Tencent boss Pony Ma climbs Forbes rich list in rise and rise of e-commerce

Tencent Chairman Pony MaWith Amazon’s Jeff Bezos wresting top spot in the Forbes rich list from Microsoft’s Bill Gates for the first time this year, further proof (if any were needed) of the seemingly inexorable rise of e-commerce was provided by the elevation of the mastermind behind China’s massively popular WeChat social media platform, Tencent co-founder and chairman ‘Pony’ Ma Huateng, into the top 20 and his supplanting of real-estate billionaire and Wanda Group chairman Wang Jianlin as Asia’s richest man.
Although 13 of the Forbes top 20 richest people are US tycoons, the China’s number are growing. Last year, it was responsible for creating more billionaires than anywhere else in the world and this narrowing of the gap is largely thanks to the rise and rise of the digital economy; with a fortune of US$39bn Alibaba’s Jack Ma was the third native from China to make it into 20.
Country Garden Vice Chairman Yang Huiyan
Asia’s wealthiest woman was also from China in the form of property developer vice-chairwoman Yang Huiyan who owns 57% of Country Garden of which she is also Vice Chairman. She is joined  on the list by Zhou Qunfei, founder of touch screen maker Lens Technology, whose clients include Apple and Samsung. A former migrant worker who began her business career making watch parts in an apartment in the southern Chinese city of Shenzhen, her wealth was put at US$7.8 billion.

Source: nikkei