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The Forbes list of 100 richest mainland Chinese is out. In aggregate, the numbers are significantly bigger than in 2012 – 44%, in fact. The top 100 are worth $316.5 billion, or on average $3.16 billion each. The new money emperor is Wang Jianlin, the Chairman of Dalian Wanda Group, a real estate conglomerate. He is worth $14.1 billion. He eclipses China’s beverage tycoon Zong Qinghou, who headed last year’s list. The key themes for top wealth are real estate, internet/IT, and automobiles. Of the leading 25 names, close to half are in either real estate (seven) or internet (five). Another key theme? Despite the volatile times, the rich as a class continue to get richer. In a capitalist’s world, together with death, gravity and the speed of light, that seems an immutable law.
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