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☆ Mumbai overtakes Beijing to become Asia's billionaire capital for the first time
▼ + stars: | 2024-03-27 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +1 min

With 92 billionaires, Mumbai ranks third behind New York and London, but ahead of Beijing, and Shanghai. Tuul & Bruno Morandi | The Image Bank | Getty ImagesMove over, Beijing. Mumbai is now the Asian capital with the most number of billionaires, according to Hurun Research Institute's global rich list. In Asia, Mumbai — India's financial capital — moved ahead with 92 billionaires, according to Hurun. Following close behind are Beijing (91) and Shanghai (87).

Persons: Bruno Morandi, Topping, — Organizations: New, Tuul, Bank, Getty, Research, New York, London, Mumbai, Beijing, Shanghai, Shenzhen, Hong Kong, Moscow, New Delhi, San Francisco, Hurun Research, United States, India, United Kingdom, Germany, Russia, Italy, France Locations: Mumbai, New York, London, Beijing, Shanghai, Asia, China, U.S, India, Switzerland, Brazil

☆ Founder of discount e-shopping firm PDD races up China's rich list
▼ + stars: | 2023-10-24 | by ( Casey Hall | Thomson Reuters | Casey Has Reported On China'S Consumer Culture Her Base In Shanghai For More Than A Decade | ) www.reuters.com time to read: +3 min

Colin Huang, who founded PDD in 2015 and stepped down as CEO in 2020, was the fastest riser in this year's Hurun Rich List, leaping seven places to be ranked China's third richest man with a $37.2 billion fortune. Richard Liu, who founded e-commerce giant JD.com, also saw his wealth, and that of his wife Zhang Zetian, fall by $6.2 billion since last year to $8.26 billion, according to Hurun's list. JD.com's shares fell to a record low earlier this month after banks cut its price targets citing a weaker-than-expected recovery in consumer spending. Hui Ka Yan is currently being investigated over suspected "illegal crimes", Evergrande said last month. Reporting by Casey Hall; editing by Brenda Goh and Miral FahmyOur Standards: The Thomson Reuters Trust Principles.

Persons: Colin Huang, Yin Liqin, Rich, Jack Ma, Alibaba, Richard Liu, Zhang Zetian, Rupert Hoogewerf, PDD's Temu, Zhong Shanshan, Pony Ma, Hurun, Wang Jianlin, Hui Ka Yan, Evergrande, Casey Hall, Brenda Goh Organizations: Nasdaq, REUTERS, Rights, PDD Holdings, PDD, HK, Hurun, Dalian Wanda Group, China Evergrande, Thomson Locations: New York, Shanghai, China

☆ Wealth managers ramp up staff in Hong Kong to chase Chinese demand
▼ + stars: | 2023-03-24 | by ( Summer Zhen | ) www.reuters.com time to read: +4 min

HONG KONG, March 24 (Reuters) - Wealth management firms are expanding operations aggressively in Hong Kong to meet pent-up demand from rich Chinese individuals looking to invest more money overseas after three years of COVID-19 curbs, industry sources said. Noah Holdings (NOAH.N), the largest independent wealth management firm in China, was among five private banks and wealth management firms Reuters talked to that said they held client events in the city and organised private art tours. Hywin Holdings (HYW.O), another Chinese wealth manager, invited 30 ultra-high-net worth clients to workshops, fund manager visits and even a yacht party in Hong Kong last week. Chinese financial institutions are vying for this growing wealth management business in Hong Kong. Chinese Everbright Bank and Hua Xia Bank set up private banking departments in Hong Kong in the past few months, according to sources familiar with their plans.

☆ China's super rich population drops as tech crackdown, global factors hurt wealth
▼ + stars: | 2023-03-23 | by ( ) www.reuters.com time to read: +3 min

[1/3] Jack Ma, billionaire founder of Alibaba Group, arrives at the "Tech for Good" Summit in Paris, France May 15, 2019. China lost 229 billionaires from the Hurun Global Rich List 2023, accounting more than half of the 445 people who disappeared from the list, which ranks moguls with a minimum net worth of $1 billion, the Hurun Report said on Thursday. The world's second biggest economy also added 69 new billionaires to the list during the period. In China, Jack Ma, founder of China's e-commerce giant Alibaba Group Holding , dropped to 52nd place from 34th a year earlier, due largely to China's regulatory crackdown on its tech sector. "The only thing I am not certain of is whether there would be a global financial crisis," he said.

☆ Here are the 7 richest people in the world who haven’t signed the Giving Pledge—Jeff Bezos is No. 3
▼ + stars: | 2022-11-27 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +7 min

But Bezos, whose recent announcement followed years of criticism over his relative lack of philanthropic giving, isn't the only billionaire who hasn't signed the pledge. Arnault has not signed the Giving Pledge, nor has he commented on the pledge publicly. Jeff Bezos: $116 billion net worthBezos has donated more than $2.4 billion in his lifetime, according to a Forbes estimate. But the billionaire has skirted questions about the Giving Pledge for years, especially after his ex-wife, Scott, signed it shortly after their 2019 divorce. Sergey Brin: $84.9 billion net worthLike fellow Google co-founder Page, Sergey Brin has not signed the Giving Pledge.

☆ China’s Billionaires See Huge Losses as Economy, Markets Sputter
▼ + stars: | 2022-11-10 | by ( Dan Strumpf | ) www.wsj.com time to read: 1 min

HONG KONG—China’s richest saw the biggest drop in their collective wealth in decades over the past year, as the country’s stock markets plunged and the economy slowed, in large part due to Beijing’s zero-tolerance policy toward Covid-19. Both the Forbes and Hurun Rich List of China’s wealthiest people released this week showed a sharp drop in the fortunes of the country’s tycoons. Forbes on Thursday said China’s 100 richest saw their collective wealth decline by $573 billion since last year’s rankings, the biggest drop since the magazine began tracking the country’s wealthiest more than two decades ago.

☆ China's super-rich see fortunes plunge as economy slows
▼ + stars: | 2022-11-08 | by ( Brenda Goh | ) www.reuters.com time to read: +2 min

Nov 8 (Reuters) - China's super-rich saw their wealth tumble by the most in over two decades this year, as the Russia-Ukraine war, Beijing's zero-COVID measures and falling mainland and Hong Kong stock markets pummelled fortunes, an annual rich list said on Tuesday. The Hurun Rich list, which ranks China's wealthiest people with a minimum net worth of 5 billion yuan ($692 million), said only 1,305 people made the mark this year, down 11% from last year. "This year has seen the biggest fall in the Hurun China Rich List of the last 24 years," said Rupert Hoogewerf, chairman and chief researcher of research firm Hurun Report which compiles the list. The founder of TikTok owner ByteDance, Zhang Yiming, took second place, but saw his wealth fall 28% to $35 billion due to a drop in ByteDance's valuation. Tencent founder Pony Ma posted the second largest drop in wealth of $14.6 billion amid sliding tech stock prices, to take fifth place on the list.

☆ China's super-rich like Alibaba's Jack Ma see billions of dollars wiped from their fortunes as the economy slumps
▼ + stars: | 2022-11-08 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +3 min

China's super-wealthy have seen their fortunes tumble by the most in 24 years, per the Hurun Rich List. Alibaba founder Jack Ma's net worth dropped 29% to $25.7 billion, as tech bosses took a hit. His ranking on the rich list sank four places to ninth. Overall, the number of people with a net worth of $10 billion dropped by 29 to 56, while the number of dollar billionaires fell by 239 to 946. But Hoogewerf said that despite the declines, the rich list is still 50% bigger than five years ago.

☆ Alibaba’s Jack Ma and China’s super-rich see billions wiped off fortunes as economy slows
▼ + stars: | 2022-11-08 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

China’s super-rich saw their wealth tumble by the most in over two decades this year, as the Russia-Ukraine war, Beijing’s zero-Covid measures and falling mainland and Hong Kong stock markets pummeled fortunes, according to an annual rich list. Tencent founder Pony Ma posted the second largest drop in wealth amid sliding tech stock prices. The founder of TikTok owner ByteDance, Zhang Yiming, took second place, but saw his wealth fall 28% to $35 billion due to a drop in ByteDance’s valuation. Tencent (TCEHY) founder Pony Ma posted the second largest drop in wealth of $14.6 billion amid sliding tech stock prices, to take fifth place on the list. Alibaba (BABA) founder Jack Ma and his family tumbled four places to be ranked No.

☆ В Китае от отравления умер миллиардер Линь Ци — продюсер сериала для Netflix и разработчик стратегии по «Игре престолов»
▼ + stars: | 2020-12-29 | by ( ) nokta.md time to read: +3 min

Чуть позже полиция Шанхая сообщила, что Линь Ци был отравлен. Полицейские рассказали, что 17 декабря получили сообщение из больницы, куда с признаками возможного отравления госпитализировали Линь Ци. В рамках дела, предположительно, задержан глава отдела кинопроизводства компании Yoozoo Сюй Яо, сообщает пекинское издание Caixin, ссылаясь на слова неназванных источников в игровой индустрии. Линь Ци стал продюсером проекта наравне с шоуранерами сериала «Игра престолов» Дэвидом Бениоффом и Дэном Вайсом. Линь Ци занимал 870-е место в списке самых богатых предпринимателей Китая по версии Hurun Report.

Persons: Yoozoo, Линь Ци, Сюй, Сюй Яо, Лю Цысиня, Дэвид Бениофф, Дэн Вайс Organizations: Yoozoo, Netflix, Hollywood, BBC, CNN, Медуза, СМИ, Коммунистическая партия Locations: Китай, Шанхай, КНР

Lin Qi a fost o vedetă a pieței profitabile de jocuri. Vom fi împreună, vom continua să fim buni, vom continua să credem în bunătate și vom continua lupta împotriva a tot ce e rău”, arată comunicatul. Postarea a atras mii de comentarii în timp ce subiectul a fost văzut de mai mult de 290 de milioane de ori pe Weibo. Au existat speculații în presă că Lin a fost otrăvit cu un ceai pu’er, o băutură fermentată chinezească. Yoozoo a produs jocul de strategie Game of Thrones și a mai lucrat și la jocul Brawl Stars, alături de compania Tencent Holdings.

Persons: Lin, Lin Qi, Yoozoo, Yao, Liu Cixin, Barack Obama, Mark Zuckerberg Organizations: Tencent Holdings, Pictures, Facebook Locations: Shanghai, China

☆ Miliardarul care a produs jocul Game of Thrones a murit: El ar fi fost otrăvit cu un ceai
▼ + stars: | 2020-12-28 | by ( ) www.jurnal.md time to read: +2 min

Persons: Lin, Lin Qi, Yoozoo, Yao, Liu Cixin, Barack Obama, Mark Zuckerberg Organizations: Tencent Holdings, Pictures, Facebook Locations: Shanghai, China

☆ В какой стране проживает самое большое количество миллиардеров
▼ + stars: | 2020-12-11 | by ( Mld Media Srl | ) noi.md time to read: 1 min

В Китае, в том числе в Гонконге и Тайване, число миллиардеров достигло 799 человек, увеличившись за год на 182. Страной с самым большим числом миллиардеров является Китай. Аналитики подсчитали, что по состоянию на 31 января 2020 года в Китае, в том числе в Гонконге и Тайване, число миллиардеров достигло 799 человек, увеличившись за год на 182. В США количество миллиардеров составляет 626, рост за год составил 59 человек. В настоящее время в Китае больше миллиардеров, чем в США и Индии вместе взятых, сказал председатель и старший аналитик Hurun Report Руперт Хугеверф.

Persons: Руперт Хугеверф Locations: Китай, Гонконг, Тайвань, США, Индия

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