New Delhi: Alibaba founder Jack Ma has been knocked off his perch as China's richest man by "new energy king" Li Hejun, according to the Hurun's 2015 Global Rich List.
Li, the chairman of China's largest privately-owned clean-energy company, Hanergy Holdings, is now the country's richest man, with a net worth of $26 billion. Last year, he was at the third spot.
Ma and his family have now slipped to the third spot, and No. 34 globally, on the Hurun Global Rich List, with a personal wealth of $24.5 billion. The second spot was held by Dalian Wanda Commercial Properties Co Ltd's Wang Jianlin and his family.
The interesting finding of the report was that just one of the world's top 20 wealthiest people came from Greater China though it minted more billionaires than anywhere else in the past year.
Microsoft Corporation founder Bill Gates topped the list of being the richest person of the world with $85 billion, beating Mexico telecoms tycoon Carlos Slim.
China, with 430 billionaires, accounted for more than anywhere except the US, which had 537. The next closest was India with a distant 97.
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