{
  "id": 16853813,
  "title": "China's rich list: TikTok billionaire Zhang Yiming reclaims crown as mainland property tycoons disappear from top 100",
  "url": "https://urgent.news/2026/10/28/chinas-rich-list-tiktok-billionaire-zhang-yiming-reclaims-crown-as",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T04:50:03.000Z",
  "source": {
    "name": "VnExpress Business",
    "slug": "vnexpress-business",
    "url": "https://e.vnexpress.net/news/business/billionaires/china-s-rich-list-tiktok-billionaire-zhang-yiming-reclaims-crown-as-mainland-property-tycoons-disappear-from-top-100-5137723.html"
  },
  "original_language": "en",
  "account": "Zhang Yiming, the 43-year-old billionaire behind TikTok parent ByteDance, reclaimed the top spot on China's richest list after a 43% jump in his net worth to nearly $100 billion. His closest competitor, Zhong Shanshan, fell to second place with a 23% drop in his $61 billion fortune. The Hurun China Rich List, now in its 28th year, ranks entrepreneurs worth over 5 billion yuan, or $750 million, as of September 1. This year, 1,529 individuals made the list, with AI emerging as the dominant wealth driver. Among the top 10, five are AI-related, including Liang Wenfeng and Chen Tianshi, both 41-year-old AI start-up founders. For the first time ever, no mainland property developers remain in the top 100, as their wealth has significantly declined since property boomed a decade ago during China's urbanization push. Only Hong Kong's Li Ka Shing and his son Victor Li Tzar-kuoi, aged 98 and 62, respectively, are left in the top 10 with a combined net worth of $37.6 billion.",
  "summary": "Zhang Yiming, founder of TikTok's parent company ByteDance, has returned to the top of China’s wealth ranking as all mainland property developers have dropped out of the top 100.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Finextra",
        "title": "Crown Agents Bank provides wholesale FX solutions to China's YeePay",
        "url": "https://urgent.news/2026/10/27/crown-agents-bank-provides-wholesale-fx-solutions-to-chinas-yeepay",
        "published": "2026-10-27T12:17:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}