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Where is Jack Ma? Billionaire Missing Since October 2020
Chinese billionaire Jack Ma has been missing in action. The Alibaba founder has reportedly not been seen in public since October, the same time when he had hit out at the ruling Communist regime in China.
Speculation peaked recently after the 56-year-old founder also failed to appear in the final episode of his own talent show, ‘Africa’s Business Heroes’. The show is aimed at giving budding African entrepreneurs a space to compete for a US $1.5 million prizes.
The Financial Times reported that he was replaced as a judge in the show’s finale, and his picture was also removed from the webpage. It also added that a promotional video, sans Ma, was aired.
Ma was apparently replaced by an Alibaba executive in the November final. The Financial Times quoted an Alibaba spokesperson as saying that Ma was unable to take part on the judging panel “due to a schedule conflict”
Ma, who has over 612K followers on Twitter, last posted on the micro-blogging platform on October 10. In his tweet, he spoke of his partnership with the Duke and Duchess of Cambridge – Prince William and Kate – and their association with the Earth shot Prize that fetes climate change warriors.
I am honored to partner with HRH The Duke of Cambridge @KensingtonRoyal & other global leaders and organizations to support the @EarthshotPrize and tackle the environmental challenges we all face. Together, we can protect our planet from climate change! https://t.co/0ax1imIZMC pic.twitter.com/EN6yissNGI
— Jack Ma (@JackMa) October 10, 2020
In early November, Beijing cancelled the IPO of Ant Financial, while in late December, Chinese regulators announced that they would launch an antitrust investigation into Alibaba’s e-commerce business, as well as enforce new rules to curb Ant’s business activities. These new enforcements led to a decline in Alibaba’s shares and Jack Ma’s personal wealth.
The embattled billionaire has not been seen in two months and speculation has swirled around his whereabouts.
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