Forbes Asia - November 2016

VCG VIA GETTY IMAGES

10. Yao Zhenhua
    $9.5 BILLION Ì
    SOURCE: DIVERSIFIED
    AGE: 46.
    RESIDENCE: SHENZHEN
    Newcomer built fortune in finance and real
    estate. (See p. 68.)


11. Zhang Zhidong
    $9.1 BILLION S
    SOURCE: INTERNET MEDIA
    AGE: 44.
    RESIDENCE: SHENZHEN
    Zhang Zhidong is also known as Tony Zhang. His
    "+.01!ƫ(%)! ƫĸăċāƫ%((%+Čƫ 1 !ƫ0+ƫƫąĆŌƫ.%/!ƫ%*ƫ
    shares of Tencent, the Internet giant where he was
    chief technology oicer for 16 years until he retired n


12. He owns an estimated 3% stake.


13. Yu Huijiao
    $7.5 BILLION Ì
    SOURCE: DELIVERY SERVICE
    AGE: 50. MARRIED
    RESIDENCE: SHANGHAI
    Yu chairs delivery service YTO Express. (See p. 72.)


14. Zong Qinghou
    $7.4 BILLION S
    SOURCE: BEVERAGES
    AGE: Ĉāċƫ
    
     Čƫāƫ 
    RESIDENCE: HANGZHOU
    Zong chairs Hangzhou Wahaha Group, a leading
    producer of beverages, including bottled water,
    0 !Čƫ&1%!ƫ ƫ)%('ƫ .%'/Čƫ3%0$ƫ/(!/ƫ+"ƫĸĈċąƫ%((%+ƫ
    in 2015. The private company is headquartered
    in Hangzhou. Amid tepid growth in the beverage
    % 1/0.5Čƫ+#Ě/ƫ"+.01!ƫ%/ƫĸāĀĀƫ)%((%+ƫ$%#$!.ƫ0$ƫ
    last year. He topped the list in 2010 and 2012.


15. Yang Huiyan
    $7 BILLION S
    SOURCE: REAL ESTATE
    AGE: 35. MARRIED
    RESIDENCE: FOSHAN
    Yang, the youngest on China’s rich list, has owned
    55% of real estate developer Country Garden
    Holdings since her father, Yeung Kwok Keung,
    0./"!..! ƫ$%/ƫ/0'!ƫ0+ƫ$!.ƫ%ƫĂĀĀĈċƫƫ
    ƫ.%/!ƫ%ƫ
    Country Garden’s share price lifted her fortune from
    ĸĆċāƫ%((%+ƫƫ 5 !.ƫ#+ċƫ ƫ
     1 .5ƫ0$!ƫ+), 5 ƫ
    announced plans with a partner to build a “green
    city” on 4 man-made islands in southern Malaysia.
    12. Lei Jun
    $8.4 BILLION T
    SOURCE: SMARTPHONES
    AGE: 46. MARRIED, 2 CHILDREN
    RESIDENCE: BEIJING
    Serial entrepreneur and FORBES ASIA’s Businessman of the Year in 2014 has struggled lately. Xiaomi,
    the once high-flying smartphone maker he cofounded, ranked fifth among the world’s top mobile-
    phone makers last year. It has since been bumped out of the top ranks, according to IDC Research, by
    2 domestic rivals, OPPO and Vivo. Xiaomi, which saw smartphone sales fall 38% in China in the second
    quarter of 2016, is countering in part with plans to open 300 stores over the next few years. Lei owns
    ĂĆŌƫ+"ƫ0$!ƫ,.%2 0 !ƫ+), 5 Čƫ3$%$ƫ 3 /ƫ 2 (1! ƫ 5 ƫ% 2 !/0+./ƫ 0 ƫĸąĆƫ%((%+ƫ%ƫĂĀāąĎƫƫ
    
    ƫ$/ƫ
    (+3!.! ƫ+1.ƫ!/0%) 0 !ƫ+"ƫ0$!ƫ+), 5 Ě/ƫ 2 (1!ƫ0+ƫĸăĀƫ%((%+Čƫ" 0 !.ƫ/,!'%#ƫ0+ƫ,!+,(!ƫ")%(%.ƫ3%0$ƫ
    Xiaomi. Lei also has stakes in software firm Kingsoft and social-gaming company YY.
    16. Liu

Qiangdong

$6.8 BILLION T

SOURCE: E-COMMERCE

AGE: 42. MARRIED

RESIDENCE: BEIJING

Also known as Richard Liu, the founder of China’s

second most popular e-commerce site, JD.com,

$/ƫ/1û!.! ƫƫĸāƫ%((%+*ƫ .+,ƫ%*ƫ$%/ƫ"+.01*!ƫ%*ƫ0$!ƫ

past year as he stresses speed and reliability and

costs rise. (See story, p. 60.)

SUP TDOWN WXUNCHANGED ÌNEW TO LIST 3 RETURNEE

17. Zhou Qunfei
    $6.75 BILLION S
    SOURCE: ELECTRONICS
    AGE: 46. MARRIED
    RESIDENCE: CHANGSHA
    Zhou made a splash as one of the planet’s richest
    self-made women following the March 2015 public
    ofering of Lens Technology, which makes glass
    covers for mobile phones and tablets. Zhou, who
    grew up poor in rural China, is the founder, CEO and
    biggest shareholder, with an 81% stake. Customers
    include Apple and Samsung. Despite a slowdown
    in the global smartphone market, Lens shares are
    higher than a year ago, pushing up Zhou’s fortune.

SINCE OUR FIRST EXPANSION ABROAD IN 1940,

WE HAVE BECOME THE INTERNATIONAL REFERENCE

IN PRIVATE BANKING.