Record Number of Chinese Among World's Richest Billionaires: Report

Beijing: China accounts for a record one-fifth of all billionaires in the world, rising from 17.6 per cent in 2014, according to US business magazine Forbes' China Rich List 2015. Each of the 370 Chinese billionaires have at least $1 billion in net assets and were led in the wealth stakes by 86-year-old Hong Kong magnate Li Ka-shing with an estimated $33.3 billion in assets. He is followed by fellow property tycoon Lee Shau-kee and ...