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Top 10 richest families in China

Moneyweek, a wealth management media organization, published a ranking of China's 3,000 richest families on July 21. This is the seventh time that it has come out with such a ranking.

Moneyweek said that Internet, health and consumption are three major areas where wealth is most likely to be generated.

Let's have a look at the top 10 wealthiest families.

No 10 Ding Lei's family

Ding Lei, the founder of Netease, an Internet technology company, owns 44.8 percent share in his company, which translates into a fortune of 28.47 billion yuan ($4.59 billion) for his family, according to calculations done by Moneyweek on July 4.

Ding Lei at the Netease Annual Economic Conference on Dec 16, 2013.

No 9 Yang Huiyan's family

Yang Huiyan, managing director of Country Garden, a property developer, is so low-key that few photos of her are available. She owns 57.78 percent share in Country Garden, which translates into a fortune of 29.52 billion yuan for her family, according to Moneyweek's calculation on July 4.

Yang Huiyan at her wedding ceremony in Foshan city, Guangdong province, at the end of 2006.

No 8 Wang Chuanfu's family

Wang Chuanfu, chairman of BYD, owns 24.24 percent share in BYD, a leading new energy vehicle maker in China, and this stake means a fortune of 30.88 billion yuan for his family, according to Moneyweek's calculation on July 5.

Wang Chuanfu, Chairman and President of BYD, speaks at a launch event for the BYD Tang during the 13th Beijing International Automotive Exhibition, also known as Auto China 2014, in Beijing, April 20 2014.

No 7 Xu Rongmao's family

Xu Rongmao owns 64.54 percent share in Hong Kong-listed Shimao Property Holdings Limited, which translates into a fortune of 33.76 billion yuan for his family, according to calculations done by Moneyweek on July 4.

Hui Wing Mau (Xu Rongmao), Chairman of Shimao Group, attends the BFA Overseas Chinese Business Roundtable during the Boao Forum for Asia Annual Conference 2013 in Qionghai city, south China's Hainan province, April 6, 2013.

No 6 Zhang Zhidong

Zhang has announced in March that he will quit his executive job in six months and turn to be a technology trainer but his 3.49 percent stake in Tencent still means a 34.52 billion yuan fortune for his family, according to Moneyweek's calculation on July 4.

Zhang Zhidong, co-founder of Tencent, at a press conference in Hong Kong, China, June 6, 2004.

No 5 He Xiangjian's family

He Xiangjian owns 36.66 percent stake in Midea Group, China's major home appliances maker, and holds a 14.22 percent share in Wuxi Little Swan Co Ltd, a washing machine maker, and owns 65.23 percent stake in Welling Holding Limited, which specializes in research and development and manufacturing of motors and its driving system.

These stakes translate into a fortune of 34.65 billion yuan, according to calculations done by Moneyweek on July 4.

He Xiangjian, founder and former chairman of Midea Group.

No 4 Guo Guangchang's family

Guo Guangchang, chairman of Fosun International Ltd, directly or indirectly holds stake in 11 listed companies and his fortune reached 41.03 billion yuan by July 4, according to Moneyweek.

Guo's investment is diversified, ranging from pharmaceutical, insurance, to banking.

Guo Guangchang, chairman of Fosun International Ltd, speaks at the 2nd Bund Global Financial Summit in Shanghai, July 4, 2014.

No 3 Liu Qiangdong's family

Capitalization of JD.com, China's No. 2 e-commerce platform, reached 233.95 billion yuan on July 4, which indicates that Liu Qiangdong, who holds a 20.68 percent stake in the company, has a fortune of 48.38 billion yuan.

Liu Qiangdong, CEO of JD.com, raises his arms to celebrate the IPO for his company at the Nasdaq MarketSite in New York, May 22, 2014.

No 2 Li Yanhong's family

Li Yanhong (also Robin Li) and his family members hold a 20.70 percent stake in Baidu, China's biggest search engine, which means a fortune of 85.38 billion yuan, double the last year's amount, according to Moneyweek's calculation on July 4.

Li Yanhong, founder and CEO of Baidu.

No 1 Ma Huateng

Advance Data Services Limited, which is fully owned by Ma Huateng, chairman and CEO of Tencent, holds a 10.20 percent stake in Tencent Holdings Limited, which turns out to be a fortune of 100.68 billion yuan, according to calculation done by Moneyweek on July 4.

Ma Huateng, chairman and CEO of Tencent.

文本来源：佛山英语培训 首选爱德华国际英语       

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