Clara Wu Tsai and Joseph Tsai. Tsai is Alibaba’s second-largest individual shareholder after Jack Ma, with a 1.7% stake that accounts for the majority of his $11.5 billion fortune. Earlier in the year he added women’s basketball team New York Liberty to his sports portfolio. 1: Lee Shau Kee Edges Out Li Ka-Shing As City's Richest PersonTsai and his wife Clara are also active philanthropists, through individual efforts and their Joe and Clara Tsai Foundation, based in California. He followed this with another, undisclosed sum in 2017 to finance construction of Yale’s Tsai Center for Innovative Thinking, which is due to open later this year.

Source: Forbes February 05, 2020 21:22 UTC