Alibaba's rise creates at least 10 billionaires not named Jack Ma

Jack Ma and Alibaba have minted a network of people whose combined fortunes total $52 bn

graph
Bloomberg
Last Updated : Nov 14 2017 | 1:45 AM IST
Jack Ma, who launched Alibaba two decades ago and rode it to a $47.6-bn fortune, turns out to have created billions of dollars of wealth for at least 10 others — a total of almost $100 bn. 


By investing directly in or partnering with firms that provide services for his online buying platforms Ma and Alibaba have minted a network of people whose combined fortunes total $52 bn, according to the Bloomberg Billionaires Index.


Next Story