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AF TV – Beverages trump buildings: China’s richest in 2021

The annual list of Chinese individuals with wealth of 2 billion yuan (US$310 million) or more has tripled in the past decade. 2,918 Chinese billionaires now own wealth worth $5.3 trillion, rising 24% in a year.

Technology titans, on the other hand, plunged in rankings following a crackdown by Beijing on the sector. The net worth of Alibaba cofounder Jack Ma, who topped the list last year, fell 36% to $39.6 billion.

Meanwhile, assets of property magnate Hui Ka Yan, founder of debt-stricken China Evergrande Group, declined almost 70% over the past year. Read more

Ankur Tanwar

After graduating as a Computer Science student and having worked as Data Analyst for two years, Ankur made the switch to the film and entertainment industry. With an affinity for understanding and managing software, Ankur found a talent for video editing and has worked for Asia Financial since launch, as a Video Editor and Producer. Ankur is in charge of the AF TV production unit based in Delhi.


AF China Bond