Comment & Analysis
Tencent, ByteDance, Alibaba founders see fortunes plunge as China billionaire list loses nearly 300 members
An annual ranking of Chinese billionaires lost nearly 300 members this year, as Tencent’s Pony Ma, ByteDance’s Zhang Yiming and Alibaba’s Jack Ma saw their fortunes plunge by as much as 32 per cent amid the country’s economic slowdown. The latest Hurun China Rich List, which ranks the wealthiest people…
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Click here to read the full story: South China Morning Post