Alibaba's Jack Ma is no longer China's richest man. Here's who dethroned him
Business | Jun 25, 2020, 03:05 PM ISTAlibaba founder Jack Ma is no longer China's richest man. According to Bloomberg Billionaires Index, Ma Huateng, who is the founder and CEO of Chinese Internet giant Tencent Holdings (TCEHY), has surpassed Jack Ma as China's richest man with a net worth of $50 billion.