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In 2018, the number of rich people in China fell by 11%

In 2018, the number of richest people in China has declined in record numbers in the past 20 years. According to Hurun magazine, 1893 people were added to the list of the richest Chinese, which is 11% less (237 people) less than in 2017.
In total, 456 people dropped out of the list of the richest people in China, which was the maximum for two decades. At the same time, 219 new faces appeared in it.
Founder of Alibaba Group Jack Ma is recognized as the richest Chinese. His fortune is estimated at 39 billion dollars, which is 35% more than last year.
In total, China has 620 dollar billionaires. This is 27 less than in 2017, but twice as many as five years ago, and six times more than 10 years ago.
Twenty years ago, there was not a single dollar billionaire in China. Women took 28.7% of the total number of the richest people in China, which is the highest figure in recent years.