Half of China's 10 richest people are in the technology, media and telecommunications industry.

With a personal wealth of 179.43 billion yuan ($25.99 billion), Chinese property tycoon, Wanda Group's chairman Wang Jianlin and his son Wang Sicong topped the 2017 New Fortune 500 rich list.

Jack Ma, executive chairman of Alibaba Group, came in second place with a fortune of 156.26 billion yuan, followed by SF Express's chairman Wang Wei with a personal wealth of 150.45 billion yuan.

Jia Yueting, founder of Chinese tech conglomerate LeEco, dropped out of the top 10 to 34th place, after his wealth shrunk by nearly 30 billion yuan.

Let's take a look at the top 10 richest people in China.

No 10 Li Yanhong

Age: 49

Wealth: 63.4 billion yuan

Company: Baidu Inc

Robin Li Yanhong, chief executive officer of Baidu Inc, pauses during a Bloomberg Television interview in Beijing, March 10, 2017.[Photo/VCG]