The net worth of China's richest man and founder of e-commerce major Alibaba, Jack Ma, surged up to $2.8 billion overnight as his company’s forecast of sales growth topped every analyst’s estimate. The 52-year-old entrepreneur is now Asia's richest person and 14th wealthiest in the world with a fortune of $41.8 billion. Following the forecast, his company Alibaba Group Holding added $42 billion to its market cap.
By Varun Vasudevan | Jun 9, 2017 1:03 PM #Jack Ma #Alibaba
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