# In June, 2020 who became the richest man of China, replacing Jack Ma for the top spot? with Answer - World Current Affairs MCQs | TestPrep

> Solved MCQ: In June, 2020 who became the richest man of China, replacing Jack Ma for the top spot? Correct Answer: B. Pony Ma. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# In June, 2020 who became the richest man of China, replacing Jack Ma for the top spot?

Direct Answer & Quick Reference

The correct option is **B. Pony Ma**.

PUBG Owner Pony Ma Beats Alibaba’s Jack Ma To Become China’s Richest Person. Just this week, the gaming giant bagged an increase of $40 billion, reshuffling its co-founder, Pony Ma...

A. Zheng Hai

B. Pony Ma **(Correct Answer)**

C. Le Xin

D. Bang Won

✨ Explain with AI

Verified Key: B. Pony Ma
Solved by 3,811+ students

**Detailed Explanation & Reference:**

PUBG Owner Pony Ma Beats Alibaba’s Jack Ma To Become China’s Richest Person. Just this week, the gaming giant bagged an increase of $40 billion, reshuffling its co-founder, Pony Ma as the richest man in China. Tencent’s Pony Ma now stands 1st with a worth of $50 billion, pushing Alibaba’s Jack Ma’s $48 billion fortune to the second spot. In 2018, China had put a hold on the approval process for new games. This hampered the performance of Tencent to a great extent. However, the stocks almost doubled since then. Just last month, the tech giant reported a 26% jump in first-quarter revenue.

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