The business magazine Forbes ranked 486 Chinese billionaires in a list based on their fortunes.

According to the magazine, Chinese billionaires account for almost a quarter of the world's billionaires, with their wealth reaching $1.34 trillion.

A total of 334 billionaires are from the Chinese mainland, accounting for 69 percent. Billionaires from Hong Kong and Taiwan account for 14 percent and six percent, respectively.

Here are the top 10 richest people in China.

No 10 Wang Wenyin, Chinese mainland

Net worth: $14 billion

Industry: Mining and copper products

Wang Wenyin, chairman of Amer International Group, speaks at a business forum in Shenzhen, Guangdong province, Dec 17, 2016. [Photo/VCG]