Sou Hu Cai Jing·2025-10-30 02:31Group 1 - The number of billionaires in China has increased significantly, with the threshold for the Hurun Rich List set at 5 billion RMB, rising from 1,095 last year to 1,434 this year, a 31% increase [3][5] - The total wealth of these billionaires has also surged, from 21 trillion RMB last year to nearly 30 trillion RMB this year, marking a 42% growth [5][6] - All of the top 30 billionaires on the list experienced positive wealth growth, with no negative changes reported [5][6] Group 2 - The increase in billionaire wealth is largely attributed to a booming stock market, with many listed companies seeing their market values double or even triple [6][7] - Notable examples include Lei Jun, whose wealth increased by 196 billion RMB due to Xiaomi's stock performance [9] - The overall sentiment suggests that the wealth gap is widening, with the rich getting richer while others may struggle financially [3][9]