Wanda chairman Wang ousts Ma on Forbes list

The less-than-stellar performance of Alibaba Group Holding Ltd's business and shares helped Wang Jianlin, chairman of Dalian Wanda Group Co, to beat Jack Ma to the title of the richest man on the Chinese mainland on the 2015 Forbes Billionaires List.

Recapturing top position from Ma this year, Wang saw his personal wealth rise to $24.2 billion from $15.1 billion a year earlier, according to the rich list released on Monday.

And it was the first time that Wang caught up with American financier George Soros to tie for the 29th position on the world's rich list,