W Power 2024

China's 100 richest

Despite slowing growth, a stock market bubble that burst and a huge state debt, the wealth of China's richest has gone up by 20 percent

Published: Dec 2, 2015 07:00:35 AM IST
Updated: Dec 2, 2015 08:51:49 AM IST

In the past year, China has faced slowing growth, a stock market bubble that burst and the overhang of huge state debt, but the fortunes of its wealthiest still surged. The 100 richest people are worth a combined $450 billion, up 20 percent from 12 months ago. But there’s upheaval in the ranks: Our latest compilation includes 16 first-time members along with one returnee, meaning that close to one-fi fth of last year’s group didn’t make the cut this time. For our expanded list of China’s 400 richest, see www.forbes.com/china-billionaires/   

(This story appears in the 11 December, 2015 issue of Forbes India. To visit our Archives, click here.)

Post Your Comment
Required
Required, will not be published
All comments are moderated