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The two Ma tycoons, Pony and Jack, become first Chinese to make Forbes list of world’s 20 richest


Two of the most well known faces of China’s technology boom, Tencent Holdings’ chairman Pony Ma Huateng and Alibaba Group Holding’s Jack Ma, became the first Chinese to enter the top 20 richest people in the world, with a combined wealth of US$84.3 billion – almost the size of the Turkish economy. 

As in previous years, the 32nd Forbes annual billionaires list was dominated by US tycoons, who made up 13 out of the world’s 20 richest people. But with China creating the most new billionaires last year, 89 compared to the US’ 18, the gap between the two countries is closing. While the US had the most number of people with wealth in the billions, 585, Greater China – mainland China, Hong Kong, Macau and Taiwan – had 476.

   

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