China has overtaken the US as home to the most dollar billionaires, according to the latest Hurun Rich List, with real estate tycoon Wang Jianlin overtaking Alibaba founder Jack Ma as the mainland’s wealthiest person.
Mr Wang also overtook Hong Kong tycoon Li Ka-shing as the richest person in Greater China. Hurun values Mr Wang, 61, at $34.4bn, up 52 per cent from a year earlier, versus $32.7bn for Mr Li and $22.7bn for Mr Ma. Mr Wang topped the mainland list in 2013 but lost the title to Mr Ma last year.
China added 242 dollar billionaires in 2015, bringing its total to 596, against 537 in the US, according to the annual ranking of China’s wealthy. If Hong Kong, Macau and Taiwan are included, the Greater China total reaches 715.
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