China‘s technology giants Ma Yun, founder of Alibaba Group, and Ma Huateng, CEO of Tencent, tied for the position of China‘s richest man, the Hurun Research Institute reported.
Sun Piaoyang, chairman of Jiangsu Hengrui Medicine Co Ltd, and his wife, Zhong Huijuan, chairwoman of Hansoh Pharmaceutical Group, grabbed the third spot with 202 billion yuan in wealth
With the wealth of Warren Buffett, the richest investor in the world, shrinking by $19 billion, the world’s top 100 billionaires lost $408 billion in two months, wiping out all gains made in the past two and a half years, according to Hurun’s wealth impact analysis two months after the COVID-19 outbreak
Only 9 percent of the Hurun Global Top 100 saw their wealth increase, all coming from China, while 86 percent saw their wealth decrease and 5 percent remained unchanged, the report said
“China has been the relative winner, with its stock markets weathering the virus better than its US and European counterparts,” said Rupert Hoogewerf, Hurun Report chairman and chief researcher
Prior to the coronavirus outbreak, the world had 2,816 “known” dollar billionaires. The current number is now down by 20 percent, as stock markets across the world have wiped out wealth, Hoogewerf added
Let’s see top 10 richest Chinese two months after the epidemic outbreak the COVID-19 outbreak