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
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,