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According to the recent rich list by China, it has become a country with the highest number of billionaires around the world

According to the recent rich list by China, it has become a country with the highest number of billionaires around the world; leaving US behind. The country has about 594 billionaires; while US has been shifted to second with 535 billionaires.

Wang Jianlin, Property Magnate, of Dalian Wanda stands first at the list with a personal fortune of $32.1bn (£26.4bn., while, the world-known Alibaba’s owner Jack Ma has taken his rightful place as second with $30.6bn.

The list has been published by Shanghai publishers Hurun, and is considered as legit as the Forbes list in the USA. The annual report has been published for the past 18 years.

When it comes to the Global rich list predicament by Forbes, the list is being unanimously topped by Microsoft founder Bill Gates with $75bn. On the other hand, the prestigious brands owner Amancio Ortega of Zara and legendary investor Warren Buffett follow close behind.