Chinese Billionaire Jack Ma Is Missing, And No One Knows What Happened To Him
Aadhya Khatri
Jack Ma, the Chinese billionaire, has been absent from the public eyes for over two months now and people are coming up with speculations as to why
- Jack Ma’s First Public Appearance In Months Brings $58 Billion
- Jack Ma Resurfaced After Months Of Disappearing, Looking Older And Tired
- Alibaba And Jack Ma Summoned By Indian Court Over Allegations Of Spreading Fake News In India
Jack Ma, the Chinese billionaire, has been absent from the public eyes for over two months now and people are coming up with speculations as to why he is missing, or if he is really missing.
Alibaba’s founder is thought to be missing after he failed to show up for the finale of Africa’s Business Heroes – his own talent show.
Another suspicious detail is that the show’s website took down his picture and replace it with a photo of another Alibaba executive.
What Happened?
Jack Ma has been missing since October 24 this year after he spoke out about what he thought was wrong with the way China was handling the financial supervision system. He said Chinese financial regulators were a club for old people who weren’t equipped to support China’s technology innovation.
While this might be just a coincidence, his absence reminds people of other incidents that happened to some Chinese businessmen that had spoken ill of Chinese systems. For instance, Ren Zhiqiang, an old real-estate tycoon, recently received a sentence of 18 years after he criticized the way the Chinese government handled the COVID-19 pandemic.
According to Business Insider, other critics have been arrested for raising their voices against China’s response to the pandemic. Some of the notable names are Zhang Xuezhong – a human-right lawyer, and a law professor named Xu Zhangrun.
10 days after his controversial speech, the legendary and billion dollar-worth IPO of Ant Group, another venture of Jack Ma, was suspended by Hong Kong and Shanghai exchanges.
China is no stranger to businessmen’s disappearance so the best we can do now is to wait and see how the whole thing plays out.
>>> Alibaba And Jack Ma Summoned By Indian Court Over Allegations Of Spreading Fake News In India