Net worth: $58.7 billion
Age: 55
Location: China
Industry: Tech
Source of wealth: Self-made; Alibaba Group
Net worth year-over-year change: Up $12.1 billion in the last year.
Jack Ma, the richest person in China, co-founded Alibaba Group, the country's largest e-commerce company. Alibaba runs Taobao, an online shopping site, along with Tmall, an online store facilitator. Ma served as the company's executive chairman until he stepped down in 2019.
Ma also owns stakes in two Chinese entertainment industry firms and an online payment service.
A former English teacher, Ma has recently been in the news because of his widespread donations to prevent the spread of the coronavirus, per BBC.