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Top 5 richest people in Chinese mainland [China Daily: Hong Kong Edition]
[September 02, 2014]

Top 5 richest people in Chinese mainland [China Daily: Hong Kong Edition]


(China Daily: Hong Kong Edition Via Acquire Media NewsEdge) Helped by the rapid development of China's Internet industry, Chinese tech giants have embraced their fortune faster than their competitors in traditional sectors.

According to Bloomberg Billionaires Index, the three richest people in the Chinese mainland are all creative entrepreneurs from the Internet industry, with an average age of 46.

What intensifies the competition between the billionaires is the announcement made on Friday by Dalian Wanda Group, Tencent and Baidu to join hands to set up an e-commerce company.

Let's take a look at the top five richest people in the Chinese mainland.

No 5 Zong Qinghou with assets worth $11.5 billion Position: Founder and Chairman Company: Hangzhou Wahaha Group Co Ltd Zong is one of the most famous businessmen to have come out of China's reform and opening-up. With his business sense and management skills, Zong built a Chinese beverage empire with over $7.9 billion annual sales revenue from scratch.



At the age of 68, he still spends more than 200 days a year doing market research.

Zong Qinghou, board chairman of Hangzhou Wahaha Group Co Ltd [Photo/Xinhua]   Top 10 most expensive restaurants in Beijing Top 10 newsmakers who rocked China's stock marketTop 9 food safety scandals served by global brands No 4 Wang Jianlin with assets worth $14.7 billion Position: Chairman Company: Dalian Wanda Group Wang Jianlin is not just a real estate tycoon, but also an entrepreneur and an adventurer. In 2013, he invested 50 billion yuan ($8.01 billion) in Qingdao, trying to build a world's biggest film and television industry base there.


Wang Jianlin, chairman of Wanda Group [Photo/IC]   Top 10 most expensive restaurants in Beijing Top 10 newsmakers who rocked China's stock marketTop 9 food safety scandals served by global brands No 3 Robin Li with assets worth $15.8 billion Position: Founder and CEO Company: Baidu As the biggest Chinese search engine worldwide, Baidu has already achieved successes.

In 2013, Li bought PPS for $370 million and acquired 91 Wireless for $190 million. He was also the president of the first Domestic Chamber of Commerce in the Cultural Industry, and believes that more business will boost the country's cultural sector.

Robin Li, founder and CEO of Baidu [Photo/IC]   Top 10 most expensive restaurants in Beijing Top 10 newsmakers who rocked China's stock marketTop 9 food safety scandals served by global brands No 2 Ma Huateng with assets worth $16.3 billion Position: Chairman and CEO Company: Tencent Holdings Limited In 2013, Ma Huateng topped the Rupert Hoogewerf's China Rich List in IT industry. With market value of more than $100 billion, Tencent is now Asia's largest Internet company. Wechat, its mobile text and voice messaging communication service, has more than 300 million users worldwide.

  Ma Huateng, chairman and CEO of Tencent [Photo/IC]   Top 10 most expensive restaurants in Beijing Top 10 newsmakers who rocked China's stock marketTop 9 food safety scandals served by global brands No 1 Jack Ma with assets worth $21.8 billion Position: Chairman and founder Company: Alibaba Group As an economic leader in China, Jack Ma and his Group has had an influential impact on China's e-commerce business. In May 2013, he resigned as the CEO, and initiated moves to set up Cainiao Network Technology Co Ltd, planning to turn it into an international e-commerce logistics business.

  Jack Ma, founder of Alibaba Group [Photo/IC]   Top 10 most expensive restaurants in Beijing Top 10 newsmakers who rocked China's stock marketTop 9 food safety scandals served by global brands (c) 2014 China Daily Information Company. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

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