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Hurun releases list of China's post-1980s billionaires

Ecns.cn | Updated: 2016-11-01 15:46

The 2016 Hurun List of China's Richest People Born in the 1980s was released on Monday. It includes lists of self-made billionaires and billionaires with inherited wealth, based on statistics as of Aug. 15 this year.

The start-from-scratch list shows that the overwhelming majority of Chinese self-made billionaires of the post-80s generation are in the IT sector, with only two in the financial investment industry.

Husband-and-wife team Wang Qicheng and Wu Yan, founders of the Hakim Unique Group, are the richest self-made billionaires of the post-80s generation, with a worth of 24.5 billion yuan ($3.62 billion).

Wang Tao, founder of China's largest commercial drone manufacturer DJI Technology Co, takes a close second with a fortune of 24 billion yuan ($3.54 billion).

Other top-ranked self-made post-80s billionaires include founders of Didi Chuxing, TAL Education Group, Ele.me and Jumei International Holding.

As for those on the list with inherited wealth, the most widely watched are Yan Hao of China Pacific Construction, who takes first place with wealth of 100 billion yuan ($14.76 billion), and 28-year-old Wang Sicong, son of China's richest man Wang Jianlin, who ranks 11th with a fortune of 6 billion ($886 million).

This is the first time for the release of the Hurun List of China's Richest People Born in the 1980s. Hurun said that innovation, integration of resources and speed are the most important elements for post-1980s entrepreneurs.

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