US intelligence agencies are preparing a comprehensive report for Congress detailing the personal wealth, financial assets, and business interests of Chinese Communist Party (CCP) leader Xi Jinping and other top CCP officials, according to multiple sources [1, 2, 3]. The report is mandated by the 2026 Intelligence Authorization Act (IAA), signed into law in December 2025 as part of the National Defense Authorization Act [1, 4, 5, 2, 3].
The forthcoming report will cover Xi Jinping, the six other members of the Politburo Standing Committee, and all 25 members of the Central Politburo [1, 2, 3]. It must disclose all high-value personal and commercial assets held by these officials, including overseas investments, financial accounts, and real estate both inside and outside China, covering Hong Kong and Macau as well [1, 2, 3].
Officials responsible for jointly authoring the report include former US National Intelligence Director Tulsi Gabbard, Secretary of State Marco Rubio, and Secretary of Defense Pete Hegseth [1, 2, 3]. An ODNI spokesperson confirmed, "I can confirm that ODNI is actively preparing this report in accordance with the Fiscal Year 2026 Intelligence Authorization Act" [1].
This report will be the second major attempt by US intelligence to systematically disclose the hidden wealth of CCP top leadership. The first report, released in March 2025, was criticized for lacking detail and relying mostly on open media sources [2, 6]. It estimated Xi Jinping's concealed wealth at over $700 million held through relatives and proxies, including his wife Peng Liyuan and daughter Xi Mingze [2, 6, 7, 8]. The US Congressional Research Service estimates Xi's hidden wealth at approximately $707.2 million [2, 6, 7, 8]. Some congressional aides believe this figure is substantially underestimated, citing a 2012 New York Times report that estimated former Premier Wen Jiabao's family held $2.7 billion in hidden assets [2, 7].
The concealed assets are mainly held through family members and intermediaries to hide them from public scrutiny. This occurs even as CCP officials publicly promote an anti-capitalist "common prosperity" agenda [1, 2, 3]. The new report will additionally identify financial agents, business partners, and other entities that help conceal ownership of these assets [1, 2, 3].
The report is expected to include detailed non-public intelligence to provide a more comprehensive picture than previous publicly available information [1, 2, 9]. The US has not received any official comment from the Chinese Embassy in Washington regarding the upcoming report [1, 2, 3].
The law requires the report be publicly released online in a non-classified form on the ODNI website by December 2026. A classified annex may accompany the public release [1, 2, 3, 9]. US intelligence agencies are currently compiling and writing the report for submission to Congress ahead of this deadline [1, 2, 3].
