As a result, the company's capitalization grew by $ 42 billion, and its head, Jack Ma, the richest man in Asia, increased his fortune by $ 2.8 billion. , Reports Bloomberg.

Earlier, the founder of Alibaba Group, Jack Ma, walked around the head of Wanda Group Wang Jianlin and took the place of China's richest man in the ranking of Forbes magazine. The edition estimates its condition in $ 34 billion.

According to Bloomberg, now his state is estimated at $ 41.8 billion. He ranks 14th in the list of the world's wealthiest people, according to the Bloomberg billionaire index.

The condition of Jack Ma rose after the forecast for the growth of profits of China's largest online retailer Alibaba rose from 45 to 49%. This is the profit for the fiscal year ending in March. Shares of Alibaba, which holds a share of Ma, rose 13% to a record high (on Friday they opened at $ 142. 34).

Alibaba owns the largest in China e-commerce platforms, including the most popular of them - Taobao. The company brings buyers and sellers on these platforms, providing them with various services. Alibaba accounts for about 80% of the turnover of electronic commerce in the country.