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People's Daily Online>>China Business

Hurun launches Global Rich List, 5 Chinese listed


08:57, March 07, 2012

BEIJING, March 6 (Xinhua) -- Eighty-three individuals worldwide with personal fortunes totaling 10 billion U.S. dollars or more have been listed on the Hurun Global Rich List 2012, which was released Tuesday in Beijing.

Carlos Slim, 73, tops the list with a personal fortune of 55 billion U.S. dollars, according to the report launched by the Shanghai-based Hurun Research Institute, which is known for its annual China Rich List.

According to Hurun's first global rich list, Bill Gates, 57, ranks as the world's second-richest individual with a 50-billion-U.S.-dollar fortune, and Warren Buffet, 82, comes in third with 48 billion U.S. dollars.

The 83 multibillionaires have a staggering combined wealth of 1.5 trillion U.S. dollars, an amount equivalent to the total national debt of the UK, said the report, with the wealth calculations as a snapshot of Feb. 24, 2012.

"While the U.S. and Europe still boast the lion's share of the Ten Billion Dollar Club, with 27 and 17 members, respectively, Russia, South America and the emerging giants of China and India are snapping at their heels," said Rupert Hoogewerf, chairman and chief researcher of the Hurun Report.

China has five people on the list, including four from Hong Kong and one from the Chinese mainland. Li Ka-Shing, 84, shares the 13th spot on the list with four others, making him the richest Chinese individual on the list with a personal fortune of 24 billion U.S. dollars.

Chinese beverage magnate Zong Qinghou of soft drink maker Wahaha,China's largest beverage producer, ranks 78th with a personal fortune of 10.5 billion U.S. dollars.

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