Alibaba Chairman Jack¹ Ma and his family have been ranked No 1 on the Hurun China Rich List 2018, according to the latest version of the list.

 

2018胡润中国百富榜发布，阿里巴巴董事长马云及其家族位居榜首第一。

 

With 270 billion yuan ($39 billion) in wealth, Jack Ma's family became the richest in China, dethroning Evergrande Chairman Xu Jiayin, whose wealth fell 40 billion yuan to 250 billion yuan.

 

Tencent Chairman and CEO Ma Huateng, with 240 billion yuan in wealth, took the third spot on the list. The richest woman in China, Yang Huiyan, vice-chairwoman of Country Garden, grabbed fourth place with 150 billion yuan in personal wealth.

 

A great disparity of wealth remains² between the top three, whose total wealth reached 760 billion yuan, and the others on the top 10 list, who have a total wealth of 995 billion yuan but, respectively, less than 160 billion yuan in wealth each.

 

Newcomer Lei Jun, founder³ and CEO of Xiaomi, and returning Wang Wenyin, chairman of Amer International Group, and his family both shared 10th place with the same wealth of 110 billion yuan.

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