Jack Ma missing. Alibaba founder Jack Ma’s current status “Missing”: Read to know about his mysterious disappearance.
Alibaba founder-cum-Chinese billionaire Jack Ma is currently suspected to be missing. Alibaba founder-cum-Chinese billionaire Jack Ma is currently suspected to be missing midst conflict with the Chinese president Xi Jinping. He failed to show up to his own TV show after his criticizing remarks against china. Thus suspicion arose regarding his mysterious disappearance.
Jack Ma missing
As per the reports, it’s been over two months since Jack Ma had made an appearance in public after his criticizing remarks against the Chinese President Xi Jinping.
The speculations about his disappearance began when Jack Ma was replaced as a judge by an Alibaba executive in his own talent show, Africa’s Business Heroes. The reason stated for his absence was “schedule time conflict “quoted by an Alibaba spokesperson.
Jack Ma’s controversial speech
Jack Ma Jinping conflict
Jack Ma had delivered a speech in October 2020, where he criticized Chinese financial regulators and state-owned banks, “pawnshop financial regulators and state-owned banks.”
According to Jack Ma’s words in the speech, “Today’s financial system is the legacy of the Industrial Age”. He further added, “We must set up a new one for the next generation and young people. We must reform the current system”.
Jack Ma, a former English teacher, the man behind Alibaba and Ant Group has been missing and his companies were scrutinized after his criticism filled speech toward the Chinese government. His remarks included “old people’s club” which was used to address the global banking rules.
Jack Ma was restricted from leaving the country after Alibaba and Ant Group’s initial public offer (IPO) was suspended by the Shanghai Stock Exchange.
Jack Ma is one of the renowned and wealthiest men who is known for his generous distribution for charity which amount to more than USD 300 million.