Chinese and American presidents are highly competitive in the list of the richest people in the world

KONTAN.CO.ID – Beijing. Although the epidemic has devastated the world economy, the number of rich people in China is growing. Quote Forbes On Tuesday (9/2), 14 rich people from China were on the list of the 50 richest people in the world. Nevertheless, the rich from the United States still dominate with a total of 21 people.

In November 2020, Forbes raised the total wealth of China’s 400 richest people to $ 2.11 trillion. The increase reached 64% due to the easing of capital market regulations and China’s economic recovery, which outperformed the world’s major economies.

To be on China’s rich list, a person must have $ 1.55 billion in assets. This is only $ 1 billion compared to the previous year.

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The rich who make up China’s wealth are faster and superior than the United States. This is reflected in the fact that at the beginning of November 2020, 400 Chinese billionaires reached US $ 820 billion more than the US $ 240 billion worth of American wealth acquired.

The competition is fierce with 68 newcomers on the list of richest Chinese. Meanwhile, there are only 18 billionaires in the United States.

At the time, Alibaba founder Jack Ma was raising his fortune by 72% to $ 65.6 billion. The biggest fortune comes from Alibaba’s financial business ant group.

Getting a company on the stock market or in an IPO is the main reason why Chinese billionaires come out rich. Also, doing business in the healthcare sector is a blessing.

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Nevertheless, Jeff Bezos was listed as the richest man in the world for three consecutive years. He gave his $ 36 billion stake in Amazon to his ex-wife, McKenzie Bezos, as part of a divorce settlement.

Today the Amazon founder is worth $ 193.2 billion. His fortune was supported by the increase in Amazon’s share in 2019. Giant E-commerce Attracted attention among the epidemics he managed. It employs more than 100,000 full-time and part-time workers to meet the growing demand for home stays and shopping. Realism.

In second place is Elon Musk with $ 186.5 billion in assets. Manufacturer of electric cars by Tesla. He is also actively investing in Bitcoin. Besides, Tesla is also the maker of the SpaceX rocket.

According to the richest man in China, Zhang Shanxhan has a net worth of $ 91.3 billion. He was listed as the sixth richest man in the world. He acquired this wealth from a bottle water company, Nongpoo Spring. The company landed on the stock exchange in Hong Kong in September 2020.

Meanwhile, the biggest winner of the dollar was Qin Yinglin, whose wealth increased to US $ 34.9 billion. He received treasures from the world’s largest pig farming business. He is the 39th richest person in the world. That fortune increased after Shenzhen-listed Muwan feeds nearly tripled as African swine flu reduced supplies and raised prices.

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A Credit Suisse report in 20219 shows that the number of rich people in China is higher than the number of rich Americans in the United States (USA) for the first time. Credit Suisse’s annual wealth survey found that 100 million Chinese make up the richest 10% of the world. Meanwhile, the number of rich Americans is quoted as being only 99 million people Defender Tuesday (9/2).

“Despite trade tensions between the United States and China over the past 12 months, both countries have made strong decisions in terms of wealth creation, contributing $ 3.8 trillion and $ 1.9 trillion, respectively,” Nanet Heckler-Foyt said. , Global leader in economics and research at Credit Suisse.

To become the richest man in the world, a person must have a personal savings of at least US $ 109,430. Although China has overtaken the United States at this level, it still excels at the richest, 40% of the world’s millionaires.

The number of dollar millionaires in the United States increased by 675,000 last year to 18.6 million. This means that one in 14 Americans is a millionaire. In China, there are 4.4 million millionaires, an increase of 158,000 in 2018, the report said. They make up 10% of the global population, with about 1.1 billion adults in China.