Alibaba CEO - Jack Ma became the richest man in Asia

Alibaba Group Chairman Jack Ma is officially overtaken billionaire Wang Jianlin - Dalian Wanda Group boss to become the richest man in Asia.

This change came after the financial branch of the Ant Financial Alibaba Group has mobilized enormous additional amount within the latest capital raising.

Specifically, billionaire Jack Ma has pocketed $ 4.3 billion more after the completion of the latest round of raising capital for financial companies Ant Financial, bringing his fortune to 33.3 billion according to figures Bloomberg statistics.

With this figure, the billionaire Jack Ma took Wang - who has total assets of $ 32.7 billion and Hong Kong tycoon Li Ka-Shing to 29.5 billion fortune to become wealthy man Asia has the most.

Currently, billionaire Wang ongoing restructuring of business entertainment conglomerate Wanda search methods simultaneously to increase the value of the real estate business.

Although this move may cause significant impacts to the property of the entertainment empire of companies, but many predict if the aforementioned plans succeed, Mr. Wang will soon regain its leading position from the hands of Jack Ma .

Meanwhile, Chairman Jack Ma currently owns 6.3% stake in Alibaba and 37.9% share of Ant Financial. Jack Ma also said that he is planning to IPO this company hoping to become the largest IPO transactions in China since 2010.