Forbes Asia - November 2016

1.Wang Jianlin

$33 BILLION S

SOURCE: E-COMMERCE

AGE: 62. MARRIED, 1 CHILD

RESIDENCE: BEIJING

China’s richest man for 3 out

of the past 4 years. Wang is

taking steps to build out his

Dalian Wanda entertainment

and real estate empire. In

a mid-October visit to Los

Angeles Wang announced he

would ofer a 40% production

rebate for movies and TV

shows that shoot at his new

megastudio in Qingdao.

This follows Wang’s January

purchase of L.A. production

firm Legendary Entertainment

and his 2012 acquisition of

U.S. movie-house chain AMC

Theatres. Wang, who spent

his youth in the military, made

his initial fortune in real estate.

His Dalian Wanda Commercial

Property is the country’s

largest commercial real estate developer; it delisted from the Hong Kong exchange in September and

may relist on a mainland exchange. In May he launched theme park Wanda City in Nanchang and has

plans for 15 theme parks in China and 5 overseas.

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city’s third-tallest building.

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JUSTIN CHIN/BLOOMBERG

3. Ma Huateng
   $24.5 BILLION S
   SOURCE: TENCENT
   AGE: 45. MARRIED
   RESIDENCE: SHENZHEN
   The Tencent chairman, also known as Pony Ma, is a
   low-key engineer who has led the Internet-focused
   company to become China’s most valuable public
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   billion. His wealth has soared in line with a roughly
   45% rise in Tencent’s Hong Kong-traded shares
   in the past year, driven by innovative services like
   mobile-texting app WeChat (used by 800 million
   people), which also works as a mobile wallet and
   social network, all the while keeping its core online
   gamers happy. Ma transferred about 100 million
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   foundation in April; because the Hong Kong Stock
   Exchange still lists them in his name, FORBES ASIA
   has not yet deducted the shares from his net worth.


4. Jack Ma
   $28.2 BILLION S
   SOURCE: ALIBABA
   AGE: 52. MARRIED, 1 CHILD
   RESIDENCE: HANGZHOU
   Though dogged by criticism that his
   e-commerce firm Alibaba Group doesn’t
   do enough to limit the sale of fakes, Ma is
   leading Alibaba to ever higher sales. His
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   of business transactions were conducted on
   Alibaba’s retail platforms in the fiscal year
   through March. The company set a goal of
   creating 10 million profitable businesses and
   100 million jobs in the next 20 years. Beyond
   e-commerce, in October Alibaba’s film unit
   forged an alliance with Steven Spielberg’s
   Amblin Partners, giving a potential boost to
   a struggling efort so far in the entertainment
   industry.


5. Wang Wei
   $18.5 BILLION S
   SOURCE: DELIVERY SERVICE
   AGE: 45.
   RESIDENCE: SHENZHEN
   Wang chairs S.F. Express, the “FedEx of
   China,” whose parent firm, S.F. Holdings Group,
   has received Chinese regulatory approval to
   be acquired by a listed company. Under a plan
   proposed in July, Maanshan Dingtai Rare Earth
   & New Materials will issue new shares and
   acquire S.F. Holdings Group in a transaction
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   anticipation of the deal, pushing up Wang’s
   net worth. S.F. Express delivers all over China
   and to at least 45 other countries and had
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6. William Ding
   $15.2 BILLION S
   SOURCE: ONLINE GAMES
   AGE: 44.
   RESIDENCE: GUANGZHOU
   A combination of homegrown and licensed
   mobile-game hits are winning ever more users
   for Ding’s Nasdaq-listed firm NetEase. Analysts
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   Ding from the No. 10 ranking last year.
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   spinning of its online news operation into a
   separate U.S. listing.


7. Wang Wenyin
   $13.8 BILLION S
   SOURCE: COPPER PRODUCTS
   AGE: 48.
   RESIDENCE: SHENZHEN
   Wang is chairman of cable and copper supplier
   Amer International. He owns an estimated
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   billion in 2015 from the previous year. The
   company established Amer Semiconductor
   Group in 2011. Last year it created a business
   to make traditional sculpture and statues using
   marble from its mines.

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