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Ma will probably be worth 10 billion which can be ranked No. 5 to the Forbes’ list of billionaires in the China. Inside the 2007, he became manager away from TCH Pi Minimal regarding the BVI having fellow Tencent maker Zhang Zhidong. According to the ICIJ files, the brand new BVI companies appear to be associated with his Tiens Class conglomerate, with welfare inside biotechnology, tourism, e-business and you may a home. Overseas Leaks information tell you Fu — that has purchased yachting nightclubs and you can golf programmes for the mainland — managed no less than five offshore businesses established in the fresh BVI between 1997 and you may 2000.

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The new released overseas information were specifics of a great BVI organization fifty per cent owned by President Xi’s sis-in-law Deng Jiagui. The new partner from Xi’s older cousin, Deng try a good multimillionaire a home developer and a trader inside metals utilized in phones or any other electronics. The fresh ICIJ party spent months searching through the files and also the leaked lists away from overseas pages.