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In recent years, Xi Jinping is known as a high-profile leader that drives China's rise as a superpower as its global influence continues to expand across continents of the world. How rich is he?
In recent years, Xi Jinping is known as a high-profile leader that drives China's rise as a superpower as its global influence continues to expand across continents of the world.
As the President of China, Xi leads the world's most populous country and second-largest economy (GDP), controls the country's only political party. In 2018, he ranked number one in Forbes' list of Powerful People.
He is the son of Xi Zhongxun, a deputy prime minister, Jinping is considered a "princeling" - descendant of prominent Communist Party officials. The 68-year-old leader took up Bachelor's and Doctor of Jurisprudence degrees at Tsinghua University.
When he took office in 2012, he was quick to recognize the advantages of privatization-friendly change. It resulted in China's rise as a superpower in the world that challenges the United States and its allies.
If the United States has the "American Dream," Xi coined the phrase "Chinese Dream," which refers to a set of personal and national objectives for the betterment of Chinese society. And he is widely recognized for that.
Interestingly, per the Economist, President Xi Jinping has adopted the teachings of China's great philosopher, Confucius, more than any prior Communist leader. He had gone on a year-long journey to Qufu, where he visited Confucius's former residence.
A Trailblazer
According to Christopher K. Johnson, a former Central Intelligence Agency analyst of Chinese politics, Xi's "political genius" is his "strategic use of uncertainty." "He likes to keep everyone off-balance", he said
Among his major accomplishments is China's biggest anti-corruption crack down, which he introduced as soon as he became Chairman of the Chinese Communist Party. Xi's pledge to crack down on high and low-level government officials has become China's most comprehensive anti-corruption crusade.
Though, It has been both his powerful political weapon as well as tough challenge in his leadership, according to Dr. Ming Xia, professor of political science at the City University of New York,
"He inherited a communist regime, and the Chinese Communist Party was facing a lot of challenges," the professor said.
In March 2018, the Chinese parliament approved a controversial revision to the country's constitution that allowed Xi to remain in power indefinitely. He began his second term as president of China within that month, with an unlimited term.
How Much is Xi Jinping's Net Worth this 2022?
According to reports, Xi Jinping's net worth in 2022 is around $1.2 billion. Though most of his finances are not declared in public, there is no means to validate the exact figure.
Though, according to Finty,His family holds a large number of shares in a publicly listed Chinese business. The company's valuation is in the billions of dollars, suggesting that Xi Jinping may have at least $1 billion in personal money.
Following the abolition of presidential term limits in 2018, the CCP passed a "historic resolution" in November of last year, upgrading Xi's authority to that of iconic leaders Mao Zedong and Deng Xiaoping. This also implies that he has the potential to become wealthy by means that the CCP's rules permit.
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