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Tencent Shares Gallop, Making Pony Ma China’s Richest Man

Ma Huateng, chairman of Tencent Holdings Ltd., became China’s richest man after shares in the Internet messaging company he co-founded leaped to a record.

The 42-year-old Ma, whose English name is Pony, has a net worth of $13 billion, according to the Bloomberg Billionaires Index. The title for China’s wealthiest person changed hands twice in 2013. Beverage billionaire Zong Qinghou was eclipsed in August by Dalian Wanda Group property and entertainment mogul Wang Jianlin. Robin Li, founder of the search engine Baidu Inc. edged Wang in December.