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  • neoland neoland Sep 12, 2013 9:22 AM Flag

    China's ultra-rich population is booming - continued

    In third place is 42-year-old Ma Huateng, co-founder of Tencent Holdings, the country's largest internet company by revenue. The youngest to make the top 10 list, Ma's personal fortune grew to $10.1 billion thanks to the 65 percent rise in Tencent's shares over the past year.

    (Read more: Chinese look abroad to preserve wealth: Report)

    Interestingly, a sizable portion of China's billionaires have ties to the ruling political party, the report showed.
    Of the 1,000 individuals on the rich list, 153 were appointed to the 12th National People's Congress or Chinese People's Political Consultative Conference.

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