On March 2, the 2021 Hurun Report was released. Tesla CEO Elon Musk beat Amazon Jeff Bezos’s $189 billion to top the list with $197 billion. The third place is Bernard Arnott from Moet Hennessy-Louis Vuitton, with a fortune of US$114 billion.
The highest-ranked Chinese rich man is Zhong Shan Shan from Nongfu Spring, with a wealth of US$85 billion, being the first Chinese entrepreneur to enter the world’s top ten, ranking seventh, and the richest man in Asia.
In the past year, China has added 259 billion-dollar entrepreneurs, for a total of 1,058, ahead of the US’s 696.
Tongwei shares Liu Hanyuan and Guan Yamei: US$18.5 billion
Tongwei took agriculture as its entry point, and entered the photovoltaic industry after becoming a leading company. It has now become an enterprise with dual main businesses of feed, chemical industry and new energy.
According to the production capacity plan, Tongwei will surpass GCL-Poly to become the world’s largest silicon material manufacturer in 2021. The actual production capacity will exceed 160,000 tons, providing sufficient silicon material supply for my country’s photovoltaic industry and ensuring healthy development.
LONGi shares Li Zhenguo and Li Xiyan: US$13.5 billion
As China’s current photovoltaic company with the highest market value, Longi’s market value will successively exceed the 200 billion and 300 billion mark in 2020, and it is the world’s highest market value photovoltaic company in history. At the end of 2020, Longi shares also received the attention of well-known investment institution Hillhouse Capital, which spent 15.8 billion yuan to become the company’s second-largest shareholder.
This move also made Li Zhenguo and Li Xiyan’s worth soaring. According to the company’s data, currently Mr. Li Zhenguo is the company’s largest shareholder, holding 14.44%, and Ms. Li Xiyan is the company’s fourth-largest shareholder, holding 5.15%.
Mr. Cao Renxian from Sungrow: US$8.3 billion
As a leading photovoltaic inverter company, Sungrow has achieved very good results in 2020, not only ranking forefront in the domestic market, but also gaining a lot from overseas markets. In many major photovoltaic countries, the inverter market share remains in the top three positions.
Thanks to its good performance, Sungrow will become the third photovoltaic company in China with a market value of over 100 billion in 2020. Under the regular growth of the inverter market and the demand for equipment updates, Sungrow is expected to continue to maintain rapid growth in 2021 and reach a higher level.
In addition, there are Foster’s Lin Jianhua and Zhang Hong, with a wealth of US$7.3 billion; Mr. Ruan Hongliang of Flatter, with a wealth of US$6.5 billion; Mr. Jin Baofang of JA Tech, with a wealth of US$4.9 billion; Mr. Chunan Li of LONGi, with a wealth of US$4.9 billion. It can be seen that the vigorous development of the photovoltaic industry has almost covered the upper, middle and lower reaches of the photovoltaic industry chain, and has also driven the growth of related companies and contributed more to photovoltaics.