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Mar 02, 2021 06:47 PM EST
According to a list published on Tuesday, Alibaba s Jack Ma is no longer China s richest man. The Alibaba and Ant Group founder lost his title after his empire underwent scrutiny by Chinese regulators. 
Alibaba s Jack Ma no longer China s richest man
(Photo : Wang He/Getty Images)
HANGZHOU, CHINA - JULY 12: Jack Ma, founder of the Alibaba Group attends the 2017 forum on rural headmasters on July 12, 2017 in Hangzhou, Zhejiang province of China. The twenty rural schoolmasters from western China selected by the Jack Ma Foundation were awarded 500,000 yuan (about US$73,518) each one to support the rural education in China. ....

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