Top 10 China's richest people in 2023

In the current year, Chinese billionaires have experienced a significant decrease in their combined wealth, plunging to $1.67 trillion. This notable downturn stands in stark contrast to the previous year's total of $1.96 trillion and represents a substantial decline from the impressive $2.5 trillion reported on the 2021 list.

Below is the compilation of the 10 billionaires in China, derived from the Forbes list of the Chinese 100 Richest. The values are presented in USD and are grounded in Forbes magazine's annual assessment of wealth and assets in 2023:

1.  Zhong Shanshan: The Chinese businessman and founder of Nongfu Spring, a bottled water company, is the richest person in China with a net worth of $60.1 billion.

2.  Zhang Yiming: The Chinese internet entrepreneur and founder of ByteDance, the parent company of TikTok, is the second richest person in China with a net worth of $43.4 billion.

3.  Colin Huang: The Chinese businessman and founder of Pinduoduo, an e-commerce platform, is the third richest person in China with a net worth of $36.2 billion.

4.  Ma Huateng: The Chinese internet entrepreneur and founder of Tencent, a multinational conglomerate, is the fourth richest person in China with a net worth of $32.1 billion.

5.  William Ding: The Chinese internet entrepreneur and founder of NetEase, a technology company, is the fifth richest person in China with a net worth of $32 billion.

6.  Robin Zeng: The Chinese businessman and founder of Contemporary Amperex Technology, a battery manufacturer, is the sixth richest person in China with a net worth of $25.8 billion.

7.  Jack Ma: The Chinese businessman and co-founder of Alibaba Group, a multinational conglomerate, is the seventh richest person in China with a net worth of $25.1 billion.

8.  He Xiang jian: The Chinese businessman and co-founder of Midea Group, a home appliances manufacturer, is the eighth richest person in China with a net worth of $21.2 billion.

9.  Wang Chuanfu: The Chinese businessman and founder of BYD Company, a battery and electric vehicle manufacturer, is the ninth richest person in China with a net worth of $17.6 billion.

10.  Eric Li: The Chinese businessman and founder of Chengwei Capital, a private equity firm, is the tenth richest person in China with a net worth of $15.3 billion.