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    Home»News»Business»Billionaire Jack Ma, founder of Alibaba, found after 2 years ‘disappeared’

    Billionaire Jack Ma, founder of Alibaba, found after 2 years ‘disappeared’

    Joey LecheneBy Joey LecheneDecember 2, 2022No Comments3 Mins Read
    Billionaire Jack Ma, founder of Alibaba, found after 2 years ‘disappeared’
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    Businessman Jack Ma, who was the richest man in China several times since 2014, has been avoiding public life for more than two years. The last time he attended an event was in October 2020, when he criticized his country’s banking system and financial regulators during a forum in Shanghai. Their last tweet it is dated that day, and was virtually never heard from again afterwards.

    Three months later, in January 2021, Alibaba Group founder briefly reappeared during an online charity event. Ma took care of the details so as not to give away clues about his location, but a month later he was seen playing golf on the island of Hainan. In May of that year, his superyacht Zen was seen docking on the island of Majorca, Spainbut the billionaire was not confirmed to be on board.

    Since then there has been no more news from Jack Ma, who has remained out of the public eye for more than twelve months. Some said that he might have been secretly detained by the Chinese government, while others they doubted he was still alive.

    In May 2022, Ma was believed to have been arrested by the Chinese authorities, but it was all a mix-up. The simple rumor caused a 10% plunge in Alibaba shares.

    Alibaba shares plunge on alleged arrest of Jack Ma
    Source: Yahoo Finance

    To reassure the markets and his followers, the 58-year-old tycoon was seen again last July, when he visited the Wageningen University & Researchaccording to the Dutch institution on its website.

    Where does Jack Ma live now?

    A newspaper report Financial Timesassures that the billionaire has lived for six months in the center of Tokyo, the capital of Japan. According to sources cited by the newspaper, Ma would be accompanied by his family, he has a personal chef and is always under the care of a strict security operation.

    Read:  Katya Echazarreta wants all Mexicans to go to space, knows her project

    The informants say that he enjoys spending time outdoors, with trips to the countryside, to the hot springs and to the ski resorts of the Japanese country. They also revealed that in recent months he has made frequent trips to the United States and Israel, among other countries.

    The report details that Jack Ma leads a discreet and low-key life in the Japanese city. His social life centers around a few select private clubs, one of them in the heart of the exclusive Ginza neighborhood. The other is in the financial district of Marunouchi, opposite the Imperial Palace, and is frequented by other Chinese businessmen residing in Japan.

    Alibaba chinese government Jack Ma Japan chinese laws billionaires

    Author
    Editorial Team The editorial team of EMPRENDEDOR.com, which for more than 27 years has worked to promote entrepreneurship.

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