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Communist China has 104 billionaires leading the country while Xi Jinping promises to lift millions out of poverty

Their net worth is $624 billion, and the list includes the CEOs of Tencent, JD.com, and Xiaomi.

  • There are more than 100 billionaires in China's legislature and its top advisory body, including the
  • CEOs of Tencent, JD.com, Baidu and Xiaomi.
  • Their combined net worth is $624 billion, twice that of Ireland's GDP.
  • President Xi Jinping vowed to fix income inequality and eradicate poverty by 2020, a deadline that is two years away and 40 million people are still struggling.

A new global rich list has tallied 104 billionaires in the upper echelons of China's leadership.

Released this week, research

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