There has been a big rise in the number of billionaires in China, with a developer who bought one of the biggest US cinema chains being named the country’s wealthiest tycoon.
Chinese people worth at least $1B has risen by 64 to 315 this year thanks to a surge in stock prices, according to , which follows China’s wealthy.
The top five on the rich list saw their wealth dou⛄ble, Hurun s♎aid.
Property developer Wang Jianlin is the richest man in China an꧅d is in charge of Dalian Wan😼da Group, a company that operates hotels, cinemas and department stores.
He has a fortune of $22B ahead of last year’s top billionaire, beverage entrepreneur Zong Qinghou, who came in second with $18.7B.
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