News

Actions

China's list of richest people released

Money
Posted at 4:53 PM, Oct 12, 2017
and last updated 2017-10-12 16:53:00-04

(WTXL) - China's list of the richest people in the world released finding that 36% of the world's billionaires come from China.

On the top, 59-year-old Xu Jiayin, a Chinese real estate developer with a fortune of $43 billion dollars.

Alibaba's jack ma fell down one spot to third place after his wealth dropped 2 percent to $30 billion dollars.

The biggest jump was seen by one of the youngest on the list: 34-year-old Zhang Yimingi who founded news aggregator app Toutiao. He jumped up 1350 percent and is now China's 88th richest person.