#20 Ma Huateng

Profit fell 89% in the three months to March 31

U.S. stock indices have been on a tear for the past two months despite the pandemic. That’s lifted the fortunes of the world’s wealthiest.

Colin Zheng Huang has built a different kind of e-commerce company. Shares of Pinduoduo have more than doubled since mid March this year.

The Chinese e-commerce giant became a go-to place for many people to buy groceries online during coronavirus-induced lockdowns thanks to reliable deliveries arranged by its in-house logistics unit.

China is home to the world’s second-largest number of billionaires after the United States.

Though former China Communist Party leader Mao Zedong famously said, "Women hold up half of the sky," gender imbalances persist in board memberships.

Shares of Ma Huateng's internet gaming giant rose 14% so far this year to the highest in two years, thanks to strong demand for its mobile games during coronavirus lockdowns.

India's recent amendment to its foreign direct investment policy is a move widely considered to be an effort to rein in any potential takeovers from China.

Alibaba's Zhang Yong came in No. 2

Wealth of Li Ka-shing, Jack Ma also drops.

C-Mer's shares soared 58% in Hong Kong today

Il recente saliscendi delle azioni di Tencent ha permesso al suo co-fondatore di essere tra i 10 miliardari più ricchi del mondo (per poco). Mentre la sua società ora capitalizza in Borsa più di Facebook.

Ma Huateng is Asia's richest man

Ma Huateng è il co-fondatore di Tencent e ora sta scalando la classifica degli uomini più ricchi al mondo. In un giorno ha guadagnato 952 milioni di dollari.

Alibaba's Jack Ma is No. 2

Tencent boasts an array of popular products and services including WeChat