Hurun Research Institute released the "Hurun Global Rich List 2024". Among the global billionaires, Tesla (TSLA.US) CEO Elon Musk re-emerged as the richest man with RMB1.67 trillion of wealth, up 47%. Amazon (AMZN.US) Founder Jeff Bezos rose to the second place with RMB1.33 trillion of wealth, up 57%. LVMH CEO Bernard Arnault’s wealth shrank by 13%, falling to the third place with a wealth of RMB1.26 trillion. Meta (META.US) CEO Mark Zuckerberg came in fourth. In China, NONGFU SPRING (09633.HK) -0.250 (-0.657%) Short selling $36.68M; Ratio 23.036% Chairman Zhong Shanshan's fortune faded 9% to RMB450 billion, making him China's richest man for the fourth consecutive time and the 21st richest man in the world. Pinduoduo (PDD.US) Founder and Chairman Colin Huang, whose fortune amplified 71% to RMB38.5 million, ranked second. Related NewsHENDERSON LAND 2024 Underlying Profit Edges Up 0.7% YoY to HKD9.774B; Final DPS Kept at HKD1.3TENCENT (00700.HK) -20.500 (-3.796%) Short selling $2.59B; Ratio 9.893% Chairman Pony Ma's fortune dropped 10% to RMB25 million, ranking third. In fourth and fifth places were Zhang Yiming, Founder of ByteDance, and Ding Lei, CEO of NTES-S (09999.HK) -3.500 (-2.185%) Short selling $289.84M; Ratio 32.800% . In sixth place was Li Ka-shing and Li Tzar Kuoi of CK ASSET (01113.HK) -0.650 (-1.895%) Short selling $46.02M; Ratio 19.077% . Eighth place went to Lee Shau Kee, Founder of HENDERSON LAND (00012.HK) -0.200 (-0.862%) Short selling $23.82M; Ratio 16.165% . The 10th place went to the Li Shufu Family of GEELY AUTO (00175.HK) +0.260 (+1.446%) Short selling $301.35M; Ratio 11.258% .According to Hurun, the structure of wealth creation in China continued to alter dramatically. In the last year, more than 200 billion-USD entrepreneurs in China dropped off the list, while there were more than 50 new faces, with the total falling 150. Some of the Chinese entrepreneurs who saw their fortunes grow faster in the last two years included PDD’s Colin Huang. Those who suffered more fortunes slump were Wanda’s Wang Jianlin and COUNTRY GARDEN (02007.HK) -0.025 (-4.808%) Short selling $3.97M; Ratio 7.236% ’s Yang Huiyan. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-03-20 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)Related NewsCiti: US Investors Show Significant Interest in CN Stocks; Long-funds More Active Than Hedge Funds