Chinese billionaire Jack Ma has not been seen for more than two months after publicly attacking Beijing’s financial officials, even according to his reports.
The founder of Alibaba came under fire in October for a speech in which he attacked China’s financial regulatory system to stifle innovation and called for the reform of what he calls an ‘old people’ club. The Telegraph noted.
Within days, Chinese regulators halted a $ 37 billion stake in Alibaba’s financial subsidiary, Ant Group, and launched an anti-monopoly investigation into Ma’s e-commerce giant known as the “Amazon of China”.
Mom has not been seen in public since his controversial speech, The Telegraph said, and his last tweet was even earlier in October.
Speculation began to creep in about where he was when he failed to act as a judge in the finale of a TV show he created with ‘Apprentice’, ‘Africa’s Business Heroes’, the British Financial Times (FT) reported noticed.
One of his last tweets was about the show, with Mom being one of the finalists, “I can not wait to meet them!”
In addition to being replaced for the final, Mom’s photo was removed from the judges’ website, and he was not left out in a promotional video, the FT said about the final, which was filmed in November but would not yet be fully aired. not.
An Alibaba spokesman blamed a ‘scheme conflict’ for missing the final of his own program, which he tweeted excitedly, the FT said.
“We have nothing further to add,” a spokesman for Business Insider said.
Business Insider had China’s richest man before the scandal and was worth more than $ 60 billion.
Its net worth has since suffered a $ 12 billion slump over the past two months when regulators applied its businesses, and it is now the fourth richest person in China, according to the Bloomberg Billionaires Index.