World Economy

China’s New Richest Man

China’s New Richest ManChina’s New Richest Man

A Chinese solar energy tycoon has replaced e-commerce giant Alibaba’s founder Jack Ma as the country’s richest man with a fortune of $26b, a wealth survey showed Tuesday, France24 reported. Li Hejun, founder and chairman of Beijing-based Hanergy, saw his wealth nearly triple from a year ago, according to the Hurun Report’s Global Rich List 2015. His global ranking went up 108 notches to number 28.