Alibaba's rise creates 10 billionaires, Jack Ma not included
He and his group have minted a network of people whose combined fortunes total more than US$52b
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Hong Kong
JACK Ma, who launched China's largest e-commerce company two decades ago and rode it to a US$47.6 billion fortune, turns out to have created billions of dollars of wealth for at least 10 others - a total of almost US$100 billion.
By investing directly in or partnering with companies that provide services for his online buying platforms - from payment systems to delivery companies - Mr Ma and his Alibaba Group Holding Ltd have minted a network of people whose combined fortunes total more than US$52 billion, according to the Bloomberg Billionaires Index.
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