China minted three times as many new billionaires than the
United States in the past year, with fortunes made in drugs and online entertainment after a mini-boom from the coronavirus outbreak, a ranking of the world's wealthiest people shows.
The Greater
China region, including Hong Kong and Taiwan, created 182 new billionaires in the year to Jan. 31, taking its total to 799, according to the 2020 Hurun Global Rich List released on Wednesday.
While the outbreak of a new coronavirus in China has hammered the world's second-biggest
economy, it has also driven up stock valuations of Chinese companies in online education, online games and vaccinations, the report said.