Radar Finance Text | Edited by Li Qian | Deep Sea On March 25, Hurun Research Institute released the "2024 Hurun Global Rich List". The deadline for wealth calculation is January 15, 2024. A total of 3,279 billion-dollar entrepreneurs from 73 countries and 2,435 companies attende

Radar Finance Text | Edited by Li Qian | Deep Sea

html On March 25, Hurun Research Institute released the "2024 Hurun Global Rich List", and the deadline for wealth calculation is January 15, 2024. A total of 3,279 billion-dollar entrepreneurs from 73 countries and 2,435 companies are on the list, up from 3,112 last year. The number of billionaire entrepreneurs increased by 5%, and total wealth increased by 9%. China has 814 billion-dollar entrepreneurs, ranking first in the world.

Musk became the world's richest man for the third time in four years, with a wealth of 1.67 trillion yuan, an increase of 530 billion yuan from last year, mainly due to the surge in Tesla's stock price.

Among the Chinese entrepreneurs on the list, Beijing, Shanghai and Shenzhen are the "three major" cities where billionaire entrepreneurs in China love to live. The average age is 60 years old, which is 6 years younger than the average age of the entire list. China has the largest number of self-made billion-dollar entrepreneurs in the world, and it also has the largest number of self-made female billion-dollar entrepreneurs in the world.

The total wealth of China's billion-dollar entrepreneurs is nearly 19 trillion yuan, a 15% decrease from last year. The wealth of 241 people increased compared with last year, including 55 new faces. The number of new faces ranks third in the world. The wealth of 702 people decreased compared with last year, and 208 of them failed to make the list. The wealth of the 80th position remains unchanged. There are 27 billionaire entrepreneurs, 9 fewer than last year.

The wealth of 70-year-old Zhong Suisui has shrunk by 9% compared with last year, and he has become the richest man in China for the fourth consecutive time with 450 billion yuan. Ranked 21st globally, down 6 places. Its Hong Kong-listed company Nongfu Spring performed outstandingly in the first half of last year, with sales revenue and profits rising 14% and 16% year-on-year. Another A-share listed company, Wantai Biotechnology, has seen its performance decline over the past year, with its stock price falling nearly 30% year-on-year, and the company's market value shrinking by 35 billion yuan compared with the same period last year. Nongfu Spring ranks 211th in the "2023 Hurun Global 500".

44-year-old Huang Zheng’s wealth increased by 71% compared with last year, or 160 billion yuan. He is the entrepreneur with the largest increase in wealth in China this year. He was promoted to second place in China for the first time with 385 billion yuan, rising three places. Ranked 24th globally, up 15 places. Pinduoduo’s third quarter report last year showed that its total revenue increased by more than 90% year-on-year, far exceeding market expectations. In addition, the overseas business temu and Kuai Tuan Tuan businesses are developing well. In November last year, Pinduoduo’s market value once exceeded Alibaba. Pinduoduo ranks 63rd in the "2023 Hurun Global 500".

53-year-old Ma Huateng’s wealth dropped by 10% from last year, ranking third in China with 250 billion yuan. Ranked 36th globally, down 5 places. In the third quarter of last year, Tencent’s revenue was more than 150 billion yuan, a year-on-year increase of 10%, and its net profit was more than 36 billion yuan, a decrease of 9%. Among them, the international market game revenue was more than 13 billion, an increase of 14%; the local game revenue was more than 32 billion, an increase of 5%; the social network revenue was nearly 30 billion, remaining stable. In the "2023 Hurun Global 500", Tencent ranked 17th.

The wealth of 41-year-old Zhang Yiming dropped by 8%, ranking fourth in China with 245 billion yuan. Ranked 40th globally, down 6 places. According to reports, ByteDance’s revenue last year was nearly 800 billion yuan, a year-on-year increase of 30%. In the "2023 Hurun Global 500", ByteDance ranked 43rd.

53-year-old Ding Lei’s wealth increased by 7%, ranking fifth in China with 210 billion yuan. Ranked 43rd globally, up 3 places. NetEase's net income last year was more than 100 billion, an increase of 7% from the previous year. Among them, NetEase's game business has grown steadily, with annual revenue exceeding 80 billion yuan. While sales revenue is growing, NetEase's investment in research and development last year hit a record high, reaching 16.5 billion yuan. In the "2023 Hurun Global 500", NetEase ranked 175th.

htmlThe wealth of 82-year-old He Xiangjian and his family increased by 4%, ranking sixth in China with 200 billion yuan. Ranked 46th in the world, the same as last year. Midea's total operating revenue in the first half of last year was nearly 200 billion yuan, with total revenue in the second quarter breaking the 100 billion mark for the first time. In the first half of last year, Midea's central air-conditioning continued to maintain its first place in the domestic market share, and its export scale accounted for more than 27%, ranking first in the industry. In the "2023 Hurun Global 500", Midea ranked 291st.

The wealth of Li Ka-shing and Li Zeju and his son dropped by 10%, ranking sixth in China with 200 billion yuan. Ranked 46th globally, down 7 places. In February this year, CK Hutchison announced the termination of its deal to establish a wholesale mobile and wholesale fixed-line communications services company in Italy. In addition, the second son Li Zekai ranks 217th in the world with a wealth of 72 billion yuan.

htmlThe 96-year-old Lee Shau Kee's wealth remains at 165 billion yuan, ranking eighth in China. Ranked 65th globally, down 6 places. In January this year, Henderson Land became a partner of the SAR Government Talent Service Office.

56-year-old Zeng Yuqun's wealth dropped by 34% from last year, ranking eighth in China with 165 billion yuan. Ranked 65th globally, down 28 places. CATL's current market value is 700 billion yuan, down nearly 400 billion yuan from the same period last year, but it is still the listed company with the largest market value on the GEM. The company's performance is impressive. Revenue in the first three quarters of last year was close to 300 billion yuan, a year-on-year increase of 40%, and net profit reached 32.5 billion yuan, an increase of 66%. In the "2023 Hurun Global 500", CATL ranks 98th.

61-year-old Li Shufu's wealth is the same as last year, ranking tenth in China with 160 billion yuan, rising two places. Ranked 74th globally, down 11 places. In the past year, although the stock price of Li Shufu's Hong Kong-listed company Geely Automobile has fallen, its operating income has maintained growth. In the first half of last year, the company's sales revenue was nearly 80 billion yuan. Volvo Cars also performed well, with global sales exceeding 700,000 units last year. In February this year, Li Shufu’s unicorn company Lotus was listed in the United States, with a current market value of 36 billion yuan.

It is worth noting that the Jack Ma family failed to enter the top ten, ranking 11th, with a net worth of 150 billion yuan, a 16% decrease from last year.

Entrepreneurs with the largest gains include: With the development of AI, 37-year-old Cai Haoyu of the game company MiHoYo, whose wealth increased by 210% to 67 billion yuan, and 39-year-old Chen Tianshi of the semiconductor company Cambrian, whose wealth increased by 120% to 16 billion yuan ; 75-year-old Lin Baili of Quanta Computer from Taiwan, whose wealth increased by 180% to 60.5 billion yuan; 60-year-old Zhang Liguo of facial mask company Fuerjia, whose wealth increased by 90% to 13.5 billion yuan.

Entrepreneurs with the largest declines in wealth include: 46-year-old Li Hua of financial technology company Futu Securities, which fell 69% to 22.5 billion yuan; Wang Zhenhua family of Xincheng Industrial and Ren Jinsheng family of Simcere Pharmaceuticals, both fell 67% to 7.2 billion Yuan.

There are three billionaire entrepreneurs in the automobile industry. Geely's Li Shufu's family has a wealth of 160 billion yuan, ranking first in the industry; followed by Wang Chuanfu of BYD and Wei Jianjun and Han Xuejuan of Great Wall Motors, both with a wealth of 110 billion yuan.

Wanda’s Wang Jianlin’s family wealth has shrunk by 72% to 30 billion yuan, and most of its shares in Wanda Commercial Management have been frozen; Country Garden’s Yang Huiyan’s family wealth has shrunk by 60% to 44 billion yuan.

The industry with the most losers is industrial products, including Jin Xin of Daikin Heavy Industries (wealth of 12 billion yuan last year) and Chen Yin of Greebo (wealth of 11 billion yuan last year); followed by real estate and medical health, the real estate industry includes Zhongang Yi Rubo (wealth of 21 billion yuan last year), Shi Guilu of Rongmin (wealth of 20 billion yuan last year); the medical and health industry includes Lu Jianming of Tongce Medical (wealth of 15 billion yuan last year), Hu Gengxi and Chen Yanni of Wowu Biotechnology (wealth of 20 billion yuan last year) Wealth 13 billion yuan last year).