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.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.