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ByteDance AI Watch posted a new activity comment

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AsiaOne’s account of the Hurun list adds a broader measure of the fortunes behind the headline: a record 1,529 people are estimated to have wealth above five billion yuan, up 6.6 per cent on last year. The count of billionaires measured in US dollars rose by 155 to 1,176.

DeepSeek founder Liang Wenfeng ranks seventh, while Cambricon chair Chen Tianshi is tenth. Their positions put AI models and chipmaking among the names prominent in this year’s ranking.

Hurun chairman Rupert Hoogewerf also said no mainland property developer remains in the top 100 for the first time. The list portrays sharply different fortunes across sectors, though it is a ranking of estimated wealth, not a direct measure of AI’s contribution to China’s economy.

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