Alibaba's Jack Ma is China's 3rd richest man

Shanghai - The net worth of China's ultra-rich surged this year with Evergrande real estate mogul Xu Jiayin's 43 billion USD fortune catapulting him to the top, a survey released Thursday said. An all-time high 2,130 people made the annual ranking of China's richest individuals compiled by Shanghai-based luxury magazine publisher Hurun Report, which lists all those in China with a net worth of 300 million USD or more.