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Tencent's Pony Ma Is Richest Person In China, Replaces Alibaba Founder Jack Ma 2 min read Sarthak Dogra Updated onJun 27, 2020, 10:34 IST Highlights For the longest time Jack Ma has enjoyed the top spot in the list of richest Chinese since long. The co-founder of Alibaba Group, however, has now been dethroned from his apex position. Reuters With a recent surge in valuation of Tencent Holding, Pony Ma is now the richest person in China . Tencent is China’s largest game developer and the company saw its shares propelling to over HKD 500 (~Rs. 4,870) for the first...
