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Alibaba's Jack Ma Is Now China's Richest Person

Business Insider - 23 Sep 2014 09:35
Alibaba's Jack Ma Is Now China's Richest Person The largest stock offer in history has made Jack Ma, founder of e-commerce giant Alibaba, China's richest person with a fortune of $25 billion, an annual wealth ranking in the world's second-largest economy showed Tuesday. "It has been an amazing year for China's best tycoons despite the jitters about the Chinese economy," said China-based luxury magazine publisher Hurun Report in its annual rich list. Ma reaped more than $800 million selling shares in the company he set up 15 years ago as Aliba...
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