229 Chinese Billionaires, Including Real Estate Tycoons, Drop From Global Rich List

229 Chinese Billionaires, Including Real Estate Tycoons, Drop From Global Rich List
A logo of China's developer Country Garden Holdings on top of a building in Zhenjiang, in China's eastern Jiangsu Province, on Oct. 31, 2021. STR/AFP via Getty Images
Jessica Mao
Olivia Li
Updated:
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News Analysis

According to the Hurun Research Institute, 229 Chinese billionaires have fallen from this year’s global rich list, accounting for more than half of dropouts. The wealth of real estate tycoons dropped at an alarming rate, with more than 10 on last year’s list completely falling out of the ranking this year.

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