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Billionaires who made and lost the most in 2014

Jack Ma
Lucy Nicholson | Reuters
Jack Ma

Here's some news that should cheer up Jack Ma from his funk. Of all the billionaires in the world, he had the biggest jump in his fortune this year.

In a volatile year for the world's rich, the Alibaba founder saw his fortune surge to $29.2 billion from just over $10 billion, according to Wealth-X. That 175 percent increase made him the biggest financial gainer of the year for billionaires, Wealth-X said.

Warren Buffett came in second place, with a gain of $13.5 billion in 2014, a 23 percent increase from last year, to push his fortune to US$72.6 billion. Bill Gates saw his net worth grow by US$10.5 billion in 2014 to reach US$83.1 billion.

The biggest loser, according to Wealth-X, was Russian energy tycoon Leonid Mikhelson, whose fortune shrank to $10 billion from $17 billion.

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Gainers

Rank #1 - Jack Ma
Net Worth in Dec 2013: $10.7 billion
Net Worth in Dec 2014: $29.2 billion
Gain: $18.5 billion, +173 percent

Rank #2 - Warren Buffett
Net Worth in Dec 2013: $59.1 billion
Net Worth in Dec 2014: $72.6 billion
Gain: $13.5 billion, +23 percent

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Rank #3 - Bill Gates
Net Worth in Dec 2013: $72.6 billion
Net Worth in Dec 2014: $83.1 billion
Gain: $10.5 billion, +14 percent

Rank #4 - Mark Zuckerberg
Net Worth in Dec 2013: $24.7 billion
Net Worth in Dec 2014: $33.1 billion
Gain: $8.4 billion, +34 percent

Rank #4 - Patrick Drahi
Net Worth in Dec 2013: $7.8 billion
Net Worth in Dec 2014: $12.9 billion
Gain: $5.1 billion, +65 percent

Losers

Rank #1 - Leonid Mikhelson
Net Worth in Dec 2013: $17 billion
Net Worth in Dec 2014: $10 billion
Loss: $7 billion, -41 percent

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Rank #2 - Masayoshi Son
Net Worth in Dec 2013: $19.1 billion
Net Worth in Dec 2014: $13.2 billion
Loss: $5.9 billion, -31 percent

Rank #3 - Lui Chee Woo
Net Worth in Dec 2013: $19.6 billion
Net Worth in Dec 2014: $14.1 billion
Loss: $5.5 billion, -28 percent

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Rank #4 - Jeff Bezos
Net Worth in Dec 2013: $34.4 billion
Net Worth in Dec 2014: $28.9 billion
Loss: $5.5 billion, -16 percent

Rank #5 - Sheldon Adelson
Net Worth in Dec 2013: $35.3 billion
Net Worth in Dec 2014: $30.1 billion
Loss: $5.2 billion, -15 percent