The list was a snapshot of wealth as of August 15, said the publisher.
With a personal fortune of $32.1 billion, Wang runs the Dalian Wanda conglomerate which has interests in real estate and entertainment. The company owns U.S. theater chain AMC and movie maker Legendary Entertainment and is in talks to purchase Dick Clark Productions.
The fastest riser on the list was Yao Zhenhua of Baoneng Group, who finished in the fourth position. He shot up 200 spots on the list following a nine-fold increase in his wealth to $17.2 billion. He made the news this year for his of the shares of leading real estate developer China Vanke.
"Yao represents the new wave of wealth creation by financial investments in China. It started with trading twenty years ago, followed by manufacturing, real estate development, IT and today financial investment," said Hurun's founder, Rupert Hoogewerf.
Alibaba's high-profile Founder and Chairman Ma meanwhile saw his wealth surge 41 percent to $30.6 billion—although that still fell short of Wang's wealth.