The latest Hurun rich list shows that Tencent's Ma Huateng has surpassed Baidu's Li Yanhong as the wealthiest person in China's IT industry for the first time in four years. .

Ma Huateng is chairman and CEO of Tencent Holdings, who has totalled 56 billion yuan (US$9.15 billion), putting him in number one position.

Li Yanhong is the founder of China's search engine giant Baidu. He ranked in second position, with a total wealth of 46 billion yuan (US$7.52 billion).

Jiang Bin and family, the owners of component manufacturer GoerTek Inc., a major supplier to Apple, rank in third position for the first time, with assets of 34 billion yuan (US$5.56 billion).

IT is the fastest growing industry in the Hurun rich list, growing at 20 percent. The average fortune of the top 50 richest IT magnates is 10.7 billion yuan (US$1.75 billion), 51 percent higher than last year and the highest in history.

Only the IT industry has been considered for this list.

The list of the richest individuals in IT industry is one of the sub rankings of the 15th annual Hurun China rich list released by the Hurun Research Institute.

The following are the top 10 richest Chinese IT tycoons.

 Pan Zhengmin and family（潘政民家族）

Wealth: 15 billion yuan (US$2.45 billion)

Change from last year: 50 percent

Age: 44

Company: AAC Acoustic Technologies

Industry: Acoustics

Headquarters: Shenzhen, Guangdong Province