Hurun Global Rich List 2017 Puts Wang Jianlin Tops in China, While Wang Wei Overtakes Li Ka-shing
Yicai Global
/SOURCE : Yicai
Hurun Global Rich List 2017 Puts Wang Jianlin Tops in China, While Wang Wei Overtakes Li Ka-shing

(Yicai Global) March 8 -- The lately-released Hurun Global Rich List 2017 shows China ranking first in the world in number of billionaires with 609 -- 41 more than last year. Among them, the founder of the courier firm SF Express (Group) Co. [SHE:002352] Wang Wei, whose paper worth soared after the firm's stock price surged after it debuted on the stock market, overtook Hong Kong property developer Li Ka-shing to become the third richest person in Greater China.

The 46-year-old Wang Wei saw his wealth skyrocket five-fold since SF Express's February listing, ranking 25th globally and third in Greater China with USD27 billion (CNY186 billion). Wang founded SF Express in 1993.

The Hurun Global Rich List shows that 63-year-old Wang Jianlin and his family clung on to first place in Greater China, and ranked 19th globally with CNY205 billion, two places higher than a year earlier. Fifty-three-year old Jack Ma and his family ranked second in Greater China and 20th globally at CNY200 billion, 16 places higher than a year earlier.

The technology sector remains the major source of wealth for the world's richest billionaires for the fourth consecutive year, followed by manufacturing and investment. The real estate industry slipped to fourth place. Express deliveries and retail sales grew the fastest. The Hurun List shows that "the rise of e-commerce has led to the courier industry's rapid development".

On the Hurun Global Rich List 2017 released by Hurun Research Institute on March 7, the 61-year-old Bill Gates clung on to the world's first with CNY560 billion, Warren Buffett ranked second, 53-year-old Amazon founder Jeff Bezos leaped to third, and Facebook founder Mark Zuckerberg first entered the top five.

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