Business News

Tech billionaires dominate China’s rich list. Some pig farmers also had a good year

Tech billionaires dominate China’s rich list. Some pig farmers also had a good year

China’s wealth is becoming increasingly concentrated in the hands of tech entrepreneurs, although some pharmaceutical moguls and pig farmers are breaking into the ranks of the super rich. There were fewer millionaires and billionaires on the Hurun Report’s rich list for a second year in a row, but their average wealth increased as China’s shift…