Founder Alibaba Jack Ma lost leading positions in the list of richest Chinese. For the year, the rebellious businessman lost a third (36 percent) of his state due to the actions of the PRC authorities, it is said in the report of the research organization Hurun Research Institute.
The richest Chinese became the “king of bottled water” Zhong Shanshan (head of Nongfu Spring) with a state of $ 60.5 billion. In second place with a state of 52.8 billion dollars, the founder of BYTedance Zhang Imin turned out to be. Its state soared 209 percent.
The third position was taken by the founder of the largest Chinese manufacturer of fuel cells and lithium-ion batteries CATL Zeng Yuitsun with a state of $ 49.7 billion (plus 167 percent). Next comes the founder of the telecommunications company Tencent Ponya Ma (49.2 billion dollars, minus 19 percent). Jack Ma is only on the fifth line from $ 39.6 billion.
For the first time in the top ten, not a single person from the real estate sphere did not fall. About 26 percent of the rating make up women. The number of people’s richest people with a state of at least two billion yuan (more than 300 million dollars) increased by 520 per year. Their total capital reached 5.3 trillion dollars.
Alibaba has lost $ 344 billion per year. In early October, Alibaba shares fell to a record minimum at the auction in Hong Kong against the background of tightening the requirements for the company and calls on the authorities to the restructuring of the Fintech business.
Last fall it became known that the Chairman of the People’s Republic of China Jinping personally gave an order to suspend the placement of Ant Group shares (Daughter Alibaba) – after Jack Ma criticized the rules regulating the high-tech industry in China.