China rich list compiler Hurun clarifies Tsinghua graduate Zhang Zetian’s ranking to quell online controversy

According to Hurun, Tsinghua University and Zhejiang University have produced the most graduates to become billionaires in China. Zhang ranked behind Meituan founder Wang Xing and Xu Hang, founder of property developer Parkland Group. — SCMP

The Hurun Research Institute, a rich list compiler run by Rupert Hoogewerf, has clarified its decision to list Zhang Zetian, wife of Chinese tech billionaire Richard Liu Qiangdong, as the third-richest person to have graduated from the prestigious Tsinghua University after the ranking stirred controversy online.

According to a list published by Hurun last Friday, Tsinghua University and Zhejiang University have produced the most graduates to become billionaires in China. And 30-year-old Zhang was ranked as the third-richest graduate from Tsinghua, with a net worth of 60bil yuan (RM39.07bil).