Chinese developer Hui Ka Yan becomes Asia's richest man
Chinese real estate giant Evergrande Group's Chairman Hui Ka Yan has become Asia's richest man with a net worth of $41.1 billion. Evergrande's stock, which increased by nearly five times in a year, climbed by 4.6% on Thursday. This puts him ahead of investment major Tencent Holdings' Chairman Ma Huateng, whose net worth is $39 billion.