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5.1.21

Chinese billionaire, Jack Ma, missing weeks after criticising Chinese financial system



Chinese billionaire and Alibaba founder, Jack Ma, has reportedly not made a public appearance in at least two months after he gave a speech in October challenging China’s regulation system. He failed to turn up for the finale of an African talent show he created and his absence has led to speculation that he could have gone missing.

Jack Ma was one of the judges for “Africa’s Business Heroes," a television show he created to give promising African entrepreneurs a shot at winning US$1.5 million to create their own business. A spokesperson for Alibaba disclosed that the billionaire was unable to take part on the judging panel “due to a scheduling conflict”. His whereabouts is being questioned as his business empire, Ant Group, has come under attack by the Chinese Government following his speech  challenging China’s regulation system.



Read more details at Reuters


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