But where did Jack Ma go? The Chinese billionaire, creator of the e-commerce website Alibaba, has not been seen since early November, the Financial Times reports.
In November, however, the businessman should be a member of the jury for the finals of Africas Business Heroes, a program with which entrepreneurs from the African continent can present projects and win $ 1.5 million. . He was eventually replaced by an executive from Alibaba. His last tweet is from October 10, 2020.
Target of Chinese power?
Coincidentally, the 25th richest man in the world (Bloomberg ranking) has been reported as 'missing' since a speech on October 24th that was particularly critical of his countrys financial regulators.
Would Jack Ma have become the target of the communist regime then? After his speech, the self-made man who withdrew from Alibaba in 2019 was definitely the subject of financial sanctions. Beijing has also extremely canceled the IPO of Ant Group, the worlds leading online payments company, whose largest shareholder is the 56-year-old businessman. A fiasco that would have cost him his title as the first fortune in China despite a $ 58 billion mattress.
Beijings Most Recent Attack: On December 24th, the government announced an anti-monopoly investigation into Alibaba, an e-commerce juggernaut founded by Jack Ma in 1999 and since then the largest group in Asia after its rival and compatriot Tencent.
And yet no reaction from Jack Ma.