High net worth: Tsai has a net worth of US11.5bil — Bloomberg
HONG KONG: Jack Ma, who launched China’s largest e-commerce company two decades ago and rode it to a US$47.6bil fortune, turns out to have created billions of dollars of wealth for at least 10 others – a total of almost US$100bil.
By investing directly in or partnering with companies that provide services for his online buying platforms – from payment systems to delivery companies – Ma and his Alibaba Group Holding Ltd have minted a network of people whose combined fortunes total more than US$52bil, according to the Bloomberg Billionaires Index. With Ma’s wealth included, the collective net worth is larger than the economies of 136 countries.
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