Alibaba’s Jack Ma is Asia’s Richest Man

The Economic Times - - Around The World -

Alibaba’s chair­man Jack Ma over­took Dalian Wanda’s Wang Jian­lin as Asia’s richest man af­ter the ecom­merce gi­ant’s fi­nan­cial af­fil­i­ate raised a record amount in its latest round of fundrais­ing. Ma added $4.3 bil­lion to his for­tune af­ter his Ant Fi­nan­cial’s latest deal, ex­pand­ing his wealth to $33.3 bil­lion, ac­cord­ing to the Bloomberg Bil­lion­aires In­dex. That puts him ahead of Wang’s $32.7 bil­lion and Hong Kong ty­coon Li Kash­ing’s $29.5 bil­lion. Bloomberg

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