Mainland China's Billionaire Count Reaches 470 This Year, With 98% Being Self-Made
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 23 2025
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Source: aastocks
Billionaire Growth in China: By 2025, mainland China is expected to have 70 new billionaires, increasing the total to 470, with a combined wealth of USD1.8 trillion, second only to the US.
Wealth Increase Among Self-Made Billionaires: In 2023, the wealth of 196 self-made billionaires globally rose by USD386.5 billion, highlighting significant financial growth among entrepreneurs.
Self-Made Billionaires in China: UBS reports that approximately 98% of billionaires in mainland China are self-made entrepreneurs, emphasizing the entrepreneurial spirit in the region.
Market Insights: UBS's Lu Zijie noted expectations of a decline in same-store sales for MIXUE GROUP, despite positive stock recommendations from G Sachs.
Analyst Views on 02097
Wall Street analysts forecast 02097 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 02097 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 425.000
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Current: 425.000
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
