Chinese billionaire's sources of wealth Most of the people listed among the 20 wealthiest Chinese in 2023 had owned their own companies. Zhong Shanshan, who topped the list of richest people in China in 2023, has made his fortune as founder of the beverage company Nongfu Spring.
Zhong Shanshan is the founder and chairman of Nongfu Spring, a Chinese bottled water and beverage company. He founded Beijing Wantai Biological Pharmacy Enterprise, a medical diagnostic and vaccine producer. Shanshan became China's wealthiest person in 2020, surpassing Jack Ma and Pony Ma.
As of July 17, 2023, Zhong Shanshan was the wealthiest person in China, with an estimated net worth of 63.7 billion U.S. dollars, followed by Zhang Yiming (No. 2, $45.0 billion), Ma Huateng (No. 3, $37.3 billion); and William Lei Ding (No. 4, $33.2 billion).
As of July 28, 2023, Tadashi Yanai was the wealthiest person in Japan, with an estimated net worth of 37.5 billion U.S. dollars, followed by Masayoshi son (No. 2, $27.1 billion), Takemitsu Takizaki (No. 3, $22.1 billion); and Takahisa Takahara (No. 4, $7.1 billion).
Countries With Most Billionaires
China is the country with the second-highest number of billionaires, with 698 individuals. India is the third country with the most billionaires with 237 billionaires.
Forbes' real-time data shows that as of June 2023, there are 48 Australian billionaires on the list of the world's richest people.
The country with the highest number of billionaires is, unsurprisingly, the US. The United States of America has 735 billionaires – same as last year, according to Forbes.
Here are the 10 richest countries in Asia: China - $11.22 Tn. Japan - $4.94 Tn.
China makes up 18.45% of the total global economy. The top two richest countries in the world combined harbor 42.38% of the world's economy. The third richest country in the world by GDP is Japan at $4.937 trillion in GDP and a $39,285.2 GDP per capita.
Chinese millionaires were also frustrated with the country's tough approach to the COVID pandemic, where snap lockdowns and other disruptive measures were imposed to drive cases down to zero. Ironically, Beijing's decision to roll back its COVID controls may now be driving the recent outflow.
Key Takeaways. China's economy has grown to one of the largest and most powerful in the world over the past few decades. Driven by industrial production and manufacturing exports, China's GDP is actually now the largest in terms of purchasing power parity (PPP) equivalence.
According to Credit Suisse estimates, the number of dollar-millionaires residing in China totaled 6.2 million individuals, ranking second after the United States in the world. Although China's economic growth slowed down considerably over recent years, the number of millionaires still increased constantly.
Australia's richest person, Gina Rinehart, is the daughter of iron-ore explorer Lang Hancock. Rinehart made her wealth rebuilding Hancock Prospecting, becoming chair in 1992 when her father died.
Beijing. Beijing has 128,200 resident millionaires, 354 centi-millionaires, and 43 billionaires. The official capital city of China, Beijing is the base for many of the world's largest companies. Its billionaire population is particularly high — only New York City and the Bay Area rank higher based on this measure.
The most high-profile disappearing billionaire was Alibaba founder Jack Ma. The then-richest person in China vanished in late 2020 after criticising the country's financial regulators. The planned mega-listing of shares in financial technology giant Ant Group was shelved.
Australia has a GDP per capita of $48,700 as of 2020, while in China, the GDP per capita is $16,400 as of 2020.
Japan has a HDI rank of 17th determined by its $US 36,332 GDP per capita whereas Australia's HDI rank is 2nd and has a GDP per capita of $US 61,219. These rankings and GDPs are determined by Japans 0.933 HDI, 83.6 age life expectancy and 11.5 mean years of education.
Since 2021, Francoise Bettencourt Meyers is listed as the world's wealthiest woman.
French L'Oreal heiress Francoise Bettencourt Meyers continues to top the list of the world's richest women after having taken the lead in 2021 from Walmart heiress Alice Walton.
There are 2,755 billionaires in a world with over seven billion people, according to Forbes. But only 14 are Black with eight of them being African Americans.
Is America the richest country in the world? Yes, America is the richest country in the world, with an overall net worth of $145.8 trillion and a GDP of $25.46 trillion. America has been the richest country in the world for over 60 years.
Billionaires. The communist-ruled People's Republic of China is set to show the highest growth rate for billionaires in the coming ten years worldwide. In 2027, the total is expected to stand at 697 individuals with net assets of $1 billion or more. India is in second place.