Chinese beverage magnate Zong Qinghou, of soft drinks maker Wahaha, has topped the Hurun Rich List 2012 with a personal fortune of $12.6 billion.
China's rich have defied the global financial crisis with another record year of growth, as manufacturing replaces property as nation's chief source of wealth.
The passion for luxury products in China is still growing, though consumption of luxury goods among the wealthy has tapered amid the global economic slowdown.
The latest edition of the Hurun Report issued Tuesday indicated that the number of multimillionaires in China reached 1.02 million as of the end of 2011.
Yang Huiyan, 31, vice-chairwoman of property developer Country Garden Holdings Co Ltd, topped The Richest Chinese Under 40 list.
Yang Huiyan, 31, vice-chairman of property developer Country Garden Holdings Co Ltd, was named the richest Chinese person under 40 in a list by Hurun.
Business owners, real estate investors and professional investors are the wealthiest people in Shanghai, according to Shanghai Wealth Report 2012.
Business owners, real estate investors and professional investors are the wealthiest people.
The head of a bank that recently launched a service aimed at China's super-rich predicted Tuesday that the wealth of the country's high net worth individuals (HNWIs) in 2015 will be more than triple that of 2010.
Li Yanhong, chairman and founder of the search engine giant Baidu Inc, topped Forbes' latest list of the richest people on the Chinese mainland.
Eighty-three individuals worldwide with personal fortunes totaling $10 billion or more have been listed on the Hurun Global Rich List 2012, which was released Tuesday in Beijing.
Eighty-three individuals worldwide with personal fortunes totaling $10 billion or more have been listed on the Hurun Global Rich List 2012, which was released Tuesday in Beijing.
Eighty percent of the top 40 richest Malaysians are ethnic Chinese, according to data compiled by the Malaysian daily Nanyang Siang Pau.
Even as they continued to benefit from the mainland's robust economic growth, Hong Kong's richest people saw their wealth shrink last year in tandem with the sagging stock market.
The Hurun lists of the richest women on the Chinese mainland and the world’s richest self-made women were released Wednesday.
The real estate industry is the biggest source of wealth for the richest people in China, the country with the largest number of US dollar billionaires, said Rupert Hoogewerf, chairman and chief researcher of Hurun Research Institute.
China's rich defy global crisis
The Sany Group's founder Liang Wengen is China's richest man with a fortune of 70 billion yuan ($11 billion), according to the Hurun Rich List 2011.
The 2011 Forbes list of the World's Billionaires was revealed Wednesday, March 9, with encouraging results for Chinese businessmen as Robin Li, CEO of search site Baidu Inc is listed at No 95.
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