Recently I noted that Ma Yun, the online business tycoon in China, seemed being trapped in some trouble.  I do not know the details; all I know is in socialist China Mainland there is a clear demarcation between private capital and national capital.  The owner(s) of private capital cannot set foot in politics, and their businesses cannot imperil national security or stability, either. 

Throughout CCP history, there did have a business tycoon who had been vice chairman of the republic, despite the position might be an honorable, or even a titular title for him.  Here is his story at: 

https://www.toutiao.com/a6885928207325856264/