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Alibaba Group founder Jack Ma, who is one of the richest Chinese, is allegedly based in Hong Kong. The billionaire disappeared from view about a year ago.
About where Ma is located, reports Reuters, citing its sources. According to interlocutors, the billionaire recently had a meeting with business partners.
The publication notes that the founder of Alibaba was keeping a low profile after criticizing China’s financial regulators in October 2020. Authorities subsequently blocked the sale of his company’s shares.
Then, at the end of last fall, the billionaire disappeared from view, and appeared only once in public.
Jack Ma founded Alibaba in 1999. As a result, it has become the largest in the world for e-commerce and digital payments. The businessman’s fortune was estimated at $ 38.6 billion, he was ranked 21st in the ranking of the richest people in the world.
As reported OBOZREVATEL, in the fall of 2019, Ma resigned from the post of head of the board of directors of Alibaba.
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