Alibaba Founder Jack Ma gains â¹8,300 crore in a day
E-commerce giant Alibaba's Founder and Executive Chairman Jack Ma gained over â¹8,300 crore ($1.3 billion) on Friday after the company reported earnings for the quarter ended June 30. Alibaba posted a net profit of $2.1 billion, up 96% from the previous year and also reported a revenue growth of 56%. Ma is now worth an estimated $38.2 billion. 