SHANGHAI: Jack Ma, founder of e-commerce giant Alibaba, is China's richest person with a fortune of nearly US$20bil, as billionaires increase despite a slowdown in the country's economy, Forbes magazine said Tuesday.
The number of Chinese billionaires surged to 242 this year from 168 in 2013, Forbes said in its annual "China Rich List", which ranks the wealthy.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
