How many dollar billionaires appear in China every week? What are the statistics in Ukraine?

If we look at the list of the richest people in China in recent years, it becomes clear that the Chinese economy is moving away from sectors such as real estate and manufacturing to financial technology, e-commerce and other emerging technologies.

Why are 5 new dollar billionaires appearing in China every week?

Jack Ma ranks first place among the richest people in China. He is known as the founder of Alibaba. He remains the country’s richest man for the third consecutive year.

Jack Ma’s personal fortune has jumped by almost 50 percent. This is due to the upcoming IPO of the fintech giant Ant Group. Ant is expected to be able to increase the number of wealthy people in the near future with the world’s largest IPO. It is planned to raise more than $ 35 billion on the Shanghai and Hong Kong stock exchanges.

Incredibly, more wealth has been created in China this year than in the past five years. The country’s wealthy have become richer by $ 1.5 trillion. It is half of Britain’s GDP. It is impressive. All of the stock markets are skyrocketing. There are new waves of listing (securities) every week. Five more people in China become dollar billionaires every week as a result.

Only the wealthy in the United States have large aggregate wealth under to PwC and UBS. If you count the money of all Chinese people (they have more than two billion yuan), that amount is as much as $ 4 trillion. It is even more than the GDP of Germany, one of the richest countries in the world. Such rapid economic growth in China’s economy has led to capital market reforms. It hastened economic restructuring during the virus.

The rich in Ukraine

Our wealthy people cannot compete with the wealth of the Chinese. Only eight people have a fortune in excess of one billion dollars. You are well aware of these people. They are among the top ten Forbs. These are Rinat Akhmetov, Victor Pinchuk, Petro Poroshenko, Alexander Gerega and others.

Among the 100 people included in the Forbes rating, only those with more than $ 95 million. If you count the total wealth of all the wealthy in the TOP 100, it will be about $ 31 billion. The amount is incomparable with similar figures in China.
If you analyze the statistics on the Ukrainian rich, you can find positive signals. For example, there are 9 businessmen on the list who earn money in the IT industry. Rinat Akhmetov’s fortune has decreased six times since 2013. This suggests the oligarchs’ monopoly on business gradually decreases over time, and many new players appear who create high-quality competition.