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Chinese battery supplier Contemporary Amperex Technology Co’s Chairman Robin Zeng has zipped past Alibaba Group Holding (NYSE: BABA) co-founder Jack Ma to be the world’s twenty-fifth richest person, as per the real-time Forbes billionaires list. What Happened: The 52-year old billionaire, who has built a fortune supplying batteries to electric vehicle makers like Tesla Inc (NASDAQ: TSLA) and Nio Inc (NYSE: NIO), has a net worth of $50 billion.
...read full article on Benzinga