Jack Ma,very shortly going to add another $ 7 billion to his net worth , apart from the latest $2.8 billion in a day

Jack Ma’s net worth surged $2.8 billion overnight as Alibaba Group Holding Ltd forecast sales growth that topped every analyst’s estimate, despite China’s decelerating economy. Shares in Alibaba, where Ma is chairman, rose 13% to a record high.
Ma, 52, is now the richest person in Asia and 14th wealthiest in the world, according to the Bloomberg Billionaires Index. His net worth has climbed $8.5 billion this year to $41.8 billion.
The latest surge came after China’s largest e-commerce company forecast 45 to 49% revenue growth in the year ending March, demonstrating how investments beyond online shopping are paying off.

Now the market cap is $ 344 Billion but shortly we will going to see over $ 450 Billion.


Last month it closed above the breakout level of $ 120 and now @ $139.44
 but the target price for the breakout is  $180--185

Popular posts from this blog

Parachute ki Kasam

Why your attitude is more important than your intelligence.

Steve Jobs Asked One Profound Question That Took Apple From Near Bankruptcy To $1 Trillion