Shanghai Pudong City | Leading Financial Centre in Asia
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more



2024 / 2025 Summits in Hong Kong & Singapore
Institutional Investor Summit / Roundtable - March / Oct / Nov
Investment / Alternatives Summit - March / Oct / Nov
Investment Day - March / July / Sept / Oct / Nov
Private Wealth Summit - April / Oct / Nov
Family Office Summit - April / Oct / Nov
View Events | Register


This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $30 billion.










Hurun China Rich List 2021: 1185 Billionaires in China, Rabbits are Best Performers

29th October 2021 | Hong Kong

The Hurun Research Institute releases the Hurun China Rich List 2021, with 1,185 billionaires in China and 2,918 individuals with wealth of CNY 2 billion or more ($310 million).  Only 4% or 122 individuals inherited their wealth and for the 1st time, real estate did not have a single entrepreneur in the Top 10.  Shanghai was the fastest growing cities and those born in the year of the Rabbit continues to be the best performers, for an unprecedented 10 years in a row.  Key findings below:

“ Hurun China Rich List 2021: 1185 Billionaires in China “

 



- Article continues below -



Sign Up
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)


The 2024 Investment Day
17th Oct Hong Kong | 7th Nov Singapore
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place on 17th Oct 2024 in Hong Kong, 7th Nov 2024 in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here


The 2024 Family Office Summit
17th Oct Hong Kong St Regis | 7th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2024 Family Office Summit | Register here


2024/2025 Institutional Investor Summit / Roundtable
March / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Senior investment team from Sovereign Wealth Funds, Pension Funds, Endowments, Foundations & Charities in Hong Kong, Singapore & Asia-Pacific at the 2024 Institutional Investor Summit / Roundtable.   Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here


2024/2025 Investment / Alternatives Summit
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here


2024/2025 Private Wealth Summit
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit.  Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here





Hurun China Rich List 2021

Shanghai Pudong City | Leading Financial Centre in Asia
Hurun China Rich List 2021 Key Findings:
  • 2,918 individuals with wealth of CNY 2 billion or more ($310 million)
  • There are 1,185 billionaires in China
  • China added almost one dollar billionaire a day in 2020
  • Total wealth in China rose 24% to $5.3 trillion, 6 times that of 10 years ago
  • For the first time, real estate did not have a single entrepreneur in the Top 10
  • Evergrande’s Xu Jiayin, who topped the list in 2017, fell to 70th from 5th in 2021 with US$11.3 billion
  • Home tutoring provider Zhang Bangxin of TAL Education was down 94%, losing $14 billion, to $890 million
  • Shanghai was the fastest-growing city, adding 78 in the year to 294
  • Only 4% or 122 individuals inherited their wealth.
  • The Hurun Rich List includes Hong Kong, Taiwan and Macao, resulting in 197 making the list for the first time.
  • Those born in the Year of the Rabbit continue to be the best performers, for an unprecedented 10 years in a row.
  • Dragons and Snakes were second and third. Rats were still the worst performers, and this year’s Ox were second to last.

 

The China Top 10 Richest:

  1. Zhong Shanshan (Age 67, Bottled Water)- $60.6 billion
  2. Zhang Yiming (Age 38, ByteDance, Tiktok) – $52.8 billion
  3. Zeng Yuqun (Age 53, CATL Car Battery) – $47.4 billion
  4. Pony Ma (Age 50, Tencent) – $49.2 billion
  5. Jack Ma (Age 57, Alibaba) – $39.6 billion
  6. Huang Zheng (Age 41, Pinduoduo) – $35.6 billion
  7. Wei Jianjun & Han Xuejuan (Age 57 & 55, Great Wall Motor) – $33.9 billion
  8. Li Ka-Shing & family (Age 93, Cheung Kong) – $33.4 billion
  9. He Xiangjian & family (Age 79, Appliance Maker Midea) – $33.1 billion
  10. Wang Wei (Age 51, SF Express) – $30 billion

 

The Hurun Research Institute released the Hurun China Rich List 2021, in association with premium baijiu brand Hengchang Shaofang.  The Hurun Rich List includes Hong Kong, Taiwan and Macao, resulting in 197 making the list for the first time.

 

Rupert Hoogewerf, Hurun Report Chairman and Chief Researcher:

“A boom in new energy entrepreneurs, sparked by carbon reduction targets, as well as a spate of new listings of tech-related companies drove this year’s Hurun China Rich List to records heights, adding more than 20%, both in terms of number of individuals and also total wealth. Another factor was adding in entrepreneurs from HK, Macao and Taiwan for the first time, however, with only 200, this was not a significant factor.

100 times in 20 years. Twenty years ago, we could only find 19 individuals with US$300mn, but over the last 20 years, this has grown over 100x to almost 3,000, showing the growth of the Chinese economy. Based on this trajectory, expect the Hurun China Rich List to grow to as many as 5,000 within ten years. At the billionaire level, it is a similar story: Back in 1999, there were none, with the first wave of 100 coming through in 2007, before breaking through the 500-mark in 2015 and since Covid, almost doubling to 1185 known billionaires today, 50% more than the US, which has just under 700 known billionaires. At this rate, expect China to have 2,000 known billionaires by 2030.

Half of this year’s list are new faces compared with five years ago, showing the dynamism of China’s private sector. New sectors and business models are changing the landscape of the list. 20 years ago the top 10 was led by agriculture, then 10 years ago it was real estate. Five years ago it was the second wave of internet platforms, whilst today it is new energy.”

 

Billionaires:




Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.

Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more.  List hard-to-find financial & private wealth services.

Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at [email protected] or [email protected]

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?



Quick Links


2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM


For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

Register Below

For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Sign Up / Register


    Investment ProfessionalAdvisorProfessional InvestorFinancial ProfessionalManagementOthers


    $20 million to $100 million AUM$100 million to $300 million AUM$300 million to $1 billion AUM$1 billion to $10 billion AUM$10 billion to $100 billion AUMMore than $100 billion AUM


    Mailing List / Free TrialMonthly SubscriptionYearly SubscriptionMembershipEvents


    2024 Investment Day Hong Kong 17th Oct2024 Investment Day Singapore 7th Nov2024 Family Office Summit Hong Kong 17th Oct2024 Family Office Summit Singapore 7th Nov2025 Events












    Web links may be disabled on mobile for security.
    Please click on desktop.









    Caproasia Users

    • Manage $20 million to $3 billion of assets
    • Invest $3 million to $300 million
    • Advise institutions, billionaires, UHNWs & HNWs

    Caproasia Platforms | 11,000 Investors & Advisors

    Monthly Roundtable & Networking

    Family Office Programs

    The 2024 Investment Day

    • March 2024 - Hong Kong
    • March 2024 - Singapore
    • July 2024 - Hong Kong
    • July 2024 - Singapore
    • Sept 2024 - Hong Kong
    • Sept 2024 - Singapore
    • Oct 2024 - Hong Kong
    • Nov 2024 - Singapore
    • Visit: The Investment Day | Register: Click here

    Caproasia Summits

    Contact Us

    For Enquiries, Membership
    [email protected], [email protected]

    For Listing, Subscription
    [email protected], [email protected]

    For Press Release, send to:
    [email protected]

    For Events & Webinars
    [email protected]

    For Media Kit, Advertising, Sponsorships, Partnerships
    [email protected]

    For Research, Data, Surveys, Reports
    [email protected]

    For General Enquiries
    [email protected]




    Caproasia | Driving the future of Asia
    a financial information technology co.
    since 2014



    RELATED ARTICLESMORE FROM AUTHOR