Tencent's Pony Ma replaced Jack Ma to become China's richest person with $50 billion
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Tencent Holdings Ltd, China's largest game developer has surpassed Alibaba Group Holding Ltd as Asia's most-valuable company. And with the latest development Tencent’s Pony Ma, worth $50 billion, has surpassed Jack Ma’s $48 billion fortune, becoming China's richest person. The pandemic has accelerated the digitization of the workplace and changed consumers's habits, boosting shares of many companies.