The wealth of property tycoon Hui Ka-yan soared by $32.7bn last year, according to a ranking by Forbes magazine, making the Evergrande chair China’s richest man with a total net worth of almost $43bn.
Pony Ma, founder and chair of Chinese tech giant Tencent, is number two on this year’s list with a net worth of $39bn, up 60 per cent from a year ago.
Alibaba’s Jack Ma, China’s second richest person in 2016, held on to third place with a fortune of $38.6bn.
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