NEWS: The Ma Yun family surpassed Xu Jiayin as the richest man in this year's Hurun ri

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Alibaba (BABA.N) founder Ma Yun's family became China's richest man with a wealth of 270 billion yuan, while Xu Jiayin, chairman of Hengda (3333.HK), ranked second last year with a wealth of 250 billion yuan, and Tencent (0700.HK) board chairman Ma Huateng was third, according to the Hurun Research Institute's official website on Wednesday.
Yang Huiyan, chairman of the board of directors of the Privet Garden (2007.HK), and Wang Jianlin, chairman of the Wanda Group, ranked fourth and fifth with wealth values of 150 billion yuan and 140 billion yuan, respectively. Robin Li, the founder of domestic technology giant Baidu (BIDU.O) and millet (1810.HK), ranked ninth and tenth respectively this year.
Wang Wei, chief executive of domestic express giant Shunfeng Holdings (002352.SZ), ranked one lower this year than last year, ranking seventh with $120 billion in wealth and tied with the Yan Hao family, chairman of the Pacific Construction Board.


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