Alibaba founder Jack Ma Asia's richest

With a net worth of $28.6 billion, Jack Ma (50), the founder of China's biggest e-commerce company Alibaba, is Asia's richest person, according to the Bloomberg Billionaires Index published Friday. Overall, Microsoft co-founder Bill Gates has topped the index with a net worth of $85.4 billion. Reliance chairman Mukesh Ambani is the highest ranking Indian (32nd) on the list.

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