhiqiang, Zhang Jindong and Lu Guanqiu. Five made their money from real estate, up 3 from last year. 4 are IT tycoons, 1 less than last year. The cut-off to make the Top 10 increased 44%, to US$10.2bn. Average age is 53. As a demonstration of their importance to the Chinese economy, four of the Top 10 were part of Xi Jinping’s entourage of 15 businessmen in his September state visit to the US: Jack Ma, Pony Ma, Robin Li and Lu Guanqiu

 

Three are 45 or under, led by 29-year-old roadbuilder Yan Hao, who took over the reins from his father Yan Jiehe, 44-year-old Pony Ma Huateng and 45-year-old Melissa Ma Dongmin. ‘Renewable Energy King’ Li Hejun and Liu Qiangdong dropped out of the Top 10.

 

 

 

Name

Wealth (US$bn)

Wealth Change

Age

Company

Industry

1 ↑

Wang Jianlin & family

34.4

52%

61

Wanda

Real estate, entertainment

2 ↓

Jack Ma Yun & family

22.7

-3%

51

Alibaba

IT

3 -

Zong Qinghou & family

21.1

8%

70

Wahaha

Drinks

4 ↑

Pony Ma Huateng

18.8

11%

44

Tencent

IT

5 ↑

Lei Jun

14.4

104%

46

Xiaomi Technology

Smart phones, investments

6 ↑

Yan Hao & family

14.2

7%

29

China Pacific Construction

Road building

7 ↓

Robin Li Yanhong & Melissa Ma Dongmin

13.3

-19%

47, 45

Baidu

Search Engine

8 *

Lu Zhiqiang

13

137%

63

Fanhai

Real estate, finance, investments

9 *

Zhang Jindong

12.7

84%

52

Suning

Retail, real estate

10 *

Lu Guanqiu & family

10.2

65%

69

Wanxiang

Car parts, real estate, agriculture

10 ↓

Yan Bin

10.2

8%

61

Reignwood

Red Bull, real estate

Source: Hurun Research Institute 2015

↑Rank increase yoy ↓Rank decrease yoy –No rank change yoy *New to top 10

 

 

Wang Jianlin, 61, of Wanda storms back to snatch back top spot from Jack Ma, on the back of a 52% increase in his wealth, driven mainly by a ten-fold surge in the stock price of his cinema chain. Five years ago, 90% of his wealth came from real estate, but today Wang has managed to diversify away from real estate, which now only makes up half of his wealth. On the international front, Wang has moved away from making acquisitions of buildings to concentrate on sports marketing, highlighted by a 20% stake in Spanish soccer giant Atlético de Madrid, the purchase of the World Triathlon Corporation for US$650m and a billion-dollar acquisition of a Swiss-based sports marketing company. Wang has overtaken Li Ka-Shing to become the richest Chinese in the world. High-profile son Wang Sicong, 27, has US$625m fortune in his own name and one of the most popular social media fan bases in China.

 

Last year’s Number One Jack Ma Yun, 51, saw his wealth drop 3% to US$22.7bn, on the back of a plunge in the value of Alibaba stock to below its IPO price, but propped up by the continued rise of Ant Financial, the mother company of online payments giant Alipay. Ant Financial is warming up to become one of the most anticipated listings of the next year, after a further investment round in July valuing it US$45bn. Between his Alibaba and Ant Financial platforms, Ma has enjoyed another bumper year of acquisitions, with the biggest a US$4.6bn stake in retailer Suning, controlled by another of the Top 10, Zhang Jindong. Rupert Hoogewerf, Hurun Report Chairman and Chief Researcher said, “Jack Ma is China’s highest-profile entrepreneur today.” This year 18 individuals from Alibaba and Ant Financial made the list for the first time.

 

Zong Qinghou, 70, & family continues his Top 3 ranking with a net worth of US$21.1bn, up 8% year on year. ‘Drinks King’ Zong has been Number One twice before in 2010 and 2012.

 

‘WeChat King’ Pony Ma Huateng, 44, climbs to fourth with a net worth of US$18.8bn, up 11% year on year based on his Tencent stock. With the WeChat platform at the heart of his empire, Pony Ma is today one of the world’s most active venture capitalists, several of which are co-invested by arch-rival Jack Ma. Two recent high-profile co-investments with Jack Ma, include taxi app DidiKuaidi, run by fellow billionaire Cheng Wei, and the merged entities of Meituan and Dianping, run by Wang Xing and Zhang Tao.  Both DidiKuaidi and the new merged entity have valuations of US$15bn. Tencent is China’s most valuable brand, worth US$44.7bn, ahead of China Mobile and Taobao.

 

Lei Jun, 46, jumps to a Top Five slot with a fortune of US$14.4bn, double that of last year on the back of selling over sixty million smartphones. This year, Mi expanded into India.

 

Yan Hao, 29, & family came in at sixth with US$14.2bn, up 7%. ”Road King” Yan Jiehe officially handed over the reins and shares of the business to son Yan Hao. China Pacific Construction was the highest-ranked private Chinese company on the Fortune Global 500, with sales of US$63bn, ranking it at 156th in the world, ahead of the likes of well-known Chinese computer maker Lenovo.

 

Li Yanhong & Ma Dongmin saw their fortune shrink 19%, dropping them down one place to seventh with a fortune of US$13.3bn. Baidu’s stock has dropped by a third since its peak last November, and put under further pressure after Google’s announcement that it plans to return to China.  Robin Li and his wife Melissa Ma own 20.8% of Baidu.

 

Lu Zhiqiang, 63, of Fanhai returns to the Top 10 for the first time in 5 years, after a 140% jump in his wealth to US$13bn, on the back of a surge in his listed real estate company.

 

Zhang Jindong, 52, breaks back into the Top 10 with a net worth of US$12.7bn, up 84% year on year. Zhang this summer did a part share swap with Alibaba, with Alibaba investing US$4.6bn into Suning, and Suning investing half the proceeds back into Alibaba stock.

 

Lu Guanqiu, 63, & family is back into the Top 10 for the first time in nine years, with US$10.2bn up 65% on last year on the back of a rise in his real estate business. Wanxiang is best-known for its car parts business, which has grown to become one of the largest Chinese employers in the US. 

 

‘Red Bull King’ Yan Bin, 61, dropped down two places to tenth with US$10.2bn. Reignwood, best-known in China for distributing Red Bull, has been continuing its overseas expansion.

 

 

Out of Top 10

‘Renewable Energy King’ Li Hejun, saw his wealth halve to just under US$10bn and dropping him down to 12th spot, after trading was suspended in May in Hanergy, his main listed company, when it was found that significantly all of its sales were generated from its parent company. Li was the richest person in China on the Hurun Global Rich List released in February,

 

Liu Qiangdong saw his fortune decrease 16%, dropping him down 19 places to 28th, on the back of a poor share performance of etailer JD.

 

 

More billionaires in China than the US

The Hurun Rich List grew at its fastest pace ever, adding 606 individuals with wealth of CNY 2bn or more, the same cut-off as last year, to take the total to 1877. The cut-off to the Top 10 jumped by 44% to US$10.2bn; the cut-off to the Top 1000 jumped more than 50% to US$610m, up from US$400m last year. Total wealth reached US$2.1 trillion. Average age is 54, one year older than last year.

 

The number of dollar billionaires increased to 596, up 242 from 354 a year ago. “For every billionaire we have found, you can bet your bottom dollar that we have missed at least one if not two, meaning that there are as many as 1800 dollar billionaires in China today,” said Hoogewerf.

 

Greater China now has 715 dollar billionaires, after adding in 119 billionaires from HK, Taiwan and Macao.  This compares with only 537 in the US, according to the Hurun Global Rich List, released in February. Hoogewerf said, ‘China is now officially the most exciting country in the world for entrepreneurship. Just look at the sheer numbers of top entrepreneurs, eclipsing the US for the first time in its history. The China Century seems to have started earlier than many expected, although it will be a few years more before China overtakes the US in terms of GDP.’

 

There were 680 new faces, compared with 343 last year, led by the richest self-made woman in the world ‘Touchscreen Queen’ Zhou Qunfei & husband Zheng Junlong of Lens, who shot straight into the Top 20 with a fortune of US$7.8bn, and ‘Drone King’ Frank Wang Tao, 35, of DJI-Innovations with a fortune of US$3.4bn. Hoogewerf said, “Zhou Qunfei and Wang Tao represent this new idea of ‘Made in China 2.0’, i.e. moving up the value chain.”

 

 

Industry Analysis

The hottest topic of the year has been internet-related, with individuals from IT growing at 43% yoy. It’s been a good year for entertainment and manufacturing. It’s been a bad year for real estate, natural resources, retail and steel.

 

Manufacturing established itself as the main source of wealth, with the number of individuals making their money from manufacturing rising from 23.1% to 28.1%. Real estate came in second, although down from 19.8% to 16.1%, the lowest since records began.

 

IT climbed to third, increasing from 7.8% to 11.2%. Finance and investments dropped to fourth, from 10.1% to 9.1%. Jack Ma Yun overtook Liu Yonghao to become the richest person in the financial sector, following the rise of Ant Financial.

 

Pharmaceuticals maintained fifth place, but began to show big promise with the Top 50 powering up 58% on average. Zheng Yuewen of Creat became the new ‘Pharma King’, overtaking Li Jinyuan of Tiens.

 

For new energy, it has been a tough year, with the number of individuals from this sector dropping from 2.2% to 1.7% and the leaders of the industry all seeing their share prices down, eg Li Hejun, Zheng Jianmin and Zhu Gongshan.

 

Entertainment increased from 1.3% to 3%, with the total wealth of the Top 15 players tripling, becoming the industry with the fastest-growing wealth, led by Wanda’s cinema business. Many individuals on the list are interested in this industry, including the recent IPO of Alibaba Pictures and Greatwall Movie & Television.

 

The proportion of Apparels stayed the same, although total wealth of the Top 30 increased almost 70%.

 

It has been another bad year for Iron & Steel and natural resource industry. Shen Wenrong of Sha Steel took back the ‘Steel King’ crown.

 

Highest transparency. IT has the highest transparency, mainly due to the involvement of private equity, followed by entertainment, retail and new energy. Natural resources are the least transparent.

 

Cut-off. Real estate is the highest. Natural resources is the lowest.

 

Average age. IT industry is the youngest and has the highest average wealth. Retail industry is the oldest. Average wealth of natural resources is lowest.

 

 

Biggest wealth-creating industries

 

Industry

% of Rich List

% change

Richest Individual

Company

Wealth US$m

1

Manufacturing

28.1%

5.0%

He Xiangjian & He Jianfeng

Midea

9,400

2

Real Estate

16.1%

-3.7%

Wang Jianlin & family

Wanda

34,400

3

IT

11.2%

3.4%

Jack Ma Yun & family

Alibaba

22,700

4

Finance + Investments

9.1%

-1.0%

Jack Ma Yun & family*

Ant Financial

22,700

5

Pharmaceuticals

6.8%

-0.1%

Zheng Yuewen *

Creat

7,500

6

Natural Resources

4.8%

-2.1%

Wang Guangxi & Guo Tianshu *

Yongtai

5,800

7

Retail

3.6%

-0.5%

Jack Ma Yun & family

Alibaba

22,700

7

Apparel

3.6%

0.1%

Zhou Jianping & family

Heilan

7,200

9

Food & Beverages

3.3%

-0.1%

Zong Qinghou & family

Wahaha

21,100

10

Media + Entertainment

3.0%

1.7%

Pony Ma Huateng

Tencent

18,800

11

Agriculture

2.3%

0.3%

Liu Yonghao & family

New Hope

7,000

12

Iron + Steel

2.0%

-0.3%

Shen Wenrong *

Sha Steel

3,400

13

Services

1.8%

-0.6%

Chen Jingsong & Tong Jie *

Shilian Real Estate

1,950

14

New Energy

1.7%

-0.5%

Li Hejun

Hanergy

9,800

15

Construction

1.5%

-1.1%

Yan Hao & family

China Pacific Construction

14,400

16

Transportation

1.1%

-0.5%

Wang Junjin & family *

Juneyao

4,200

Source: Hurun Research Institute 2015

* New Number One

 

 

Residences – Beijing and Shenzhen pulling away from Shanghai

Beijing is still the preferred city of residence for most of the Hurun Rich List, with 279 (up 99 from last year), followed by Shenzhen with 172, up 62 from last year.

 

By company HQs, Guangdong led the way with 353 individuals, up a massive 123 since last year. Beijing ranks second with 298 individuals, up 107 since last year, followed by Zhejiang in third place with 262 individuals, up 111 since last year. 12 of the provinces boasted a new Number One.

 

By birthplace, people born in Zhejiang continue to make the best wealth creators with 271 individuals, followed by people from Guangdong and Jiangsu.

 

 

 

 

Residence

%

Number of indiv. (Change yoy)

1 -

Beijing

14.8%

279 (+99)

2 -

Shenzhen

9.2%

172 (+62)

3 -

Shanghai

7.3%

137 (+44)

4 -

Hangzhou

6.3%

118 (+55)

5 -

Guangzhou

3.3%

61 (+15)

6 -

Suzhou

2.8%

53 (+22)

7↑

Chengdu

2.2%

41 (+15)

8↓

Hong Kong

2.0%

37 (+7)

9↑

Ningbo

1.9%

35 (+15)

10↓

Foshan

1.8%

33 (+8)

11 *

Changsha

1.7%

32 (+20)

12↓

Shaoxing

1.7%

31 (+8)

13↓

Wuxi

1.6%

30 (+5)

14↓

Dongguan

1.3%

25 (+5)

14↑

Wenzhou

1.3%

25 (+7)

16↓

Nanjing

1.28%

24 (+5)

17↑

Fuzhou

1.2%

22 (+6)

17 *

Xiamen

1.2%

22 (+9)

17↑

Chongqing

1.2%

23 (+7)

20 *

Changzhou

1.1%

21 (+9)

Source: Hurun Research Institute

↑ Rank increase yoy  ↓ Rank decrease yoy  - No Rank change yoy  New on the list

 

 

Under 40s

188 individuals were under 40. 59 were self-made and 129 inherited.

 

Of the self-made, 16 were born in the eighties. Almost all of them made their money in IT. 5 are dollar billionaires.

 

 

Generation Y’s Most Successful

 

 

 

Name

Wealth US$m

Age

Company

1

Wang Tao

3400

35

DJI-Innovations

2

Wang Qicheng & family

2270

35

Hakim

3

Lin Qi

1480

34

Youzu

4

He Zhitao

1330

33

Liaison Interactive

5

Cheng Wei

1020

32

DidiKuaidi

5

Zhang Bangxin

1020

35

TAL Education

7

Chen Ou

860

32

Jumei

8

Ying Shuling

630

34

YingXiong

9

Liu Liang

480

35

Youjiu

10

Shao Heng

470

30

Century Huatong Automotive Part

11

Zhu Weisong

380

33

Youzu Interactive

11

Ye Guofu

380

35

Ai Yaya

13

Yao Hong

360

35

Weidai

14

Yao Ming

330

35

NBA star

15

Zhang Xuhao

310

30

Ele.me

16

Yu Xin

250

34

Rapoo

Source: Hurun Research Institute

 

‘Drone King’ Wang Tao, 35, led by the way, based on his recent round of investment valuing DJI-Innovations at US$10bn. Wang’s success has been a source of pride for ‘Made in China 2.0’, which is focused on high value-added manufacturing.

 

Others of note. He Zhitao merged Beijing Digital Grid Technology into Hangzhou New Century Liaison Interactive, which has seen its stock shoot up since January. Ying Shuling’s listed mobile games business is a pioneer of China mobile games distributor. Liu Liang and Shao Heng founded their mobile games businesses in 2004 and 2008 respectively and are today listed companies.

 

Yao Hong, founder of Weidai, a leading P2P internet finance platform for small businesses and individuals, saw his wealth shoot up on the back of its latest round of financing, valuing the business at US$500m.

 

Zhang Xuhao, a graduate of Shanghai’s prestigious Jiaotong University, found Ele.me O2O restaurant delivery services with classmates whilst still at university.

 

Yu Xin of Rapoo is the only female on the list of Most Successful Generation Y.

 

 

Companies with the largest number of rich listers

Alibaba led the way with 18, followed by Sha Steel on 11, Sany 8, Xinwei 7 and newly listed PE house JD Capital 6.

 

Alibaba’s 18 listers

Rank

Name

Wealth US$m

Change in Wealth

2

Jack Ma Yun & family

22,700

-3%

150

Xie Shihuang

2,500

68%

603

Lu Zhaoxi

940

New

603

Peng Lei

940

New

947

Shao Xiaofeng

630

New

1,093

Zeng Ming

550

New

1,093

Dai Shan

550

New

1,093

Jiang Peng

550

New

1,093

Jin Jianhang

550

New

1,093

Tong Wenhong

550

New

1,093

Wang Jian

550

New

1,093

Wang Shuai

550

New

1,093

Wu Yongming

550

New

1,093

Zhang Yong

550

New

1,093

Jing Xiandong

390

New

1,093

Peng Yijie

390

New

1,093

Wu Wei

390

New

1,093

Yu Siying

390

New

Source: Hurun Research Institute

 

 

Rich Women

It has been a good year for women on the rich list this year, making up 21% of the total list, up from 20% last year. 60% of them are self-made. Zhou Qunfei of Lens overtook Chen Lihua to become the richest self-made female in the world with a fortune of US$7.8bn.

 

 

Political Appointments – growth at the NPC

11.3% of the Hurun Rich List, are delegates to either the NPC or CPPCC, or on the standing committee of the CPPCC or vice chairmen of the ACFIC, down from 13.7% last year. Whilst the overall number has risen to 211 individuals, up 37 from last year, the percentage is down. Most of the growth was in the NPC, where there were 114 delegates from the Hurun Rich List, up 24, and 79 at the CPPCC, up only 3. The higher up the list, the higher the percentage of senior political appointments.

 

Seven are members of the standing committee of CPPCC: Xu Jiayin, Lu Zhiqiang, Wang Wenbiao, Nan Cunhui, Sun Yinhuan, Liu Changle and Mao Yonghong.

 

9 individuals are vice chairmen of the All-China Federation of Industry and Trade, including Li Hejun, Li Yanhong, Zhou Haijiang, Sun Yinhuan, Xu Jiankang, Su Zhigang, Mao Yonghong, Xu Guanju and Pan Gang.

 

9 were delegates to the 18th Party Congress two years ago, including Zhou Haijiang (son of Zhou Yaoting), Liang Wengen, Li Denghai, Wei Jianjun, Chen Xueli (for the second time). Feng Yali (sister of Feng Hailang), Zhang Yubo, Wang Dong and Wang Jinshu.

 

 

Fortune Global 500. 8 of the Fortune Global 500 are controlled by people from the Hurun Rich List, led by Yan Hao of China Pacific Construction, which came in at Number 156, up ten places since last year. Others include Ren Zhengfei of Huawei; Yang Yuanqing and Liu Chuanzhi of Lenovo; Zhang Shiping of Weiqiao Pioneering; Wang Wenying of Amer; Shen Wenrong of Sha Steel; Su Weizhong, Wei Jianjun and Li Yong of Huaxin Oil; Li Shufu and son Li Xingxing of Geely.

 

 

Social Media Impact

Even though the impact of Weibo is weakening, to some extent it still can reflect the influence of those on the Hurun Rich List. Actress Zhao Wei, who made the list for the first time this year, is the new ‘Hurun Rich List Social Media Queen’ with an impressive 73.5m fans. Jack Ma rose to second place with 19m fans. Fastest risers were Wang Sicong, son of richest man Wang Jianlin, with 15m fans, up 10m from last year, and Jia Yueting of Letv.

 

 

Name

Sino Weibo Followers million (Change yoy)

 

 

Name

Tencent Weibo Followers million (Change yoy)

1 *

Zhao Wei

73.5 (new)

 

1 -

Jet Li Lianjie

13.4 (-0.0)

2 -

Jack Ma Yun

19.7 (+4)

 

2 -

Pan Shiyi

9.4 (0.1)

3↓

Pan Shiyi

17.3 (+0.3)

 

3 -

Yu Minhong

8.2 (0.1)

4↑

Wang Sicong

15.7 (+9.8)

 

4 -

Lei Jun

7.8 (1.2)

5↓

Yu Minhong

14.3 (+0.7)

 

5↑

Chen Guangbiao

6.39 (-0.0)

6↓

Lei Jun

12.4 (+1.3)

 

6↓

Jiang Xipei

6.37 (-0.2)

7↓

Xu Xiaoping

11.7 (+0)

 

7 -

Shi Yuzhu

5.9 (0.1)

8↓

Zhou Hongyi

10.7 (+1.5)

 

8↑

Li Guoqing

5.2 (0.9)

9↑

Jia Yueting

9.8 (+5.3)

 

9↓

Pony Ma Huateng

5.1 (0.1)

10↓

Zhang Xin

9.5 (+1)

 

10 -

Liu Qiangdong

4.1 (-0.1)

11↓

Jiang Nanchun

7.9 (+1)

 

11 -

Jack Ma Yun

3.9 (0.0)

12↓

Shi Yuzhu

7.7 (+0.2)

 

12 -

Yan Jiehe

3 (0.4)

13↓

Wang Changtian

7.4 (+1)

 

13 -

Shen Nanpeng

2.2 (0.0)

14↓

Li Yifei

7.3 (+0.9)

 

14 -

Ding Shuibo

2.1 (-0.0)

15↓

Jiang Xipei

7 (+0.4)

 

15↑

Zong Qinghou

1.5 (0.0)

16↑

Chen Ou

5.1 (+2)

 

16↓

Jiang Nanchun

1.5 (-0.0)

17↓

Wang Chaoyong

4.8 (+0.4)

 

17 -

Zhou Hongyi

1.3 (-0.0)

18↓

Chen Guangbiao

4.6 (new)

 

18 -

Huang Ming

1.3 (0.1)

19↓

Li Guoqing

4.6 (+0.4)

 

19 -

Li Yifei

1.1 (-0.0)

20↓

Ji Qi

4.3 (-0.1)

 

20 -

Xiang Wenbo

1 (-0.0)

21↓

Yan Jiehe

4.1 (+0.4)

 

 

 

 

Source: Sina and Tencent Weibo websites September 2015

↑ Rank increase yoy  ↓ Rank decrease yoy  - No Rank change yoy * New to list

 

 

Largest Market Capitalizations

Alibaba and Tencent led the way for the companies with the largest market caps.

 

 

Company Name

Market Value US$Bn

1

Alibaba

185

2

Tencent

173

3

PingAn

97

4

Huawei

87.5

5

Baidu

58

6

Wanda

56

7

Minsheng Bank

52

8

Mi

45

8

Ant Financial

45

10

JD.com

38.5

Source: Hurun Research Institute

 

 

People of interest

It has been a good year for the finance industry. JD Capital managed a listing on the New Third Board, resulting in 6 people making the list.

 

The only UK-based rich lister, Shanghai-born hedge-fund manager Huo Yan, 47, of Capula Investment, has donated more than GBP 100,000 to David Cameron’s Conservative party and is reported to live in a London home worth more than £25m.

 

‘Blood King’ Zheng Yuewen became one of the fastest risers this year, when Creat managed a public listing.

 

Business legend Liu Chuanzhi, one of the most respected entrepreneurs in the country, makes the list for the first time, following Lenovo’s listing in June.

 

Cash rich. It has been another good year for cashing out, led by Zhu Mengyi of Hopson, who cashed out US$1.3bn from the sale of his stake in Shanghai Electric. Zhu is 49th with a US$4.7bn fortune.

 

Jie Yueting of Letv continues to make the headlines, after announcing Letv’s entry into the electric car industry. Jia cashed out a large chunk by selling down his stake in Letv.

 

Shenzhen-based Yao Zhenhua of Baoneng surprised the markets when his newly-formed insurance company, became the largest shareholder of Vanke, the largest real estate developer in the country.

 

Airlines and IPOs.  Wang Zhenghua of Spring Airlines and Wang Junjin of Juneyao both managed significant IPOs this past year.

 

Art purchases. Wang Zhongjun of Huayi Bros in May paid US$39.9 million for a 1948 Picasso.  Liu Yiqian, China’s first billion-dollar art collector, continued to make the headlines with important pieces.

 

 

In trouble with the law.  Despite the list growing by a third, the number of people on last year’s list in trouble with the law is only 16, down from 18 last year. One is in jail, four are awaiting trial, 7 are under investigation and 3 are whereabouts unknown. 

 

In jail. Huang Guangyu of Gome. Despite being in jail, former Number One Huang in July merged all his privately-held electronic appliance outlets into his listed unit for US$1.4bn.

 

Awaiting charges. Zhang Keqiang of Huamei and Zhu Xingliang of Gold Mantis, both make the list despite awaiting charges. Xu Ming of Shide and Liang Yaohui of Dongguan Taizi Hotel are awaiting charges and are no longer on the list.

 

8 currently under investigation. Li Xinyu of Talkweb Information System, Wu Yijian of Ginwa, Lou Zhongfu of Guangsha, Chen Hua of Kingkey, Huang Hongming of Chuanghong, Deng Hong of Chengdu Exhibition Center, Hua Bangsong of Wison and Zhu Yicai of Yurun.

 

Gone awol. 腾中重工实际控制人李炎因多项经济罪名被调查,已携款潜逃。翔鹰集团刘迎霞涉嫌行贿犯罪,在案件办理中离境未归,全国政协常务委员会撤销其委员资格。政泉的郭文贵被报协款潜逃。

 

Bankrupt. Li Zhaohui of Haixin officially declared bankruptcy and is no longer on the list.

 

Suicide. Chen Rugen of Zhejiang Runshi jumped from the roof of a building, aged 55, and is succeeded by his wife and daughter.

 

Murder. Liu Han of Hanlong was executed after being found guilty of murder. Liu has been off the list for two years.

 

 

Chinese star signs. It has been a good year for snakes and dogs, and a bad year for dragons and horses. Rabbits lead the way for the umpteenth year.

 

 

Star Sign

%

Rank in 2014

Richest Individual

1

Rabbit

12.1%

1

Zhang Jindong

2

Snake

10.4%

3

Chen Lihua

3

Dragon

9.9%

2

Jack Ma

4

Tiger

9.6%

4

Yan Hao

5

Monkey

8.2%

5

Robin Li

5

Dog

8.2%

8

Lu Guanqiu

7

Horse

7.8%

6

Wang Jianlin

8

Ram

7.3%

7

Li Hejun

9

Rooster

6.8%

8

Zong Qinghou

10

Rat

6.78%

11

Wang Jing

11

Ox

6.6%

10

Zhou Jianping

12

Pig

6.4%

12

Ma Huateng

Source: Hurun Research Institute

 

 

Historical States

Wang Jianlin became only the fourth person to hold the Number One spot for more than one year, the previous ones being Rong Yiren and family, Huang Guangyu and Zong Qinghou. Over the past 17 years, China has had 11 Number Ones.

 

 

Year

No. of US$ billionaires

No.  of people on list

Cut-off US$m

Number One

Age

Wealth US$bn

1999

1

50

6

Rong Yiren

83

1

2000

2

50

42

Rong Yiren

84

2

2001

1

100

60

Liu Yongxing, Liu Yonghao & brothers

53, 50

1

2002

0

100

84

Larry Rong Zhijian

60

0.85

2003

0

100

110

William Ding Lei

32

0.9

2004

3

100

150

Huang Guangyu

36

1

2005

7

400

60

Huang Guangyu

37

2

2006

18

500

100

Zhang Yin & family

49

3

2007

106

800

105

Yang Huiyan

25

18

2008

101

1000

100

Huang Guangyu

39

6

2009

129

1000

150

Wang Chuanfu

43

5

2010

189

1363

150

Zong Qinghou

65

12

2011

254

1000

320

Liang Wen’gen

55

11

2012

251

1000

290

Zong Qinghou

67

12.6

2013

315

1000

325

Wang Jianlin

59

22

2014

354

1271

330

Jack Ma Yun

50

25.8

2015

596

1877

310

Wang Jianlin

61

34.4

Source: Hurun Research Institute

 

 

1877 individuals made the cut-off of CNY 2bn (US$310m), the same cut-off as last year. This was up 606 on last year, smashing the previous record. Cut-off to make Top 10 rose by 44% to US$10.2bn. Cut-off to make the Top 1000 rose from $400m to US$610m.

 

Year

Top 10 Cut-off US$m

Top 50 Cut-off US$m

Top 100 Cut-off US$m

Top 500 Cut-off US$m

Top 1000 Cut-off US$m

2010

5,240

2,300

1,510

440

240

2011

5,710

2,700

1,750

590

320

2012

5,400

2,400

1,670

560

290

2013

6,100

3,000

1,970

660

325

2014

7,500

3,300

2,300

750

400

2015

10,200

4,700

3,200

1,090

610

Source: Hurun Research Institute

 

 

 

Links to previous lists

2014 Hurun Rich List: http://www.hurun.net/EN/ArticleShow.aspx?nid=4570   

2013 Hurun Rich List: http://www.hurun.net/EN/ArticleShow.aspx?nid=231 

2012 Hurun Rich List: http://www.hurun.net/EN/ArticleShow.aspx?nid=281 

2011 Hurun Rich List: http://www.hurun.net/EN/ArticleShow.aspx?nid=408

2010 Hurun Rich List: http://www.hurun.net/EN/ArticleShow.aspx?nid=1471

2009 Hurun Rich List: http://www.hurun.net/EN/ArticleShow.aspx?nid=1512

 

2015 Hurun Philanthropy List:http://www.hurun.net/EN/ArticleShow.aspx?nid=10639

 

2015 Hurun Global Rich List:http://www.hurun.net/EN/ArticleShow.aspx?nid=12648

 

 

 

 

Methodology

The Hurun Rich List is a snapshot of wealth as of the weekend of August 14 and 15, the same date as that used for each of the last few years. The exchange rate used for the US dollar was CNY 6.4, down from CNY 6 last year, thereby reducing the valuations of several US-listed companies.

 

The list relates to Mainland Chinese only, defined as someone born and brought up in Mainland China, no matter what passport they might hold today. So, Wang Wei of SF Express does not qualify for the list, because he spent most of his youth in Hong Kong, despite being born in Shanghai.

 

Valuing the wealth of China’s richest is as much an art as it is a science.  We have missed some people, but we believe the Hurun Rich List to be the most serious attempt to identify China’s top entrepreneurs and to measure their holdings.  Our team of researchers has - for the seventeenth year running - traveled the length and breadth of the country cross-checking information with entrepreneurs, local government, industry experts, journalists, bankers, and regulators, as well as previous years’ databases. For non-listed companies our valuation was based on a comparison with their listed equivalents using prevailing industry Price/Earnings ratios.

 

 

 

Hurun Rich List 2015 - Top 100

For the full list of 1877 people, see www.hurun.net

Rank

Change in Rank

Name

Wealth US$m

Change in Wealth

Company

Industry

Age

1

1

Wang Jianlin & family

34,400

52%

Wanda

Real estate, entertainment

61

2

-1

Ma Yun & family

22,700

-3%

Alibaba, Ant Financial

E-commerce, financial service

51

3

0

Zong Qinghou & family

21,100

8%

Wahaha

Drinks

70

4

1

Ma Huateng

18,800

11%

Tencent

IT, entertainment

44

5

5

Lei Jun

14,400

104%

Xiaomi Technology

Mobile phone, investments

46

6

1

Yan Hao & family

14,200

7%

China Pacific Construction

Roads

29

7

-1

Li Yanhong & Ma Dongmin

13,300

-19%

Baidu

IT

47, 45

8

16

Lu Zhiqiang & family

13,000

137%

FanHai

Real estate, finance, investments

63

9

2

Zhang Jindong

12,700

84%

Suning

Retail, real estate

52

10

9

Lu Guanqiu & family

10,200

65%

Wanxiang

Car parts, real estate, agriculture

69

10

-2

Yan Bin

10,200

8%

Reignwood

Red Bull, real estate

61

12

-9

Li Hejun

9,800

-50%

Hanergy

Solar

48

13

3

He Xiangjian & He Jianfeng

9,400

46%

Midea

Home appliances

73, 48

13

2

Xu Jiayin

9,400

43%

Evergrande

Real estate, investments

57

15

-1

Wang Wenyin & Liu Jiehong

8,600

28%

Amer

Cable and copper products

47, \

16

7

Ding Lei

8,000

44%

Netease

IT, entertainment

44

17

New

Zhou Qunfei & Zheng Junlong

7,800

New

Lens

Manufacturing

45

17

15

Guo Guangchang

7,800

79%

Fosun

Investments, steel, pharmaceuticals

48

19

-2

Chen Lihua

7,700

24%

Fu Wah International

Real estate

74

20

-9

Zhang Shiping & family

7,600

10%

Weiqiao Pioneering

Textiles, aluminum

69

21

102

Zheng Yuewen

7,500

284%

Creat

Pharmaceuticals, investments

53

21

91

Wang Jing

7,500

269%

Xingwei

Telecoms

43

21

19

Wang Wenxue

7,500

118%

Fortune Land Development

Real estate

48

24

8

Zhou Jianping & family

7,200

64%

Hailan

Apparel, investments

54

25

26

Jia Yueting

7,000

137%

Letv

IT

42

25

13

Sun Guangxin

7,000

91%

Guanghui 

Car sales, energy, real estate

53

25

5

Liu Yonghao & family

7,000

55%

New Hope

Agriculture, finance

64

28

-19

Liu Qiangdong

6,950

-16%

JD

E-commerce

41

29

-9

Liu Yongxing & family

6,600

11%

East Hope

Aluminium, chemicals, feed

67

30

-19

Yang Huiyan

6,300

-8%

Country Garden

Real estate

34

31

-10

Zhang Zhidong

6,200

5%

Tencent

IT, entertainment

43

32

-10

Wei Jianjun & Hang Xuejuan

6,100

5%

Great Wall Motor

Car manufacturing

51

33

3

Shi Yuzhu & family

5,900

55%

Giant Investments

Finance, online games

53

33

-4

Liang Wengen

5,900

27%

Sany

Heavy machinery

59

33

-9

Li Jinyuan

5,900

9%

Tiens

Healthcare products

57

36

-8

Wang Chuanfu

5,860

21%

BYD

Car manufacturing, batteries

49

37

206

Wang Guangxi & Guo Tianshu

5,800

374%

Yongtai

Energy

46, \

37

24

Yuan Yafei

5,800

111%

Sunpower

IT retailer, real estate, investments

51

37

0

Huang Wei & Li Ping

5,800

54%

XinHu

Real estate, finance

56, \

40

34

Fang Wei

5,600

132%

Fangda

Carbon, steel, coal

42

41

-24

Xu Rongmao & family

5,500

-13%

Shimao

Real estate, investments

65

42

-16

Lyu Xiangyang & Zhang Changhong

5,400

10%

Guangzhou Youngy

Investments

53, 54

43

35

Lin Xiucheng & Lin Zhiqiang

5,300

127%

Sanan Group

LED

64, 41

44

39

Yu Yong

5,200

128%

Cathay Fortune Corp

Molybdenum mining

\

45

-2

Gong Hongjia & Chen Chunmei

5,000

49%

Hikvision Digital Technology

Video surveillance products

50, 50

45

-19

Zhu Yicai & Wu Xueqin

5,000

2%

Yurun

Food, real estate

51

47

43

Ma Xingtian & family

4,800

121%

Kangmei

Pharmaceuticals

46

48

91

Du Jiangtao & Hao Hong

4,770

165%

Junzheng

Coal, chemicals

46, \

49

29

Che Jianxing

4,700

100%

Macalline

Furniture retailing

49

49

-1

Chen Jianhua

4,700

50%

Wujiang Henli Chemical Fibre

Textiles, chemical fiber

44

49

-1

Zhu Mengyi & family

4,700

50%

Hopson, Pearl River

Real estate, investments

56

49

-17

Wang Yusuo & Zhao Baoju

4,700

7%

ENN

Gas, energy

51, 50

53

479

Zhou Guohui

4,500

590%

Eternal Asia

Supply-chain management

50

53

354

Qi Shi & family

4,500

480%

Eastmoney

Information service

45

55

57

Li Zhongchu & family

4,400

115%

Shiji Information Technology

IT

52, \

55

-4

Wei Shaojun & family

4,400

47%

Longjitaihe

Real estate, new energy

52

57

66

Geng Jianming & Yang Xiaoqing

4,300

120%

RiseSun Holdings

Real estate

53, \

57

0

Qiu Guanghe  & family

4,300

49%

Semir

Apparel

64

57

-10

Chen Fashu

4,300

34%

Xinhuadu Industrial Group

Retail, mining, investment

54

60

347

Wang Junjin & family

4,200

440%

JuneYao

Real estate, airline, retail

47

60

-25

Wu Yajun & family

4,200

4%

Longfor Properties

Real estate

51

62

68

Zhou Chengjian & family

4,100

121%

Metersbonwe

Apparel

50

62

21

Pang Kang

4,100

83%

Haitian

Food flavorings

59

62

-32

Zhang Yin

4,100

-9%

Nine Dragons Paper

Paper & Packaging

58

65

296

Zhou Xiaoguang & Yu Yunxin

4,060

356%

Xinguang

Jewelry, real estate, investments

53

65

184

Su Weizhong

4,060

247%

Huaxin

Oil, chemical

\

65

99

Wang Wenjing

4,060

160%

Yonyou

Software

51

65

74

Sun Xishuang

4,060

126%

Yifang

Real estate, investments

62

69

-30

Jiang Bin & Hu Shuangmei

4,000

13%

GoerTek

IT

49, 50

70

489

Liu Xiaodong

3,900

525%

Bairun

Flavor, wine industry

48

70

139

Huang Qisen

3,900

194%

Thaihot

Real estate

50

70

30

Cai Dongqing & family

3,900

85%

Alpha Animation

Animation

46

70

20

Luo Shaoyu & Zhao Jiehong

3,900

85%

Dongyin

Properly , special automobiles, investments

46, \

74

86

Xiong Xuqiang

3,800

133%

Yinyi

Real estate, mining, investments

59

75

484

Li Yong

3,750

500%

Huaxin

Oil, chemical

38

75

-1

Ye Chenghai & Liao Qingqing

3,750

55%

Salubris Pharmaceuticals

Pharmaceuticals

72, 66

75

-24

Xiao Jianhua & Zhou Hongwen

3,750

26%

Tomorrow

Finance, investments, mining

44, \

75

-32

Jiang Zhaobai

3,750

12%

Pengxin

Real estate, investments

52

79

68

Wang Wenbiao

3,700

114%

Elion Resources

Chemicals, pharmaceuticals, coal

56

79

60

Wang Changtian & Du Yinglian

3,700

104%

Enlight Media

Entertainment

50, \

79

4

Feng Hailiang

3,700

62%

Hailiang

Copper, investments

55

79

-36

Li Shufu & Li Xingxing

3,700

9%

Geely

Car manufacturing

52, 30

83

64

Fu Jun

3,600

109%

Macrolink

Mining, real estate, investments

58

83

56

He Qiaonv & Tang Kai

3,600

100%

Orient Landscape

Landscaping

49, 45

83

17

Sun Piaoyang & Zhong Huijuan

3,600

70%

Hengrui Medicine

Pharmaceuticals

57

83

-43

Huang Rulun

3,600

5%

Century Golden Resources

Real estate

64

87

New

Wang Tao

3,400

New

DJI-Innovations

TMT

35

87

25

Ma Jianrong & family

3,400

69%

Shenzhou

Textiles, apparel

50

87

13

Shen Wenrong

3,400

63%

Sha Steel

Steel

69

87

-36

Huang Guangyu & family

3,400

16%

Gome

Retail, real estate

46

91

9

Fu Liquan & Chen Ailing

3,360

59%

Dahua Technology

Software

48, 48

92

653

Ke Zunhong & family

3,300

577%

Kanghong Pharmaceuticals 

Pharmaceuticals

61

92

85

Shuai Tangwen & Cao Zaiyun

3,300

121%

Er-Kang Pharmaceutical

Pharmaceuticals

49, 50

92

68

Jiang Wei & family

3,300

100%

Bailing

Pharmaceuticals

54

92

8

Xue Xiangdong & family

3,300

56%

DHC Digital Technology

Software

56

92

-2

Miao Shouliang

3,300

50%

Fuyuan

Real estate, hydroelectricity, new energy

60

92

-24

Lin Yi

3,300

24%

Shenglong

Real estate

\

98

151

Zhang Guiping & Zhang Kangli

3,200

173%

Suning Universal

Real estate, investments

64, 34

98

90

Qin Yinglin & Qian Ying

3,200

128%

Muyuan

Husbandry

50, 49

98

14

Ou Zongrong

3,200

58%

Zhenro Group

Real estate

51

 

 

About Hurun Report Inc.

China’s Leading Business and Luxury Lifestyle Media Platform since 1999

Nobody Knows China’s Rich Better!

 

Established as a research unit in 1999, Hurun Report Inc. has grown into a leading business and lifestyle media platform targeted at China’s high worth individuals, on the back of its flagship Hurun China Rich List and, since 2012, its Hurun Global Rich List. Headquartered in Shanghai, Hurun Report has offices in Beijing, Guangzhou, Chengdu, Sanya, Hong Kong, London, Los Angeles, Chicago and Cochin, Kerala in India.

 

The Hurun Rich List has grown to rank the richest individuals of China and India. In 2015, the Hurun Global Rich List ranked 2089 dollar billionaires, benchmarking China’s and India’s top entrepreneurs in the context of their global peers.

 

Digital. Hurun Report Inc has an award-winning digital media platform, reaching 470,000 unique Chinese high net worths monthly.  Hurun Report’s digital media is composed of an active social media programme on WeChat and Weibo, mobile and tablet Apps and the hurun.net website.

 

Print. 4 magazines, reaching 485,000 on average a month: Hurun Report targeted at Chinese luxury consumers aspiring to wealth of US$5m (‘Nobody Knows China’s Rich Better’); the Hurun Schools Guide series targeted at Chinese parents looking to send their children overseas (‘Unlocking the Doors to the World’s Best Schools’); Wings & Water targeted at Chinese super luxury consumers with or aspiring to US$50m (‘Beyond First Class’) and Horse & Polo China (‘For Horse Lovers’).

 

Conferences: Hurun Report Inc hosts over 100 events across China every year, led by its 4 flagships in Shanghai, Beijing, Shenzhen and Sanya every year.  Hurun Report Inc hosts a further ten in the US, London, Singapore, Australia and India) every year.

 

Market Research. Hurun Report’s close personal relationships with many of China’s leading entrepreneurs provides the basis for its fast-growing market research division. Hurun Market Research has developed expertise in the sectors of private banking, insurance, luxury drinks, luxury cars and consumer electronics.

 

 

For further information, see www.hurun.net

 

Official Wechat platform: HurunReport

 

For media inquiries, please contact:

 

Porsha Pan

Tel: 021-50105808*601

Mobile: 139 1838 7446

Email: porsha.pan@hurun.net

Contact Us

TEL:+86(0)21 50105808
ADD:18F, Tower One, Enterprise Center, 139 Huakang Road (by Gonghe Road), Shanghai, China
ZIP:200070