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Tencent CEO Pony Ma loses $14 bn amid China's tech crackdown, more than Jack Ma
short by Kiran Khatri / on Wednesday, 4 August, 2021
Tencent CEO Pony Ma's net worth has fallen the most among Chinese billionaires, since China's crackdown on its technology sector began in November with the suspension of Ant Group's IPO. His net worth has fallen by nearly $14 billion to $45.8 billion, according to Bloomberg. Meanwhile, Alibaba Group and Ant Group Co-founder Jack Ma's fortune has fallen by $13.2 billion.
read more at BloombergQuint