Meet man who was much richer than Mukesh Ambani, Ratan Tata, Adani, went missing for months, he is now…Back in the day, he was the richest person in Asia with a staggering net worth of $61.7 billion until three years ago when Mukesh Ambani dethroned Ma and reclaimed his spot as Asia's richest person. Back in the day, he was the richest person in Asia with a staggering net worth of $61.7 billion until three years ago when Reliance Industries chairman Mukesh Ambani dethroned Ma and reclaimed his spot as Asia's richest person. Currently, Ma's net worth stands around $30 billion, which is less than half of the $61 billion peak recorded in 2020. According to records from the China National Enterprise Credit Information Publicity System, Ma invested around $1.4 million in a small company called "Hangzhou Ma's Kitchen Food" during the latter half of 2023. His outspoken criticism of China's regulatory system drew scrutiny, which further led to the suspension of Ant Group's highly anticipated IPO in 2020.

Source: dna June 28, 2024 02:04 UTC