China’s Hui Ka Yan Becomes Asia’s Richest Man

Hui Ka Yan, the chairman of big China real estate developer China Evergrande Group, has become Asia’s richest man according to the Forbes Real-Time Billionaires List.

Among mainland Chinese, Hui’s estimated fortune of $42.2 billion puts him ahead of Tencent Holdings Chairman Ma Huateng ($39.1 billion), Alibaba Group Chairman Jack Ma ($38.9 billion), and Wanda Group Chairman Wang Jianlin ($30.4 billion). Ma Huateng currently ranks second in Asia and Jack Ma third.
Important Takeaways from Above News-
  • Forbes magazine was founded 100 years ago on September 17, 1917, by B.C. Forbes.
Source- The Forbes

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