Wealth-X UHNW Valuation Update: Jack Ma’s Fortune Soars To US$25.4 Billion After Alibaba’s Blockbuster NYSE Debut | Wealth-X

Update: Jack Ma’s Fortune Soars To US.4 Billion After Alibaba’s Blockbuster NYSE Debut | Wealth-X

New York, 19 September, 2014 – Jack Ma saw his personal fortune swell by US$3.5 billion on Friday after shares of the company he founded, Chinese e-commerce giant Alibaba Group Holding, soared 38% above the initial IPO price of US$68 to close at US$93.89 on its first day of trading on the New York Stock Exchange.

via Wealth-X UHNW Valuation Update: Jack Ma’s Fortune Soars To US$25.4 Billion After Alibaba’s Blockbuster NYSE Debut | Wealth-X.

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