These are the 21 richest billionaires in China

Net worth: $8.4 billion

Source of wealth: Leads Hangzhou Wahaha, one of China's biggest beverage companies.

Age: 73

Net worth: $8.9 billion

Source of wealth: Chairs Foshan Haitian Flavoring & Food, one of China's largest suppliers of soy sauce.

Age: 62 or 63

Net worth: $9.3 billion

Source of wealth: Chair of snack food company Dali Food Group.

Age: 61

Net worth: $9.4 billion

Source of wealth: Cofounder and chair of Hong Kong property company Longfor Properties.

Age: 54 or 55

Net worth: $9.6 billion

Source of wealth: CEO and founder of China's number one search engine Baidu.

Age: 50

Net worth: $9.6 billion

Source of wealth: Cofounder and chair of Xiaomi, the smartphone manufacturer.

Age: 49

Net worth: $11 billion

Source of wealth: Chair of Amer International Group, a large scale supplier of cables and copper.

Age: 51

Net worth: $12.1 billion

Source of wealth: Head of S.F Holding, the delivery company often known as the "FedEx of China."

Age: 48

Net worth: $13.3 billion

Source of wealth: Former head of technology at Chinese tech giant Tencent. Retired in 2014.

Age: 47

Net worth: $13.5 billion

Source of wealth: Chair and CEO of Pinduoduo, one of China's biggest e-commerce sites.

Age: 39

Net worth: $13.6 billion

Source of wealth: Chairman of Geely Automobiles, one of the largest automakers in China, and owner of Volvo.

Age: 55

Net worth: $14.7 billion

Source of wealth: Head of Netease, the largest online and mobile gaming business in he world.

Age: 47

Net worth: $16.2 billion

Source of wealth: Chairs Beijing Bytedance, a giant media content platform valued at $75 billion.

Age: 35

Net worth: $19.8 billion

Source of wealth: Oversaw the growth of Midea Group, an appliance maker. He stepped down in 2012.

Age: 76

Net worth: $22.1 billion

Source of wealth: Owns over half of real estate developer Country Garden Holdings, which she was given by her father in 2007.

Age: 37

Net worth: $22.6 billion

Source of wealth: Chair of Dalian Wanda Group, which has investments in finance, real estate, and movie theaters. It is one of the world's largest developers of commercial real estate.

Age: 64

Net worth: $36.2 billion

Source of wealth: Chairman of Evergrande Group, one of the biggest property developers in the country.

Age: 60

Net worth: $37.3 billion

Source of wealth: Founder of Alibaba, the giant online marketplace often referred to as the Amazon of China. He took Alibaba public in 2014 in the biggest IPO in stock market history.

Age: 54

Net worth: $38.8 billion

Source of wealth: Chair of Tencent Holdings, the internet giant which owns the likes of WeChat, one of China's most widely-used apps. It has over 1 billion users.

Age: 47