Rp594tn Wealth Makes Jack Ma as the Richest Person in China

Translator

Editor

Kamis, 1 Januari 1970 07:00 WIB

Jack Ma, the executive chairman of Alibaba Group, gestures to the audience during the closing ceremony for the 18th Asian Games in Jakarta, Sept. 2, 2018. AP

TEMPO.CO, Beijing - The wealth that reaches 270 billion RMB or around Rp594 trillion, makes the CEO Alibaba Group, Jack Ma and his family, as the richest people in China throughout 2018.


The Hurun China Rich List said that the wealth of the founder of the giant e-commerce, Alibaba, defeated the wealth of CEO Evergrande Xu Jianyin who lost 40 billion RMB to 250 billion RMB. The CEO Tencent Ma Huateng was ranked third with a wealth of 240 billion RMB.


The fourth rank is occupied by the richest woman in China who served as Country Garden’s Deputy CEO, Yang Huiyan, with the wealth of 150 billion RMB, as reported by CRI, the official Chinese government radio on Thursday, October 11.


The wealth of the founder and CEO Xiaomi Lei Jun and CEO Amer International Group Wang Wenyin each reached 110 billion RMB, ranked 10th.


Read also: Being Generous is Not Only about Money: Jack Ma


The e-commerce, a financial service technology, and the Internet service industry, proved to be a sector that dominates the value of wealth in China because the three richest people are the pioneers and actors in the sector.


The three business actors of property in China, Xu Jiayin, Yang Huiyan, and CEO Dalian Wanda Group Wang Jianlin, only listed in the top 10.


The richest people in China are from 32 to 76 years old. Yan Hao who is in the board of directors of Pacific Construction Group is the youngest, while the founder of Media Group He Xiangjian is the oldest.


ANTARA



Related News

Bird Flu Found in Western China as US Combats Cattle Outbreak

15 jam lalu

Bird Flu Found in Western China as US Combats Cattle Outbreak

Cases of bird flu have been confirmed among wildfowl in western China, the agriculture ministry said on Saturday, May 18.

Read More

Philippines to Vigorously Defend Territory, President Says

22 jam lalu

Philippines to Vigorously Defend Territory, President Says

China claims almost all of the South China Sea, a conduit for $3 trillion in annual ship-borne trade, including parts claimed by the Philippines.

Read More

5 Major China-Indonesia Projects in Jokowi's Era

2 hari lalu

5 Major China-Indonesia Projects in Jokowi's Era

China and Indonesia's economic partnership is progressively deepening and entering a golden age under the leadership of Indonesian President Jokoqi.

Read More

Indonesia, China Discuss Collaboration Plan on Research Center Development

3 hari lalu

Indonesia, China Discuss Collaboration Plan on Research Center Development

Indonesian Minister Airlangga Hartarto and Chinese Ambassador to Indonesia Lu Kang met to discuss trade and investment cooperation.

Read More

ESDM Official Responds to Criticism Towards Nickel Downstreaming

7 hari lalu

ESDM Official Responds to Criticism Towards Nickel Downstreaming

ESDM Ministry Staff claimed that Indonesia does not specifically aligned to China.

Read More

Economist Slams Jokowi on Mining Permits for Foreign Investors; Warns of Separatist Movement Possibility

12 hari lalu

Economist Slams Jokowi on Mining Permits for Foreign Investors; Warns of Separatist Movement Possibility

Faisal Basri slammed President Joko Widodo or Jokowi's regime for granting mining permits to foreign investors.

Read More

China Launches Historic Mission to Retrieve Samples from Far Side of the Moon

15 hari lalu

China Launches Historic Mission to Retrieve Samples from Far Side of the Moon

China on Friday, May 3, launched an uncrewed spacecraft on a nearly two-month mission to retrieve rocks and soil from the far side of the moon.

Read More

Philippines Accuses China of Damaging its Vessel in Disputed South China Sea Shoal

18 hari lalu

Philippines Accuses China of Damaging its Vessel in Disputed South China Sea Shoal

The Philippines on Tuesday accuses China's coast guard of harassing and damaging one of its boats in a disputed area of the South China Sea.

Read More

Philippines Denies Deal with China over Disputed South China Sea Shoal

21 hari lalu

Philippines Denies Deal with China over Disputed South China Sea Shoal

The Philippines denies a Chinese claim that the two countries had reached an agreement over an escalating maritime dispute in the South China Sea.

Read More

Top 10 Fish-Producing Countries in the World

26 hari lalu

Top 10 Fish-Producing Countries in the World

List of the 10 largest fish producing countries in the world. The latest data and interesting facts are presented in a short summary.

Read More