A rich list by wealth compiler Hurun Report shows the market meltdowns in 2018 obliterated $1 trillion in wealth, with more than 212 of China’s richest individuals losing their dollar billionaire status.

The report, China’s version of the Forbes rich list, showed Chinese billionaires still outnumbered those from any other country as of Jan. 31, at 658. Several newly minted ones amassed wealth through big share offerings.

Amazon founder Jeff Bezos led the world’s wealthiest for the second year running, estimated by the Hurun Global rich list at $147 billion.

FILE - In this Jan. 9, 2019, file photo, Tesla CEO Elon Musk, center, waves as he waits for a meeting with Chinese Premier Li Keqiang at the Zhongnanhai leadership compound in Beijing. (AP Photo/Mark Schiefelbein, Pool, File)
FILE – In this Jan. 9, 2019, file photo, Tesla CEO Elon Musk, center, waves as he waits for a meeting with Chinese Premier Li Keqiang at the Zhongnanhai leadership compound in Beijing. (AP Photo/Mark Schiefelbein, Pool, File)

Overall, it says there are 2,470 billionaires in the world by its reckoning, down 224 from last year.

The Hurun Report, founded by CEO Rupert Hoogewerf, released the report in partnership with a Chinese luxury property developer, Loong Palace.

FILE - In this Jan. 18, 2019, file photo, Chairman and Managing Director of Reliance Industries Mukesh Ambani speaks during the inauguration of the 9th Vibrant Gujarat Global Summit (VGGS) in Gandhinagar, India. (AP Photo/Ajit Solanki, File)
FILE – In this Jan. 18, 2019, file photo, Chairman and Managing Director of Reliance Industries Mukesh Ambani speaks during the inauguration of the 9th Vibrant Gujarat Global Summit (VGGS) in Gandhinagar, India. (AP Photo/Ajit Solanki, File)
People walk by a golden prosperous pig structure on display outside a high-end commercial building at the Central Business District in Beijing, Wednesday, Feb. (AP Photo/Andy Wong)
People walk by a golden prosperous pig structure on display outside a high-end commercial building at the Central Business District in Beijing, Wednesday, Feb. (AP Photo/Andy Wong)
FILE - In this July 9, 2018, file photo, Xiaomi's Founder, Chairman and CEO Lei Jun smiles after he hits the gong during the listing ceremony at the Hong Kong Stock Exchange in Hong Kong. (AP Photo/Vincent Yu, File)
FILE – In this July 9, 2018, file photo, Xiaomi’s Founder, Chairman and CEO Lei Jun smiles after he hits the gong during the listing ceremony at the Hong Kong Stock Exchange in Hong Kong. (AP Photo/Vincent Yu, File)
A woman walks by a billboard depicting skyscrapers in the Chinese capital at the Central Business District in Beijing, Wednesday, Feb. (AP Photo/Andy Wong)
A woman walks by a billboard depicting skyscrapers in the Chinese capital at the Central Business District in Beijing, Wednesday, Feb. (AP Photo/Andy Wong)
FILE - In this Sept. 13, 2018, file photo, Jeff Bezos, Amazon founder and CEO, speaks at The Economic Club of Washington's Milestone Celebration in Washington. (AP Photo/Cliff Owen, File)
FILE – In this Sept. 13, 2018, file photo, Jeff Bezos, Amazon founder and CEO, speaks at The Economic Club of Washington’s Milestone Celebration in Washington. (AP Photo/Cliff Owen, File)