New crown epidemic in two months Hurun top 100 entrepreneurs lost wealth 2.6 trillion video conferencing platform wealth growth fastest

Sino-Singapore Online, April 6 (Li Jiajia, Miao Lu) Hurun Research Institute released the "Special Report on the Change of Global Entrepreneur Wealth Two Months After the Epidemic" released on the 6th. Only 9% of Hurun's top 100 entrepreneurs People's wealth has increased in the past two months, 86% of people have decreased in wealth, and 5% of people have remained unchanged.

Hurun Report Chairman and Chief Research Officer Hurun said: "In the past two months, the wealth of the world ’s top 100 entrepreneurs has decreased by 12.6%, or 2.6 trillion yuan (RMB, the same below), which has evaporated in the past two and a half years. The wealth created is equivalent to the loss of more than 400 million yuan per person per day. "

As of March 31, 2020, Photo courtesy of Hurun Research Institute of China's Top Ten Entrepreneurs

In the past two months, global stock markets have fallen sharply. The Dow Jones index has fallen by 21%, India, France, Germany and the United Kingdom have fallen by a quarter, Japan has fallen by 18%, Hong Kong stocks have fallen by 10%. It rose by 0.2%.

"China is a relative winner. The Chinese stock market is more resistant to the virus than the US and European stock markets. Before the outbreak of the new crown virus, we found 2816 billion-dollar entrepreneurs worldwide. Today, two months later, with the global stock market The wealth has evaporated and this number has dropped by 20% ", Hu Run added.

Only nine of Hurun ’s top 100 entrepreneurs have grown their wealth in the past two months, all from China. Hu Run said: "The virus has caused a surge in demand for medical device manufacturers worldwide. The" blockade "has also brought about the development of corporate video conferencing and online education for students. Surprisingly, Chinese pork producers are The top 100 also has two seats. "

Two of the top five entrepreneurs with the largest increase among the top 100 are Chinese pork producers: New Hope Liu Yonghao's wealth increased by 20% to 105 billion yuan; Qin Yinglin and his wife Qian Ying from Muyuan increased by 16% , Reaching 155 billion yuan.

Global demand for ventilators and other medical equipment has surged, and Mindray ’s Xu Hang wealth has increased by 26% to 95 billion yuan.

Yuan Zheng, a 50-year-old from video conferencing platform Zoom, has seen the fastest wealth growth in the past two months, up 77% to 56.5 billion yuan. Li Yongxin and his mother Lu Zhongfang, who started with civil servant examinations and started training in China Public Education, grew their wealth by 20% to 82 billion yuan, mainly driven by better-than-expected financial performance and online marketing during the outbreak of the new crown virus.

LVMH's Bernard Arnott's wealth has shrunk the most in the past two months, losing 200 billion yuan, equivalent to more than 3 billion yuan a day. Mukesh Ambani's wealth in Indian energy giant Reliance has shrunk by 129 billion yuan, equivalent to losing more than 2 billion yuan a day in the past two months.

Other wealth declines also include Lu Xingyao and Qian Zhiya of Ruixing Coffee. After the performance fraud broke, Ruixing Coffee's stock price fell 90% last week. Lu Zhengyao and Qian Zhiya's wealth were less than 1 billion US dollars; electric vehicle battery manufacturing In the era of Shang Ningde, Zeng Yuqun ’s wealth dropped by 24% to 74 billion yuan; Baidu ’s Li Yanhong and Ma Dongmin ’s wealth dropped by 22% to 59 billion yuan; Anta ’s Ding Shizhong wealth dropped by 20% to 29.5 billion yuan.

In the two months to March 31, China has added 6 of the top 100 global entrepreneurs, the country with the largest increase to date. India has lost 3 people and the US has lost 2 people. Among the top 100, there are 34 in the United States and 29 in China. Two months ago, there were 36 people in the United States and 23 people in China.

In the past two months, the top ten entrepreneurs in the world have lost a total of 1.4 trillion yuan. Walmart shareholders Alice Walton and Jim Walton are among the top ten. The three fell out of the top ten, Mukesh Ambani ’s wealth shrank by 129 billion yuan to 340 billion yuan; Mexico American Telecom ’s Carlos Slim Elou ’s wealth shrank by 110 billion yuan to 390 billion yuan ; Google's Larry Page's wealth shrank by 89 billion yuan to 380 billion yuan.

Two months ago, the wealth of four entrepreneurs exceeded the $ 100 billion mark. Now, only Jeff Bezos.

In the past two months, China's top ten entrepreneurs have lost a total of 289 billion yuan. For the first time, Ma Huateng became China's richest man, his wealth decreased by 7% in the past two months, the same as Ma Yun's 290 billion yuan, and Ma Yun's wealth decreased by 9% in the past two months. Sun Piaoyang and Zhong Huijuan of Hengrui Pharmaceutical and Hansen Pharmaceuticals surpassed Xu Jiayin and Li Ka-shing, ranking third with RMB 202.0 billion. SF Wangwei fell out of the top ten. (Finish)