News Snapshot:
China added 307 billionaires in the past one year with the list of the country’s richest persons now headed by its “bottled water king”, followed by the founder of TikTok and then by the country’s “battery king”, the annual Hurun list of the wealthy revealed on Wednesday. New energy propelled eight of the 10 fastest rising wealthy persons, while embattled property moguls and those facing regulatory scrutiny including the high-profile Jack Ma, who had once topped the Hurun list for three consecutive years, slipped down the ladder, the new rankings revealed. Tencent Holdings’ Pony Ma, and Jack Ma, founder of...
