Jack Ma of Chinese e-commerce giant Alibaba Group topped China's billionaires with US$45bil (RM190.09bil) and came in No 21 overall on the global list. — Bloomberg
BEIJING: China minted three times as many new billionaires than the United States in the past year, with fortunes made in drugs and online entertainment after a mini-boom from the coronavirus outbreak, a ranking of the world's wealthiest people shows.
The Greater China region, including Hong Kong and Taiwan, created 182 new billionaires in the year to Jan 31, taking its total to 799, according to the 2020 Hurun Global Rich List released on Feb 26. That compares with 59 new US billionaires.
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