Hong Kong business magnate Li Ka Shing is the richest Chinese individual in the world, according to a Wealth-X report, published in conjunction with the celebration of the Chinese New Year of the Goat.

Li, who is the chairman of Hutchison Whampoa and Cheung Kong Holdings, currently has a net worth of $30.6bn (£19.9bn, €26.8bn). He is also the richest person in Asia, according to Forbes.

The second on the list is another Hong Kong tycoon, Lee Shau Kee, chairman of real estate company Henderson Land Development. He has a fortune of $26.6bn.

Chinese ""technopreneur" Jack Ma is the third on the list with a fortune of $26.5bn. Ma's net worth has recently surged following the historic initial public offering of his e-commerce company Alibaba Holdings in the US.

Ma is currently the richest Asian with a net worth of $35.1bn, higher than Li's $32.3bn, according to Bloomberg.

Wang Jianlin, who is heading Chinese real estate major Dalian Wanda Group, comes next with $25.7bn, followed by Lei Jun, chairman of consumer electronics company Xiaomi, at $25.4bn.

Baidu CEO Robin Li, Tencent Holdings chairman Pony Ma, Malaysian Chinese billionaire Robert Kuok, Hong Kong property tycoon Cheng Yu Tung and casino giant Lui Che Woo are the other members in the top 10 list.

At 43 years of age, Pony Ma is the youngest individual on the list, while Malaysia's Kuok is the oldest at 91.

All of the individuals on the list are self-made billionaires, and none of them were born in the Year of the Goat.

The list of 10 richest Chinese tycoons in the world is given below.

10 richest Chinese individuals
10 richest Chinese individuals Wealth-X