Despite escalating trade tensions with the U.S., China’s stock markets still soared since last year’s list of the World’s Billionaires.
The Hang Seng Index rallied almost 20% as officials promised greater economic support, while DeepSeek’s January release of a highly affordable AI model reignited investor interest in the country’s technology sector. As a result, the collective fortune of Chinese billionaires on Forbes’ 2025 ranking reached $1.68 trillion–up 26% from $1.33 trillion a year ago and also exceeding 2023’s total of $1.67 trillion.
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