The stock market in 2018 caused the world's richest people to lose $1 trillion in wealth.

Hurun Research's "Hurun Global Rich List" shows that the 2018 stock market crash has caused the world's richest people to lose $1 trillion in wealth.

The report shows that as of January 31, the number of Chinese billionaires still exceeds that of other countries, with 658 people, and several newly established companies have accumulated wealth through large-scale stock issuance. There are 584 billionaires in the United States and 117 in Germany.

The areas with the greatest growth in wealth last year were technology, media and telecommunications, followed by real estate and other investments, manufacturing and retail.