Unmasking the Family Fortunes of Jiang Zemin, Former Chinese Regime Leader

Jiang Zhicheng, grandson of notorious erstwhile Communist Party general secretary, may have embezzled hundreds of billions, according to exposé

Jiang Zemin, retired general secretary of the Chinese Communist Party, raises his hand at the 19th Party Congress on Oct. 24, 2017 in Beijing. Claims by self-exiled Chinese billionaire Guo Wengui and analysis of stock data suggest that the Jiang family may possess as much as $1 trillion in shadow assets. Lintao Zhang/Getty Images

Commentary

Who the wealthiest man in China is depends on who you ask. According to the 2019 Forbes list of billionaires, it’s either Ma Huateng of Tencent, Alibaba’s Jack Ma, or Hui Ka Yan of the Evergrande real estate group.