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