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Ma is worth ten billion which can be rated No. 5 on the Forbes’ set of billionaires within the Asia. Inside the 2007, he turned into movie director away from TCH Pi Restricted from the BVI that have fellow Tencent founder Zhang Zhidong. Depending on the ICIJ documents, the brand new BVI organizations appear to be linked to his Tiens Category conglomerate, which includes interests in the biotechnology, tourist, e-business and you can a home. Overseas Leakages facts let you know Fu — who’s purchased yachting nightclubs and you can tennis courses to the mainland — regulated at the very least five overseas organizations created in the brand new BVI anywhere between 1997 and you will 2000.
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The brand new leaked offshore facts are details of a BVI organization fifty percent owned by President Xi’s sister-in-law Deng Jiagui. The newest partner from Xi’s elderly sibling, Deng try an excellent multimillionaire home developer and an investor in the gold and silver used in mobile phones or any other electronics. The fresh ICIJ people invested months sifting through the data and the leaked directories out of offshore pages.