The total net worth of members of the 2007 list more than tripled to $120 billion from $38 billion last year, reflecting China's rapid growth and a surging stock market that has almost tripled in value this year. The economy expanded 11.9 percent in the second quarter from a year earlier, the fastest pace in more than 12 years.
All 40 members of the list this year are billionaires, up from 15 last year, according to the magazine. The ranking of Huang Guangyu, the chairman of Gome Electrical Appliance, who was No. 1 last year, fell to No. 10, even as his wealth increased 56 percent to $3.6 billion.
