Wealth of China’s Richest Plunges by 39 Percent in 2022

[Epoch-Times-Bot]

Wealth of China's Richest Plunges by 39 Percent in 2022

Forbes recently released China's Richest 2022.  Among the top 100 richest people, 79 of them saw their wealth fall.
The biggest wealth drop since Forbes’ records began with a drop of 39 percent—from $1.48 trillion in 2021 to $907.1 billion in 2022.
At the same time, the “Hurun China Rich List” also shows that the number of Chinese billionaires in 2022 has the biggest drop within the past 24 years.
The following information is from the Forbes report dated Nov. 11, 2022, and the previous year’s totals are dated Nov. 17, 2021:

Nongfu Spring, Zhong Shanshan, the richest people in mainland China, wealth dropped five percent to $62.3 billion from $65.9 billion in 2021.
ByteDance, Zhang Yiming, with a fortune of $49.5 billion, down $9.9 billion from $59.4 in 2021.
CATL, Zeng Yuqun, battery manufacturer, with a fortune of $28.9 billion, down 43 percent from last year’s $50.8 billion.
Tencent, Ma Huateng, with a fortune of $23.4 billion, plummeted $25.7 billion (nearly 50 percent) from 2021.
Alibaba, Jack Ma, with a fortune of $20.3 billion.
SF Holding, Wang Wei, $19.6 billion.
Midea Group, He Chunjian, $18.8 billion.
NetEase Inc., Ding Lei, $19.7 billion.
Pinduoduo, Huang Zheng, $18.6 billion.
Muyuan Shares, Qin Yinglin, $18.4 billion.

Xiao mi, the founder Leijun dropped 50 percent of wealth from US$17.9 billion in 2021 to US$7.6 billion in 2022, ranked 37th this year...

Source: Wealth of China's Richest Plunges by 39 Percent in 2022

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