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As China’s stock market goes, so goes its billionaire population. And last year was not a good year for many Chinese stocks. As a result, the number of mainland Chinese billionaires on Forbes’ World’s Billionaires list fell for the third consecutive year. A total of 406 Chinese billionaires made the ranking, down from 495 a year ago and a record 626 in 2021. Continued fallout from the pandemic and geopolitical tension drove down stock prices and hurt economic growth in the world’s second largest economy. A deepening slump in the country’s property market also diminished fortunes.<br/><br/>Still, mainland China has the second largest number of billionaires globally, behind only the U.S., which has 813 billionaires this year.<br/><br/>Mainland China doesn’t include passport holders from Hong Kong or Macau, whom Forbes lists separately. Counting those billionaires, greater China has 473 members, down from 562 in 2023, 607 in 2022 and 698 in 2021.<br/><br/>The Forbes World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from March 8, 2024. Some people become richer or poorer within days of publication. We list individuals rather than multigenerational families who share fortunes, though we include wealth belonging to a billionaire’s spouse and children in certain cases, namely if that person is the founder of the fortune. For Russian billionaires, fortunes were calculated using ownership structures from February 2022, prior to Russia’s invasion of Ukraine and before many made transfers of assets to managers, friends and others in an effort to protect their holdings from sanctions. We value a variety of assets, including private companies, real estate, art and more. We don’t pretend to know each billionaire’s private balance sheet (though some provide it). When documentation isn’t supplied or available, we discount fortunes. For daily updates of net worths, go to forbes.com/real-time-billionaires.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/russellflannery/2024/04/02/the-10-richest-chinese-billionaires-2024/?sh=7eb8b36d6b40<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneu
How China's Richest Billionaires Made Their Money In 2024
⏲ 3:36 👁 11M
Thomas Invest
Simon Property Group Stock - SPG stock analysis | REITs to buy now | Dividend investing
⏲ 10 minutes 49 seconds 👁 356
Thomas Invest
SPG STOCK ANALYSIS | Simon Property Group Stock | REIT TO BUY NOW?
⏲ 11 minutes 57 seconds 👁 75
In today's Insider Daily Business Briefing: Stephen and Laurence discuss the latest 42 Under 42s, including Harry Potter's Emma Watson, Insider event shortlists and the week ahead on the London Stock Exchange.<br/><br/>Leeds property story - https://www.insidermedia.com/news/yorkshire/45-storey-tower-plans-secure-approval <br/><br/>42 Under 42s - https://www.insidermedia.com/news/south-west/south-west-2024-42-under-42-first-half-revealed
Insider Business Briefing: 15th April 2024
⏲ 4:2 👁 345K
CNBC Television
Simon Property is a 'buy': Morgan Stanley's Ronald Kamdem
⏲ 4 minutes 22 seconds 👁 2K
CNBC Television
Three-Stock Lunch: Simon Property, Paccar Inc, and Kroger
⏲ 3 minutes 38 seconds 👁 2.1K
Everything Money
Examining the REIT Stock - Simon Property Group ($SPG)
⏲ 13 minutes 35 seconds 👁 5.9K
Global Value
Is Simon Property Group Stock a Buy Now!? | Simon Property Group (SPG) Stock Analysis! |
⏲ 13 minutes 3 seconds 👁 758
Zain Investing
AMC STOCK UPDAT3: Billionaire Pulte Shakes Up AMC
⏲ 6 minutes 33 seconds 👁 52
Common Sense Investing
10 Canadian Microcap Stocks You Need to Know
⏲ 47 minutes 57 seconds 👁 153
MyWallSt
2 Stocks With 100X Potential As An Investor | Chris Mayer
⏲ 5 minutes 18 seconds 👁 4K
Danny Cheek
Stock Market Crash of 2008
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