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    Thu, May 23, 2013, 7:31 AM SGT - Singapore Markets open in 1 hr 29 mins

    China's Richest Lawmakers

    By Rajeshni Naidu-Ghelani

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    1. CNBC logo Fri, Mar 23, 2012 4:00 PM SGT

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    • China’s Richest Lawmakers
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    1. China's stupendous economic growth over the past decade has led to an increase in its billionaire population, with many of the richest in the country belonging to the political elite.


      China's National People's Congress (NPC), its highest legislative body, has 2,987 deputies elected from the ruling Communist Party and some of them are the wealthiest businesspeople in the world.

      The 75 richest members have an average net worth of $1.2 billion. In

      ... more 

      China's stupendous economic growth over the past decade has led to an increase in its billionaire population, with many of the richest in the country belonging to the political elite.


      China's National People's Congress (NPC), its highest legislative body, has 2,987 deputies elected from the ruling Communist Party and some of them are the wealthiest businesspeople in the world.

      The 75 richest members have an average net worth of $1.2 billion. In comparison, the median net worth of U.S. Congress members is less than $1 million, according to a report in the The New York Times late last year. Also, the average net worth of these 75 richest NPC members is $284 million more than the average wealth of China's 1,000 richest people.

      The vast wealth of these congress members comes largely from booming sectors like real estate, consumer goods, mining and agriculture.

      We've put together a list of the 10 richest members of the NPC based on the Hurun Report, which began its annual China rich list 14 years ago. The individual fortunes listed are as of Aug. 15, 2011.

      Click ahead to find out who are China's wealthiest government officials. Click here to see the original slideshow from CNBC.com.

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