Report: China’s super rich got US$1.5t richer during pandemic | Malay Mail

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BEIJING, Oct 22 — China’s super wealthy have earned a record US$1.5 trillion (RM6.2 trillion) in 2020, more than the past five years combined, as e-commerce and gaming boomed during pandemic lockdowns, an annual rich list said Tuesday. An extra 257 people also joined the billionaires club in...

Jack Ma once again topped the list after his wealth surged a whopping 45 per cent to US$58.8 billion. — Reuters pic

The country now has a total of 878 billionaires. The US had 626 people in the top bracket at the start of the year, according to Hurun in its February global list. He was followed by Pony Ma , boss of gaming giant and WeChat owner Tencent who made an extra 50 per cent despite concerns about his firm’s US outlook after it was threatened with bans there over national security fears.

Wang Xing, founder of food delivery app Meituan, quadrupled his wealth and jumped 52 places to 13th in the list with US$25 billion, while Richard Liu, the founder of online shopping platform JD.com doubled his money pile to US$23.5 billion.

 

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COVID19 is a business for China !! Whole World got cheated and fucked By WHO !!

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