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Jack Ma in Top 10, 23 Other Chinese Tech Titans Included in Forbes' 2016 List of 100 Richest in Tech

| Aug 16, 2016 09:51 PM EDT

Alibaba founder and CEO Jack Ma, hailed as Asia's richest tech billionaire based on Forbes' 2016 list of 100 Richest in Tech, attends the opening of a rural school in Guiyang in western China.

A total of 24 tech entrepreneurs and investors from China are included in Forbes' newly released 2016 list of 100 Richest in Tech, Global Times reported.

Out of the 24 Chinese tech entrepreneurs and investors, 19 are from mainland China, three from Hong Kong and two are from Taiwan, the report said.

Only two non-American citizens are on the top 10 of the list.

Founder and CEO of e-commerce giant Alibaba Group, Jack Ma, has maintained his title and remained as Asia's richest tech billionaire with $25.8 billion. The other one in the top 10 list is Ma Huateng (known as Pony Ma), founder and CEO of Internet media company Tencent, worth an estimated $22 billion.

The other Chinese woman among the five women in the list is from Hong Kong. Zhou Qunfei, the world's richest female tech founder, made a fortune through smartphone touch screen manufacturing. In 2015, Zhou became a billionaire after Lens Technology's IPO, and has a net worth of $6.4 billion.

Bill Gates, Microsoft founder, is still the richest tech billionaire, as well as the richest person in the world, whose wealth is estimated at $78 billion.

The second richest is Amazon founder and CEO Jeff Bezos with $66.2 billion, followed by Facebook founder and CEO Mark Zuckerberg, who moved up a notch, from fourth to third place, with $54 billion.

The Forbes list is dominated by Americans and Chinese with 75 percent of the tech giants coming from the two countries. A total of 51 tech investors and founders come from United States, the same number as last year, with 37 of them living in California.

Eight of the tech titans in the top 10 are from the United States.

The list showed five tech billionaires in Canada and four in Germany. The other 11 countries in the list have tech titans each with three or fewer members.

The combined worth of the list is estimated at $892 billion, representing a 6-percent growth on a year-on-year basis.

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