Top 10 Richest Man in China- Meet Ten Wealthiest Persons in China

China is the only country in the world that seems to challenge the US dominance in the world monetarily. It is the manufacturing capital of the world. This is the reason why there are many multi-billionaires in China. Recently, Forbes released the list of China’s top billionaires. The list has many interesting names including the founder of TikTok’s parent company.

Despite economic slowdown throughout the world, the Chinese economy is still thriving. Mainland China has the second most billionaires in the world. In today’s post, we are discussing who are the top 10 richest men in China in 2023.

List of 10 Richest Men in China in 2023

RankNameNet Worth
1Zhong Shanshan$62.7 Billion
2Zhang Yiming$39.1 Billion
3Colin Zheng Huang$35.1 Billion
4Ma Huateng$34.9 Billion
5William Lei Ding$32.2 Billion
6Jack Ma$25 Billion
7He Xiangjian$22.9 Billion
8Wang Chuanfu$18.3 Billion
9Qin Yinglin$15.8 Billion
10Wang Wei$15.1 Billion

Details of 10 Richest Person in China

1. Zhong Shanshan

Zhong Shanshan
Full NameZhong Shanshang
Known ForFounder and Chairman of the Nongfu Spring. Owner of Beijing Wantai Biological Pharmacy Enterprise
BirthplaceHangzhou, China
Net Worth$62.7 Billion

Zhong Shanshan is by far the wealthiest person in China. As of 2023, his net worth is more than $62 billion. Zhong has had an inspirational journey. Before entering into Business, he was a journalist working at a modest salary. After moving to Hainan, he sold prawns, mushrooms, and turtles. check Top 20 CEOs in the World

His fortune changed when he founded the bottled water company called Nongfu Spring. He quickly jumped up the ladder of success. In 2020, Nongfu Spring issued its Initial Public Offering (IPO) significantly increasing the net worth of Zhong Shanshan.

2. Zhang Yiming

Zhang Yiming
Full NameZhang Yiming
ProfessionInternet Entrepreneur, and Philanthropist
Date of BirthApril 1, 1983
Known ForFounder and leader of ByteDace, Creator of Douyin/ TikTok
BirthplaceLongyan, Fujian, China
Net Worth$39.1 Billion

Zhang Yiming is one of the most talked-about personalities from China. He is also one of the richest people in the country with a net worth of more than $39.1 Billion. He is the founder of many iconic companies including TikTok formerly known as Before starting his entrepreneurial journey, Yiming used to work for Microsoft. was the first company of Zhang Yiming.

3. Colin Zheng Huang

Colin Zheng Huang
Full NameColin Zheng Huang
ProfessionBusinessman, investor, philanthropist, and software engineer
Date of BirthJanuary 1, 1980
Known ForFounder of Google China
BirthplaceZhejiang, China
Net Worth$35.1 Billion

Colin Zheng Huang is the man who is credited for expanding Google services in China. However, he is most famous for founding e-commerce company “Pinduoduo”. It is the largest the e-commerce platform in China for agricultural products. He is also an investor with his investments in various other companies. As per Bloomberg, Huang donated $100 million to Starry Night Charitable Trust. check Mark Zuckerberg Net Worth

4. Ma Huateng

Ma Huateng
Full NameMa Huateng
ProfessionBusiness Executive
Date of BirthOctober 29, 1971
Known ForCo-Founder and CEO of Tencent
BirthplaceOctober 29, 1971
Net Worth$34.9 Billion

Ma Huateng is not only one of the wealthiest but also one of the most influential people in China. He is the CEO and Co-founder of Tencent. Tencent is the company that developed many popular apps including WeChat. In 2015, Forbes Credited Ma Huateng as one of the most powerful persons in the world.  According to reports, Huateng owns prime properties in Hong Kong.

5. William Lei Ding

William Lei Ding
Full NameDing Lei
Date of BirthOctober 1st 1971
Known ForFounder and CEO of NetEase
BirthplaceNingbo, Zhejiang, China
Net Worth$32.2 Billion

Ding Lei also known as William Ding is a Chinese billionaire known for founding NetEase. He has been one of the richest people in China since the last decades. He was the country’s first internet and gaming billionaire. As per experts, Ding Lei played an important role in shaping China’s Internet industry. Check Satya Nadella Net Worth

6. Jack Ma

Jack Ma
Full NameJack Ma Yun
ProfessionBusinessman, Investor, Philanthropist
Date of BirthSeptember 10, 1964
Known ForCo-Founder of Alibaba Group
BirthplaceHangzhou, Zhejiang, China
Net Worth$25 Billion

The co-founder of Alibaba Group, Jack Ma is in the 6th position on our list of richest persons in China in 2023. He is a business champion as well as a philanthropist. Apart from Alibaba, Jack Ma is also associated with other companies like Yunfeng Capital. Known for his dynamic personality, Ma is one of the most influential business figures in the world.

7. He Xiangjian

He Xiangjian
Full NameHe Xiangjian
Date of BirthOctober 5, 1942
Known ForCo-Founder of Midea
BirthplaceShunde, Foshan, Guangdong
Net Worth$22.9 Billion

The co-founder of Midea, He Xiangjian is one of the top businessmen in China. He started Midea as a lid production company in 1968 in Beijiao, Guangdong. Xiangjjian is also a famous art collector. He founded the He Art Museum, which is one of the few privately funded non-profit museums in China.    

8. Wang Chuanfu

Wang Chuanfu
Full NameWang Chuanfu
ProfessionChemist, and Businessman
Date of BirthApril 8, 1966
Known ForFounder and CEO of BYD Company
BirthplaceWuwei County, Anhui, China
Net Worth$18.3 Billion

Wang Chuanfu is the founder and chairman of BYD Company Limited. It is a top company that focuses on manufacturing electrical vehicles and renewable energy solutions. Chuanfu started his career as a government-funded researcher before founding BYD Company in 1995. In the last few years, the wealth of Wang Chuanfu doubled due to a massive increase in BYD’s share price. check Jensen Huang Net Worth

9. Qin Yinglin

Qin Yinglin
Full NameQin Yinglin
Age68 Years
Known ForFounder and Chairperson of Muyuan Foodstuff
BirthplaceNeixiang County, Nanyang, Henan, China
Net Worth$15.8 Billion

Qin Yinglin is a billionaire and the chairman of Muyuan Foodstuff Co., Ltd. It is one of the largest pig breeding companies in China. Qin proved to the world that you can still be rich while associated with farming. He has taken animal husbandry to the next level at the same time following an innovative approach in business.

10. Wang Wei

Wang Wei
Full NameWang Wei
Age52 Years
Known ForFounder of S.F. Holding
BirthplaceShenzhen, China
Net Worth$15.1 Billion

Wang Wei is a self-made billionaire who has transformed the world of package delivery. He is the chairperson of S.F. Holding. The company is known for its delivery brand SF Express. Through his leadership, SF Holding has become a dominant force in China’s express delivery market, offering efficient and reliable services to millions of customers.

Frequently Asked Questions

Who is the richest man in China? 

As per the latest data, the richest man in China is Zhong Shanshan, founder of Nongfu Spring.

What is the net worth of the richest man in China?

The net worth of Zhong Shanshan is $62.7 Billion.

Who is the richest woman in China?

Wu Yajun.

Are these billionaires involved in philanthropy?

Yes, most of the billionaires listed in this article are involved in Philanthropy.

Is Jack Ma still one of the top 10 richest persons in China?

Yes, as per the latest Forbes report, he is the 6th richest person in China. 

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