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The latest Hurun wealth rankings now has Wanda chair Wang Jianlin listed as China's richest man.
胡润财富榜最新排名显示,万达集团董事长王健林目前是中国首富。
Wang Jianlin is now said to be worth around 34-billion US dollars.
A lot of his new wealth is being attributed to the 10-fold increase in the share price of Wanda's newly-listed cinema chain.
Wang Jianlin overtakes Alibaba founder1 Jack2 Ma, who has seen his personal net-worth drop to around 22-billion US dollars, mostly due to this year's plunge3 in Alibaba's share price in New York.
"Beverage4 King" Zong Qinghou of WaHaHa sits third with a net worth of some 21 billion U.S. dollars, up 8 percent year-on-year.
The same analysis by Hurun also suggests China now has more billionaires than the United States for the first time.
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