Re­port: Chi­nese may top world’s rich list by 2020

China Daily (Canada) - - NEWS CAPSULE -

Wealthy Chi­nese may top the world’s rich list by 2020, ac­cord­ing to the lat­est Hu­run Rich List.

The re­port says that ac­cord­ing to its an­nual rank­ing of China’s wealthy, China has seen the fastest growth in the past 10 years.

Ru­pert Hoogew­erf, a Bri­tish busi­ness­man and founder of the Hu­run Rich List, pre­dicts the rich­est per­son in China will also be­come the world’s rich­est by 2020. He pre­dicts that Jack Ma, founder and CEO of China’s e-com­merce gi­ant Alibaba will over­take Wang Jian­lin, the prop­erty ty­coon, as the wealth­i­est per­son on the Chi­nese main­land.

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