Jack Ma tops the Hurun Rich List 2018

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Alibaba's Chairman Jack Ma addresses the Global Smart Logistic Summit. (File photo/China News Service)

Alibaba's Chairman Jack Ma and family top the Hurun China Rich List 2018, according to the latest version of the list.

With 270 billion yuan ($39 billion) wealth, Jack Ma's family dethroned Evergrande Chairman Xu Jiayin, whose wealth fell 40 billion yuan to 250 billion yuan, in the latest Hurun Rich List.

Tencent Chairman and CEO Ma Huateng with 240 billion yuan wealth took the third spot on the list.

Source: Xinhua