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Jack Ma reclaims top spot in Chinese billionaires list

Jack Ma reclaims top spot in Chinese billionaires list

Image credit: President of Russia

According to Hurun China Rich List 2018, Jack Ma, the founder of the e-commerce giant Alibaba who recently made an announcement of his retirement as the executive chairman reclaimed the title of China’s richest man with a total family wealth of about USD 39 billion. Jack was followed by Evergrande Chairman Xu Jiayin, whose wealth fell to $36 billion and Ma Huateng, CEO Tencent Holdings with USD 34 billion.

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