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Jack Ma, the Chinese millionaire who founded Alibaba and Ant Group, is suspected of “missing”. The 56-year-old businessman has not been seen in public for more than two months.
Today is Monday Yahoo Finance Citing the report Business Insider।
Business Insider China has recently put pressure on its business empire. Jack’s mother has been in the spotlight ever since. In late December, the Chinese regulator launched an investigation against Alibaba, the country’s largest e-commerce company. Some people call this company ‘Amazon of China’. Also, in November, China introduced several new rules.
Earlier, Jack Ma criticized China’s financial control system at a conference in Shanghai in October. A few weeks later, China introduced the new rules. At the conference, he described the global financial rules used by China as “a club for the elderly” and said that “we cannot use yesterday’s methods to control the future.”
Blair Silverberg, CEO of Debt Finance Startup Capital, in November Business InsiderWho said: “New rules have been introduced so the government can dominate Jack Marr.
The Financial Times According to the report, in November, Jack Ma was appointed as a judge for his renowned African talent show “Africa’s Business Hero.” Business Insider contacted authorities at the Talent Show to find out, but did not comment. But, an Alibaba spokesperson told Business Insider that Jack Ma will not be on the judging panel by the end of the show. Which was captured in November but has yet to be released “due to a scheduling conflict.”
When asked about Jack Marr’s current position, the spokesperson said: “We have nothing more to say.”
Jack Ma resigned as chairman of Alibaba in 2019.
Until recently, Jack Ma was the richest man in China with a net worth of more than £ 60 billion. Yet Jack Marr has lost $ 12 billion in the past two months as China tightens its rules on the fintech industry. According to the Bloomberg Billionaires Index, Jack Mar’s net worth today was £ 50.6 billion and he is the fourth richest person in China.
When news of Jack Marr’s suspicious ‘disappearance’ spread, another Chinese millionaire businessman’s prediction about him in August 2019 spread through social media.
Guo Wengui, who fled China in 2014, said in a video interview that Jack Ma would likely be jailed next year or could die. Because the Chinese government wants to “get back” its lucrative business.
Last week, the Chinese government claimed that the corporate activities of Ant Group, which owns Alipay, the country’s largest digital payment platform, were “incorrect.” Subsequently, the government ordered them to suspend their activities.
Asked about the comments of a spokesperson for Grupo Ant. Business InsiderHe didn’t say anything right away.
