Jack Ma's wealth rose 41% to $30.6 billion in 2016
Chinese e-commerce major Alibaba Group Chairman Jack Ma's wealth increased by 41% to $30.6 billion, making him the country's second richest person, Hurun's 'Richest People in China' 2016 list stated. The rise was due to a surge in the market cap of Alibaba, the most valuable company on the list. Notably, Dalian Wanda Chairman Wang Jianlin topped the list.