www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Companies

Jack Ma's $21.8 billion puts him top of China's wealth list

(Agencies) Updated: 2014-08-29 07:53

Jack Ma's $21.8 billion puts him top of China's wealth list

Jack Ma speaks during a meeting at the Taobao City, the new office park of Alibaba, in Hangzhou city, Zhejiang province, 27 May 2014. [Photo/China Daily]

Jack Ma is China's richest person. The 49-year-old founder and chairman of Alibaba Group Holding has a net worth of $21.8 billion, according to the Bloomberg Billionaires Index.

Jack Ma's $21.8 billion puts him top of China's wealth list
Alibaba takes giant strides
Jack Ma's $21.8 billion puts him top of China's wealth list
Alibaba picks up digital content stake
His assets include a 7.3 percent economic interest in China's largest e-commerce business, which is preparing for what could be the largest initial public offering in US history, and almost half of the parent of Alipay, a separate online-payment service that hadn't previously been included in his net worth calculation.

Ma is $5.5 billion richer than Ma Huateng, the founder of Tencent Holdings, China's largest Internet company by market value. Robin Li, the founder of search engine Baidu, ranks third in the world's second-largest economy.

"Wealth creation in China has been quite rapid, particularly among entrepreneurs such as Jack Ma who have created businesses that benefit from China's burgeoning middle class," said Tony Hsu, a portfolio manager at Dalton Investments in Shanghai.

Alibaba, which plans to sell shares on the New York Stock Exchange next month, may set its IPO value at $154 billion, according to the average estimate of five analysts surveyed by Bloomberg in July.

Ma owns 8.8 percent of the company. After subtracting the 1.5 percent controlled by SymAsia Foundation, his charitable organization, Ma's interest in the company is valued at $11.3 billion.

The same analysts said Alibaba's post-listing valuation could be as much as $200 billion.

Ma also owns 48.5 percent of Zhejiang Ant Small & Micro Financial, a closely held entity that operates the Alipay online-payment service. The company, based in Hangzhou, Zhejiang province, has a value of $25 billion, based on the average estimate of seven analysts surveyed by Bloomberg News.

Ma's stake in Small & Micro is expected to be diluted to no more than 8.9 percent in three to five years through selling new shares or distributing stock to employees, the company said in an Aug 12 filing with the US Securities and Exchange Commission.

Ma won't realize any economic benefit from these transactions, the filing said.

Top billionaires in Chinese mainland

1 Jack Ma, Alibaba:$21.8 billion

2 Ma Huateng, Tencent:$16.3 billion

3 Robin Li, Baidu:$15.8 billion

4 Wang Jianlin, Dalian Wanda: $14.7 billion

5 Zong Qinghou, Wahaha Group: $11.5 billion

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 亚洲人成在线播放网站岛国 | 国产免费一区二区三区在线 | www.色中色 | 日韩一区二区三区在线观看 | 久久手机在线视频 | 精品毛片 | 欧美一级毛片欧美一级成人毛片 | 亚洲国产成人久久综合野外 | 国产资源精品一区二区免费 | 欧美黑人巨大xxxxxxxx | 日本三级香港三级三级人!妇久 | 欧美日一本 | 精品久久久日韩精品成人 | 欧美一级二级三级 | 久久久久久久亚洲精品一区 | 国产亚洲欧美在线播放网站 | 三级毛片免费 | 国产亚洲精品午夜高清影院 | 一级成人a做片免费 | 高清一本之道加勒比在线 | 91中文字幕网| 日韩在线精品视频 | 不卡午夜| 深夜福利视频在线观看 | 亚洲一区二区三区免费视频 | 香蕉国产人午夜视频在线 | 国产三级做爰在线观看∵ | 日韩毛片一级 | 美国三级毛片 | 欧美人与鲁交大毛片免费 | 久草福利资源网站免费 | 男女男精品视频网站在线观看 | 色午夜在线 | 久久久成人啪啪免费网站 | 国产精品激情丝袜美女 | 亚洲人成在线播放网站岛国 | 在线观看亚洲人成网站 | 99热热久久这里只有精品166 | 国产国产人免费人成成免视频 | 欧美性欲视频 | 国产v精品成人免费视频400条 |