Where Data Tells the Story
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China's 10 richest billionaires, based on Forbes data as of Feb. 1, 2024.
Zhong Shanshan has built the majority of his wealth from Nongfu Spring, a major bottled water and beverage company in China. He also has a significant ownership stake in Beijing Wantai, a pharmaceutical company.
Zhang Yiming is the primary founder of ByteDance, the Chinese company behind TikTok and its domestic counterpart, Douyin.
Alibaba co-founder Jack Ma was once the richest man in China with a net worth of over $60 billion. He largely disappeared from the spotlight after clashing with Chinese regulators, which resulted in his net worth falling by more than half.
At the center of this controversy was Ant Group's planned 2020 IPO, which was expected to be the world's largest. Ma began making more public appearances in 2023, including teaching as a visiting professor in Tokyo.