BEIJING: Jack Ma, executive chairman of Alibaba Group Holding Ltd, has become China's richest man with a fortune estimated at US$25bil, underscoring the ascension of tech tycoons over real estate peers in the world's second biggest economy.
Ma knocked Wang Jianlin, head of the Wanda property group, into second place with US$24.2bil, according to this year's list of China's super-rich published by Hurun Reports Inc.
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