Jack Ma replaces Mukesh Ambani as Asia's richest man
Shortpedia
Content Team
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A day after India's Mukesh Ambani lost $5.8 Billion amid the Coronavirus outbreak that has affected the global market severely, Alibaba Group founder Jack Ma toppled Ambani to become the richest man in Asia. Ma is now at the top with a $44.5 billion fortune, closely followed by Ambani whose wealth now remains at about $41.9 billion. The Indian conglomerate’s shares plunged 12% on Monday, the most since 2009.