After $5.8b rout, Ambani hands over Asia's richest crown to Jack Ma

After $5.8b rout, Ambani hands over Asia's richest crown to Jack Ma

Mukesh Ambani Photographer: Simon Dawson/Bloomberg

Indian energy tycoon Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks.