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Report Released! Who Won The 2020 Richest Man Again in China?

GICexpat 2020-10-21

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The "2020 Hurun Report" was released yesterday. 




The family of Jack Ma once again won the richest man in China with a wealth of 400 billion yuan. It is the fourth time Jack Ma won the richest man in China.



Pony Ma, Chairman of Tencent's Board of Directors, ranked the second with 390 billion yuan.



The wealth of Zhongshanshan, who ranked in the third place with the"shrunk" wealth of 365 billion yuan.  He is the founder of Nongfu Spring, made the list for the first time.



Mr. Hu said: "this year, the world's top entrepreneurs experienced a decline in wealth, v-shaped recovery, the process of explosion, the COVID - 19 in the first two months after the outbreak, their wealth fell by $2.6 trillion, in the second month, a v-shaped recovery, in the electricity industry, and the third stage in the new economic explosion, represented by new energy automobile tesla. Chinese entrepreneurs have been the fastest to recover from the epidemic."



Editor: Crystal H

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