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Nongfu Shan Quan Zhong Jing was crowned China's richest man with 390 billion yuan, and Zhang Yiming surpassed Ma Yun and Ma Huateng to rank second

China Net Financial News, on October 27, Hurun Research Institute released the "2021 Hurun Rich List". The list shows that the number of people on the Hurun Report increased by 520 compared with 2398 last year, reaching 2918 entrepreneurs with a wealth of more than 2 billion yuan. Nongfu Spring Zhong Became China's Richest Man for the First Time with 390 Billion Yuan; Douyin Founder Zhang Yiming's Wealth Tripled last year, leaping to Second place with 340 Billion Yuan; and Ningde Era Zeng Yuqun ranked third with 320 billion yuan.

Nongfu Shan Quan Zhong Jing was crowned China's richest man with 390 billion yuan, and Zhang Yiming surpassed Ma Yun and Ma Huateng to rank second

A total of 2,918 entrepreneurs made the list, of which 2,643 lived in Chinese mainland (distributed in 178 cities), 241 lived in Hong Kong, Macao and Taiwan (151 in Hong Kong, 87 in Taiwan, 3 in Macau), and 34 lived outside Of China (19 in the United States, 12 in Singapore, 2 in the United Kingdom, and 1 in Canada). The total wealth of the entrepreneurs on the list increased by 24% over last year to 34 trillion. The wealth of 1,748 entrepreneurs increased from last year, including 838 newcomers. The wealth of 1,488 entrepreneurs has shrunk or remained unchanged from last year, with 318 falling out this year. Manufacturing, big health, real estate, chemicals and financial investment are the top five sources of wealth for entrepreneurs on the list. The top three cities with the highest concentration of entrepreneurs on the list are Beijing, Shenzhen and Shanghai, followed by Hangzhou, Hong Kong and Guangzhou. The average age is 56, one year older than last year.

The Nasdaq Composite index rose 30% from the same period last year, while the Shanghai Composite Index and the Shenzhen Composite Index rose 7.4% and 5% respectively. The Hang Seng Index fell slightly by 1.5%. The renminbi fell 5.3% against the US dollar compared to the same period last year.

HuRun, chairman and chief research officer of Hurun Report, said: "The number of people on the list of the richest people and the total wealth increased by more than 20% compared with last year, mainly due to the rapid growth of new energy-related industries and the large number of new listed companies. Another reason is that we have added Hong Kong, Macao and Taiwan entrepreneurs this year, but there are only about 200 of them, which has little impact. ”

"20 years more than 100 times. After the reform and opening up, China's economy has grown rapidly, and the speed of wealth creation has accelerated, especially in the past 20 years, only 19 entrepreneurs have a wealth of more than 2 billion yuan 20 years ago, and now it is more than 100 times, nearly 3,000 people. Following recent trends, I predict that in ten years' time the number of entrepreneurs on the list of the richest people should reach more than 5,000. ”

"We can see from our list of the richest people that the structure and scale of Wealth Creation in China have changed very quickly in recent years, and half of the nearly 3,000 entrepreneurs on the list this year were not listed five years ago. Twenty years ago, the threshold for the top ten was only 3.5 billion, and entrepreneurs engaged in agriculture ranked high, and none of the top ten at that time are still in the top ten. Ten years ago, the threshold of the top ten rose to 36 billion, an increase of more than ten times, and the proportion of entrepreneurs engaged in real estate was relatively high, and only He Xiangjian was still in the top ten at that time. Five years ago, the threshold for the top ten doubled to 78 billion, the proportion of entrepreneurs engaged in the Internet rose, and the top ten at that time are still in the top ten. This year's top ten threshold is 193 billion, and the proportion of entrepreneurs engaged in new energy-related industries has risen. ”

"To the surprise of many people, in the era of science and technology in the 21st century, China's richest man is the water seller. Hangzhou-based Zhong has two companies worth more than $10 billion: Nongfu Spring and Cervical Cancer Vaccine Manufacturer Wantai Biotech. ”

"In the more than two decades since the establishment of the Hurun Report, only Ding Lei, Chen Tianqiao and Huang Guangyu can enter the top three of the 30-year-old entrepreneurs, and Zhang Yiming is the fourth, and at present, Zhang Yiming is very likely to become the next richest man in China, especially if the listing is successful."

"Driven by the carbon-neutral '3060' goal, the new energy-related industries have grown rapidly this year; the semiconductor industry has grown driven by the demand for smart cars and mobile phones; the biotechnology industry has grown under the epidemic; and the sports-related industries will grow under the influence of the Beijing Winter Olympics." Among the top 10 entrepreneurs with the most wealth growth this year, 8 are related to new energy, mainly electric vehicles, 6 are mainly electric vehicles, including 2 photovoltaics, and the other 2 are engaged in the entertainment industry. Compared with the outbreak of the new crown epidemic two years ago, the health, chemical and food and beverage industries have grown faster. ”

"The impact of antitrust can be seen from the list of the richest people, as well as the decline in the real estate, education, pork and gaming industries this year. Evergrande's Xu Jiayin wealth, which is deeply in debt crisis, fell by more than 160 billion to 73 billion yuan from last year, and the literary wealth of Huaxia Happiness King fell by more than 40 billion to 6 billion yuan compared with last year. Under the background of the burden reduction policy, the wealth of Zhang Bangxin in the good future shrank by nearly 90 billion to 5.7 billion, the wealth of Yu Minhong of New Oriental shrank by nearly 20 billion to 7.5 billion, and The wealth of Chen Xiangdong of Gaotu Education last year was 80 billion yuan and fell on the list this year. The wealth of the Liu Yonghao family of New Hope shrank by more than 50 billion to 105 billion, and the wealth of Makihara Qin Yinglin and Qian Ying shrank by 30 billion to 170 billion. Ma Huateng's wealth fell by more than 70 billion yuan from last year, down two places to fourth. ”

"The average Chinese entrepreneur was born in 1965, started a business in 1994 (aged 29), and was listed for the first time in 2012 (aged 47), 56 years old this year, with a wealth of 12 billion."

"To measure the value created by an entrepreneur, the first thing is that the products and services of his business are in place, and the founder also has to meet other stakeholders, including creating value for other shareholders. The first two are difficult to calculate, we only counted the value created by the founders for other shareholders, and found that the 22 founders all created more than 200 billion of value for other shareholders. ”

"From our 18-year Hurun Charity List, we can see that the amount of donations from Chinese entrepreneurs is growing, and they are constantly exploring and innovating philanthropic models, and paying more and more attention to the sustainable development of philanthropy." Wealth has been created so much in recent years that in the coming years we will see more large-scale philanthropy through donations and charitable trusts. ”

"In China, a large part of the brands that people commonly use are created by the entrepreneurs on the list, whether it is service brands such as WeChat, Alipay, etc., or physical product brands, such as Nongfu Spring, Midea, etc."

"Many Chinese companies are behind-the-scenes heroes, such as the New Energy Automobile Industry in the Ningde Era, and Hengli Serving the Textile Industry."

"From the perspective of business gangs, the most entrepreneurs on the list have always been Zhejiang businessmen and Cantonese businessmen, Zhejiang businessmen include Wen merchants and Yong merchants, and Cantonese businessmen include Chao merchants and Hakka merchants." The top three have one Zhejiang businessman and two Fujian businessmen. ”

This year's list has 14 entrepreneurs born outside Of China and living in China, the top of the list is the 33 billion yuan wealth of Bao Yugang son-in-law, shipping group BW Su Haiwen, born in Austria, living in Hong Kong; followed by the 28.5 billion wealth of Rong Qiao Lin Hongxiu, born in Indonesia, living in Fuzhou; also includes The Beaugene American John Oyler, who started a business in Beijing, and the 16 billion yuan, Aya Zhi fashion Danes Allan Warburg and Dan Friis has a wealth of 7 billion. ”

"In the past, we thought that for every entrepreneur on the list, we should miss two more, but now that percentage has decreased, this year we have found nearly 3,000 people with a wealth of more than 2 billion, but in fact more than 7,000 people should be eligible for the list."

"Xiaomi's Lei Jun, 360's Zhou Hongyi and TCL's Li Dongsheng are the three entrepreneurs on the list who have the fastest Weibo fans in the last year, increasing by hundreds of thousands, with more than 23 million, more than 12 million and nearly 10 million fans, respectively."

The number of hurun rich people expanded by 22%, an increase of 520 from last year's 2,398 people, reaching 2,918 entrepreneurs with a wealth of more than 2 billion yuan, three times that of ten years ago.

Zhong, 67, of Nongfu Shanquan's wealth increased by 25 billion yuan, or 7%, compared with last year, becoming China's richest man for the first time with 390 billion yuan.

Zhang Yiming, the 38-year-old founder of Douyin, has tripled its wealth to last year, growing by 230 billion, surpassing Ma Huateng and Jack Ma to jump to second place with 340 billion yuan.

Driven by the carbon neutral "3060" target, new energy-related industries have grown rapidly this year. The wealth of Zeng Yuqun, a 53-year-old supplier of new energy vehicle batteries in Ningde Times, has grown to nearly three times that of last year, increasing by 200 billion yuan and entering the top three for the first time with 320 billion yuan; the wealth of Wei Jianjun and Han Xuejuan of Great Wall Motors has increased to nearly 5 times that of last year, increasing by 173 billion yuan, jumping to seventh with 218 billion yuan; Zhang Xinghai and Yan Min, who are xiaokang holdings of new energy vehicles, are the entrepreneurs with the largest wealth growth on this year's list, growing to 7.5 times last year, reaching 22 billion yuan.

Ma Huateng's wealth, 50, fell by 73 billion yuan, or 19%, from last year, to rank fourth with 317 billion yuan.

Last year, the richest man, Jack Ma, fell 145 billion yuan, or 36 percent, to fifth place with 255 billion yuan, making him the most wealth-reducing entrepreneur since Xu Jiayin on this year's list. Following the suspension of Ant Group's listing, Alibaba was fined $18.2 billion by antitrust this year.

838 newcomers, including Zhang Congyuan, 73, of sneaker manufacturer Huali Industrial, with a wealth of 88 billion yuan; Deng Weiming and Wu Xiaoge, a lithium battery material manufacturer, with a wealth of 64.5 billion yuan; Jian Jun, 58, a medical beauty material manufacturer Aimeike, with a wealth of 44 billion yuan; And Xu Yangtian, 37, a fast fashion cross-border e-commerce platform, with a wealth of 40 billion yuan.

The total wealth of the entrepreneurs on the list increased by 24% from last year's 27.5 trillion yuan to 34 trillion, which is 6 times that of ten years ago. The number of 100 billion entrepreneurs increased by 4 compared with last year, reaching 45, and there was not a single one ten years ago. Billionaire entrepreneurs are up 307 from last year's 878 to 1,185, five times more than a decade ago.

Xu Jiayin, the richest man in 2017, fell by 162 billion yuan from last year, making him the most wealth-reduced entrepreneur on this year's list, falling from fifth to 70th place last year with 73 billion yuan. Huaxia Happy 54-year-old Wang Wenwen's wealth fell by more than 40 billion to 6 billion yuan. The top two in the real estate sector this year are Country Garden's 40-year-old Yeung Wai-yeon and Henderson Land Development's 93-year-old Lee Shau Kee, who ranked 11th and 15th on the list with $185 billion and $170 billion, respectively. Hurun said: "For the first time in the real estate industry, no entrepreneur has entered the top ten. ”

From the perspective of the decline in wealth, the biggest decline this year is Zhang Bangxin, a 40-year-old off-campus training institution, down 94% (nearly 90 billion) to 5.7 billion yuan. New Oriental Yu Minhong's wealth shrank from 26 billion yuan last year to 7.5 billion, and Gaotu Education Chen Xiangdong fell from 80 billion yuan last year to this year.

Due to financial problems, Baoneng Yao Zhenhua fell from 105 billion yuan last year to this year, Suning Zhang Jindong's wealth shrank from 102 billion yuan last year to 24 billion, and Oceanwide Lu Zhiqiang's wealth shrank from 62 billion yuan last year to 20 billion yuan.

The proportion of manufacturing people on the list and the proportion of wealth have increased the most, and it is still the largest source of wealth for entrepreneurs on the list, accounting for 27% of the total list, an increase of 3 percentage points over last year, and wealth accounts for 24% of the total list, an increase of 5 percentage points. Among them, advanced manufacturing accounts for 60%. The number of people in the big health industry accounted for 10.8% and remained second. The share of people in the real estate industry continued to decline, ranking third with 9.4%. The chemical industry rose, with 6.4% of the population rising to fourth.

There are 326 entrepreneurs under the age of 40 (including 40 years old), 70 more than last year. Of these, 80 are self-made, four more than last year. Zhang Yiming became the richest man under the age of 40. Three entrepreneurs under the age of 40 (including 40 years old) entered the "100 billion club": Zhang Yiming, Yang Huiyan and Yan Hao, 35, of Pacific Construction.

l 28 "post-90s" on the list, one more than last year. Two of them are self-made, Heytea's 30-year-old Nie Yunchen's wealth doubled to 10 billion yuan compared with last year, winning the richest self-made man after 90s; the other is Lu Jianxia, 28 years old of Manner Coffee, who started a business with Han Yulong, and the husband and wife wealth of 3.5 billion yuan is newly listed this year.

The average age of the entrepreneurs on the list is 56 years old, one year older than last year.

Shanghai has grown rapidly in the past two years, and this year it has added 78 people to the list, rapidly shortening the gap with Shenzhen and ranking third in the country with 294 people. Beijing remains the city with the most entrepreneurs on the list, with 341 people living in Beijing, an increase of 16 from last year. Shenzhen's 301 people remained second, an increase of 26 people. Hangzhou's 170 people remained fourth, an increase of 15 people. Hong Kong's 151 people ranked fifth, an increase of 89 people. Guangzhou's 112 people ranked sixth, down five. Suzhou's 92 people ranked seventh, an increase of 22 people. The top seven major cities account for half of the total number of people, and the north and deep upper one-third. Hurun said: "Beijing, Shenzhen, Shanghai, Hangzhou, Hong Kong, Guangzhou and Suzhou, especially in the north and Shenzhen, the entrepreneurial ecology has done particularly well, so many exemplary entrepreneurs in these cities, for young entrepreneurs have a huge help, because the entrepreneurial spirit is contagious." According to the trend of these two years, next year Shanghai should surpass Shenzhen for the first time in ten years. ”

For the first time this year, it covered Hong Kong, Macao and Taiwan entrepreneurs, with a total of 197 people, including 106 people from Taiwan, 89 people from Hong Kong and 2 people from Macao. With only 13 people in the top 100, 93-year-old Li Ka-shing is eighth with a fortune of 215 billion yuan. "There are fewer Hong Kong, Macao and Taiwan entrepreneurs on the list than I originally thought, and if our list of the 100 richest people covered Hong Kong, Macao and Taiwan entrepreneurs more than ten or twenty years ago, we would not have seen mainland entrepreneurs in the top ten."

The proportion of women entrepreneurs rebounded to 26% from 24.9% last year, of which 60% were self-made. Yang Huiyan was the richest woman in China.

The 122 entrepreneurs on the list are inherited wealth, accounting for 4% of the list, and the industry is dominated by real estate and traditional manufacturing. Among them, Taiwan and Hong Kong accounted for 60%, Taiwan 41, Hong Kong 28, followed by Guangdong 9, Zhejiang 8, Shanghai 7. Hurun said: "96% of China's current list of entrepreneurs are first-generation entrepreneurs, and only more than 100 people are successors, of which Taiwan and Hong Kong account for the majority. Lee Kum Kee's Lee Choi Mei Ling family is the only one on our 100 rich list with a wealth of 120 billion. Wealth inheritance is a topic that many Chinese entrepreneurs have been paying a lot of attention to recently, and I predict that within 20 years, we will have more than 10 trillion yuan of wealth from the entrepreneurs on the list that will be passed on to the next generation. ”

Entrepreneurs who have died in the past year: Lynch, 39, Zuo Hui, 50, Ofe, Yangtze River Pharmaceutical, 77, and Li Wenda, 92, of Lee Kum Kee.

Rabbits have performed best for ten consecutive years, with the most rabbits among entrepreneurs on the list; dragons and snakes remain second and third. Rats still perform the worst, and this year's cattle of this year also performed poorly, second to last. Hurun said: "Although there are the most rabbits, the top three are Zhong Shui, who belongs to the horse, Zhang Yiming and Ma Huateng, who belongs to the pig. ”

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