![Jack Ma, founder of Alibaba, and China's most famous billionaire entrepreneur](https://s.wsj.net/public/resources/images/FN-AF071_FN_MA_M_20181025120919.jpg)
The world’s wealthiest individuals saw their collective wealth rise to record levels last year, with self-made tech billionaires living in China seeing some of the largest gains.
According to an annual report published jointly by UBS and PwC, the combined wealth of the world’s 2,158 billionaires rose to $8.9tn in 2017 — up 19% on the previous year.