Jack Ma (right) and Pony Ma Huateng are China’s top two richest individuals. Photo: Reuters Jack Ma (right) and Pony Ma Huateng are China’s top two richest individuals. Photo: Reuters
Jack Ma (right) and Pony Ma Huateng are China’s top two richest individuals. Photo: Reuters

Millionaires and billionaires

Money /  Wealth

China’s richest 400 tycoons shrug off economic slump to increase their combined wealth by 22 per cent to US$1.29 trillion

  • Qin Yinglin, chairman of Muyuan Foodstuff, almost quadrupled his wealth to US$16.6 billion, as China’s pork crisis has sent the company’s shares through the roof
  • Jack Ma, former chairman of Alibaba Group Holding, once again topped the Forbes list with a net worth of US$38.2 billion

Topic |   Millionaires and billionaires
Ryan Swift
Ryan Swift

Updated: 10:47pm, 7 Nov, 2019

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Jack Ma (right) and Pony Ma Huateng are China’s top two richest individuals. Photo: Reuters Jack Ma (right) and Pony Ma Huateng are China’s top two richest individuals. Photo: Reuters
Jack Ma (right) and Pony Ma Huateng are China’s top two richest individuals. Photo: Reuters
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