The full story of the disappearance of Alibaba founder Jack Ma

The full story of the disappearance of Alibaba founder Jack Ma

The Chinese billionaire founder of Alibaba, Jack Ma, has become the talk of the world and the media now, after he disappeared from the limelight more than two months ago, after calling for economic reform and criticizing his country's government.

The full story of the disappearance of Alibaba founder Jack Ma


According to international reports, Jack Ma, 56, has not appeared in any public place since he delivered a confrontational speech with officials last October in Shanghai, and as a result, regulators suspended the initial public offering of the financial technology giant Ant Group at the last minute. .


The Chinese entrepreneur did not attend the conclusion of the African talent show that he created to encourage entrepreneurs in the African continent, which he was to participate in, as a company executive delegated him.


But a spokeswoman for Alibaba said in statements to "Reuters" news agency, that the change was due to a conflict of dates, and refused to make any other statements.


The Chinese billionaire said in his statements in which he criticized the government, "The financial system today is the legacy of the industrial age, and we must create a new generation of young people, and we must reform the current system."


Then the Chinese authorities accused "Jack Ma" of monopoly, and opened an investigation against the giant Internet retailing group, for its monopolistic practices, and his net worth decreased by about 11 billion dollars since the end of October.


The co-founder of Alibaba, and a former English language teacher, is considered the second richest man in China, with an estimated wealth of more than $ 50 billion, ranking 25th in the world on the Bloomberg Billionaires Index.

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