Jack Ma, the founder of Alibaba is the number one
financial gainer in 2014 and became the richest man in the continent, according
to private wealth consultancy, Wealth-X.
His fortune has swelled by a whopping $18.5 billion
this year to $29.2 billion, up173 per cent, largely due to Alibaba’s
blockbuster IPO in September and the subsequent strong performance of the
company’s stock.
Legendary investor Warren Buffett stood at second
place on the Wealth-X list of this year’s top gainers. The Berkshire Hathaway
chairman raked in $13.5 billion in 2014,
a 23 per cent increase from last year, to push his fortune to $72.6 billion.
Meanwhile, the world’s richest man, Bill Gates, saw
his net worth grow by $10.5 billion in 2014 to reach $83.1 billion, earning him
third place on the Wealth-X ranking of this year’s biggest gainers.
The top five biggest gainers of this year also
include, Mark Zuckerberg, ranked fourth on the list as his fortune rose by $8.4 billion to $33.1 billion, followed by telecommunications
company Altice’s founder Patrick Drahi whose fortune increased by $5.1 billion to $12.9 billion.
Wealth-X is the world’s leading ultra high net worth (UHNW) intelligence and prospecting firm with the largest collection of curated research on UHNW individuals, defined as those with net assets of $30 million and above.
Wealth-X is the world’s leading ultra high net worth (UHNW) intelligence and prospecting firm with the largest collection of curated research on UHNW individuals, defined as those with net assets of $30 million and above.
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