Jack Ma is now China's richest man


  • Nation
  • Wednesday, 17 May 2017

PETALING JAYA: Alibaba Group chairman Jack Ma has overtaken Wanda Group boss Wang Jianlin as China's richest man, according to latest estimates.

According to a May 14 report by Forbes, Ma's fortune was worth US$30.9bil (RM133.75bil) while Wang, whose wealth mainly comes from real estate and the entertainment industry, lags slightly behind at US$30.7bil (RM132.85bil).

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