Post-80s generation rich list announced for 2016

Updated: 2016-11-01 13:42


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Post-80s generation rich list announced for 2016

Wang Qicheng, founder and president of Hakim Unique.[Photo/IC]

Hakim Unique's Wang Qicheng and Wu Yan couple, with a fortune of 24.5 billion yuan ($3.62 billion), have become the richest post-80s self-made billionaires, according to a new report.

The Post-80s Generation Rich List 2016 was released by Hurun Report for the first time, which includes the Post-80s Generation Self-Made Billionaires and the Post-80s Generation Inherited Billionaires.

Chinese drone maker SZ DJI Technology Co Ltd's founder Wang Tao, 36, with a fortune of 24 billion yuan came in second place.

Cheng Wei, 33, founder and CEO of Didi Chuxing, and Zhang Bangxin, 36, chairman and CEO of TAL Education Group, tied for third place with a fortune of 13 billion yuan.

A total of 68 post-80s entrepreneurs, including 22 self-made billionaires, made it onto the Hurun Rich List 2016 with a fortune of over 2 billion yuan, 12 more than last year.

Mobvista's Duan Wei, 30, was the youngest post-80s self-made billionaire, followed by Shao Heng, 31, chairman of Zhejiang Century Huatong Group Co Ltd, and Zhang Xuhao, 31, founder of the online food-delivery service company, according to the report.

Founders of photo app maker Meitu and online cosmetics retailer Jumei both made it onto the list this year. However, Jumei's founder Chen Ou was the worst performer, whose fortune shrank 64 percent to 2 billion yuan, mainly due to the negative effects of privatization.

The Post-80s Generation Inherited Billionaires list showed that 13 inheritors saw their personal fortune over 5 billion yuan. The average age was 33, one year younger than that of the self-made billionaires list.

Wang Sicong, son of Dalian Wanda Group chairman Wang Jianlin and Wu Qun, son of Wu Guangming, chairman of Yuwell-Jiangsu Yuyue Medical Equipment & Supply Co Ltd, both 28, are the youngest inherited billionaires.