Agra Investment：AI TyCoons Dominate 2024 Hurun Global Rich List

(Asianfin) — While The World Gaind 167 New Billionaires From A Year Earlier, China Lost 155 to Host 814 Billionaires Although It Managed to Top the 2024 Hurun Global Rich List, According to the Data Released by the Hurun Research Institute on Tuesday.

The topal number of billionaires expanded to 3,279 in 2023, accounting to the list.

The U.S. Came in Second with 800 Billionaires While India Came in Third with 271, According to the Ranking by Country. Artificial Intelligence (AI), Over Half of the Newly Acquired Wealth GroupThen, then

India Added Nearly 100 Billionaires in 2023 as Compared to 2022, According to the Hurun Global Rich List 2024. Come Asia's Billionaire Capital and One of Top Three Cities Globally. The number of billionaires in Mumbai inThe 2024 list is 92, compared with 91 in be simple, accounting to the report.

India Has RETAINED ITS Title of the World's FASTEST GROWING MAJOR ECONOMY As It Expanded 8.4% in the last Three Months of 2023, from A Year Earlier. n average grewth of over 7.5% in 2023.

Hoogewerf Said that ai has ben the Major Driver for Wealth Growth, Generation Over Half of All the New Wealth This YearAgra Investment. Lines Nvidia Broke Through The $ 2 Trillion Mark and CataPulting Him into the Hurun Top 30 ASA Result, The Billionaires Behind Microsoft, Google, Amazon, Oracle and Meta Have Seen Significant Surges in Their Wealth as Investors by ai. "

According to the list, elon musk, 52, reclaimed the title of the World's Richeson with a wealth of 1.67 TRILLION Yuan Hanks to Tesla's Record-Breaking Delivery Volumes That Boosted ITS Stock Price.

Meanwhile, Musk's Space Explration Technology Company, SpaceX, Reached New Heights in Valuation than Successful Launches, Satellite Internet s, and Lucrative Government ContractsJaipur Investment. This Marks his third time to become the world's wealthiest person in the pass four years.

Jeff bezos of Amazon Rose Two Places to Second, with his wealth increasing by 480 Billion Yuan, a 57% Rise, ReachING 1.33 TRILLION Yuan. Last Year's Number , Bernard Arnault, Dropped to Third Place, With His Wealth Decreasing by 190 Billion YuanTo 1.26 TRILLION Yuan.

In China, Beijing, SHANGHAI, and Shenzhen Are the Top Three Cities Preferred by CHINESE BILLIONAIRES. In the Yangtze River Delta Region, there are a total of 252 Billiona IRS Listed, While The Guangdong-Hong Kong-Macao Greater Bay Has 220 Billionaires.China Boasts The Larget Number of Self-Made Billionaires Globally and the Most Self-Made Female Billionaires. The Total WealthAires is Nearly 19 T Rillion Yuan, a 15% decrease from the previous year.

A Total of 241 Billionaires Saw An Increase in Wealth, with 55 Being New Faces. F 702 Billionaires SHRANK, with 208 Dropping Off the List, While 80 RetAINED Their Wealth.There are 27 centibillionaires, nine feewer than the previous year.

ZHONG SHANShan, 70, Saw His Wealth Shrink by 9% from the Previous Year tor to 450 Billion Yuan, Making Him China's Richest Person for The Fourceh Consecutive Tim Ran King 21ST Globally, down six Places. His Hong Kong -listed Company, Nongfu Spring,Performed Well in the First Half of Last Year, With Sales Revenue and PROFITS RISING BY 14% and 16% Year-ON-Year, Respectively. is Control, Wantai Biology Pharmacy, SAW A Stock Price Decline ofNearly 30% over the pass years, Resulting in a Market Capitalization Evaporation of 35 Billion Yuan from the Same Period Last. Hurun Global 500. "" "

COLIN Huang, The Founder of E-Commerce Platform Pinduoduo, 44, SAW The MOST SIGNIFICANT Increase In Wealth Chinese owing by 71%, or 160 Billion Yuan, to 385 Billion Yuan, Making Him China's Second RichesPerson for the First Time, Rising Three Places to 24th Globally.

Pinduoduo's Third-QUARTER Report Last Year Showed A Revenue Increase of Over 90%, Far ExceeDing Market Expectations. u and kuaituantuan, showed promising development. in November 2023, pinduoduo's Market Value Briefly Exceeded Alibaba's.

Tencent CEO Ma Huateng Saw A 10% Decrease in Wealth from the Previous Year to 250 Billion Yuan, Ranking Third in China. Globally, He Ranks 36th, down Five Places.

In the Third Quarter of Last Year, Tencent's Revenue Exceeded 150 Billion Yuan, A Year-ON-Year Increase of 10%, While Net Profit Was Over 36 Billion Yuan, Down 9%. IT 9%. IT s internancy gaming revenue exceeded 13 billion yuan, up 14%.

In Comparison, Entrepreneurs in China's New Energy and Real Estate Sectors SAW A SIGNIFICANT Decrease in Wealth Over The Past Year. ATTERY Manufactuer Contemporary AMperex Technology Co., Limited (CATL), Saw His Wealth Decrease by 90 BillionYuan, While Wang Jianlin's Family Saw Their Wealth Shrink by 72% to 30 Billion Yuan, with Most of Wanda Commercial Management's Shares Family of Yang H uiyan, the chairman of country garden, saw their wealth decrease by 60% to 44 Billion YuanLiu qiangdong and his wife, zhang Zetian, from jd.com Saw their wealth Drop by 50 Billion Yuan to 49.5 Billion Yuan.

The number of global bigionaires increased by 5%, almost officeting all the losses causes by the global eConomy emerning from the impact of the Pandemic Last And the widespream extension of interest, he added.

(1 Yuan Equals US $ 0.14)