ã€World Wide Web Reporter Lin Di】On October 12, the Hurun Research Institute released the “2017 Hurun Report,†sparking immediate reactions from within Alibaba Group. In the early hours of the following day, Peng Lei, chairman of Ant Financial and a key partner of Jack Ma, took to social media to question the list: “Is this still a rich list or a crazy one? Still 40 billion, not 400 billion?â€
The controversy stems from the fact that Alibaba has 43 shareholders listed in the report, 25 more than the previous year. Notably, six individuals ranked behind Jack Ma are from Ant Financial, including Peng Lei, who is listed as the second richest in the Alibaba family with 40 billion yuan. Chen Liang, vice president of Ant Financial, also outperformed Alibaba’s CEO Zhang Yong, with a net worth of 3.4 billion yuan—over 1.4 billion more than Zhang.
Peng Lei further questioned the credibility of the list, asking, “Can the Super 500 be forwarded?†This sparked discussions about past rumors of illegal activities, such as the infamous “Jack Ma's 1.1 billion mansion†story. According to Article 246 of China’s Criminal Law, if false information is spread online and receives over 5,000 clicks or 500 retransmissions, it can be considered a serious offense and may constitute defamation.
Last night, Alipay’s official account published an article titled “I am Chen Liang, I really don’t have 34 billion yuan.†The tone was subtle but clearly critical of the report. In the post, Chen Liang joked, “Hi everyone, I’m Chen Liang. Today’s Hurun Report says I have 34 billion RMB. I’m rushing to find them. They said I paid for the flowers at Baoli, but I haven’t even finished paying and they refused to give me the money. I’m now broke and lost my phone number. I found you by chance. Can you give me 200 yuan via Alipay? After I was on the show, I gave half of the 3.4 billion points back to you. I also hired you as my agent.â€
Hurun founder Hoogewerf responded to the criticism, stating: “These figures are based on publicly available information. We believe the list remains quite objective. We don’t know all the factors behind it.†He also confirmed that the wealth of individuals like Zhang Yong was derived from public data.
The Hurun Rich List, first launched in 1999 as the “Top 100 Richest People in China,†has been updated annually for 19 years. In past interviews, Hurun has stated that the list is compiled without prior consent from the individuals listed and that no personal threats were made.
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Xu Jiayin saw his net worth jump by over 200 billion yuan in just six months, reaching 290 billion yuan for the first time, making him China’s richest person. His net worth in 2016 was 78 billion yuan. Jack Ma’s wealth also increased significantly, reaching 250 billion yuan and placing him second, up by 50% from the previous year. Ma Yun himself was ranked third with 200 billion yuan.
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