Since Forbes started keeping track of the nation’s rich list more than 20 years ago, the economic, political, and social issues encountered by mainland China have caused the most dramatic drop in the fortunes of its wealthiest citizens. Here is the list of the richest person in China. In comparison to the previous year, the
Following an absence from public view in the past three years, Jack Ma, co-founder of Alibaba group and Chinese billionaire, has been seen in Hong Kong. Two sources revealed to Reuters that jack Ma had been meeting with a few business associates over the past week. Reports of his presence in the city also appeared
The stock plunge on Monday made China’s richest lose $53 billion. As per Bloomberg Billionaires Index, China’s bottled water king Zhong Shanshan led the plunge by losing $5 billion, followed by a drop of $3.3 billion in Tencent Holding Ltd’s. Tencent Holding Ltd’s Pony Ma now stands third with a net worth of $35.2 billion.
