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China's list of richest people released

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(WTXL) - China's list of the richest people in the world released finding that 36% of the world's billionaires come from China.

On the top, 59-year-old Xu Jiayin, a Chinese real estate developer with a fortune of $43 billion dollars.

Alibaba's jack ma fell down one spot to third place after his wealth dropped 2 percent to $30 billion dollars.

The biggest jump was seen by one of the youngest on the list: 34-year-old Zhang Yimingi who founded news aggregator app Toutiao. He jumped up 1350 percent and is now China's 88th richest person.