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As China’s stock market goes, so goes its billionaire population. And last year was not a good year for many Chinese stocks. As a result, the number of mainland Chinese billionaires on Forbes’ World’s Billionaires list fell for the third consecutive year. A total of 406 Chinese billionaires made the ranking, down from 495 a year ago and a record 626 in 2021. Continued fallout from the pandemic and geopolitical tension drove down stock prices and hurt economic growth in the world’s second largest economy. A deepening slump in the country’s property market also diminished fortunes.<br/><br/>Still, mainland China has the second largest number of billionaires globally, behind only the U.S., which has 813 billionaires this year.<br/><br/>Mainland China doesn’t include passport holders from Hong Kong or Macau, whom Forbes lists separately. Counting those billionaires, greater China has 473 members, down from 562 in 2023, 607 in 2022 and 698 in 2021.<br/><br/>The Forbes World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from March 8, 2024. Some people become richer or poorer within days of publication. We list individuals rather than multigenerational families who share fortunes, though we include wealth belonging to a billionaire’s spouse and children in certain cases, namely if that person is the founder of the fortune. For Russian billionaires, fortunes were calculated using ownership structures from February 2022, prior to Russia’s invasion of Ukraine and before many made transfers of assets to managers, friends and others in an effort to protect their holdings from sanctions. We value a variety of assets, including private companies, real estate, art and more. We don’t pretend to know each billionaire’s private balance sheet (though some provide it). When documentation isn’t supplied or available, we discount fortunes. For daily updates of net worths, go to forbes.com/real-time-billionaires.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/russellflannery/2024/04/02/the-10-richest-chinese-billionaires-2024/?sh=7eb8b36d6b40<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneu

How China's Richest Billionaires Made Their Money In 2024

⏲ 3:36 👁 4.5M

Gareth Soloway

Trading & Investing: CPI Hits, INTC Attacks NVDA, Fitch vs China, Stocks, Crypto, Gold #giveaway

⏲ 25 minutes 36 seconds 👁 1.2K

Stock Markets With Bruce

SOFI SHORT SELLERS BUY BACK 40M SHARES AS STOCK MOVES HIGHER BEFORE 1ST QTR EARNINGS RELEASE

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CGTN TV interview withJustin Urquhart-Stewart, Investment manager and business commentator

Why is Shell considering quitting the London stock market for the U.S.?

⏲ 3:34 👁 3.2M

The Financial Review

Warren Buffett explains the reasons for higher P E ratios

⏲ 3 minutes 17 seconds 👁 61.2K

Sachs Realty

Home Prices Will Drop by 50% - Says Harry S. Dent, JR, Best Selling Author and HBS Baker Scholar

⏲ 1 hour 1 minute 23 seconds 👁 76.3K

Millions of people in parts of north America were mesmerised by the total solar eclipse earlier this week. But it's not the only show the sun is putting on right now. Our sun is entering the solar maximum the period of greatest activity during its 11-year solar cycle, and it means more frequent Auroras.

Polar regions seeing an increase in Aurora activity

⏲ 1:36 👁 2.6M

Investor Center

Warren Buffett: How to Know if a Stock is Undervalued

⏲ 16 minutes 17 seconds 👁 105.5K

Cooper Academy

How To Tell When The Stock Market Is Overvalued

⏲ 11 minutes 55 seconds 👁 177.4K

As we head into the second quarter, there’s an argument in favor of buying Boeing stock. Why? As one expert says, ‘there’s nowhere else to get planes.’

It’s a Good Time to Buy Boeing Stock (But a Bad One to Fly on Its Planes)

⏲ 9:35 👁 2.4M

The Plain Bagel

How I Research Stocks - Step-by-Step Fundamental Analysis

⏲ 19 minutes 18 seconds 👁 231.6K

Let's Talk Money! with Joseph Hogue, CFA

What is P E Ratio? [and Why it SUCKS!]

⏲ 15 minutes 35 seconds 👁 13K

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