Jack Ma (57), the founder of Alibaba, China’s counterpart to Amazon, is back. He anchors off Mallorca with his XXL yacht. The tech billionaire’s ship is worth CHF 183 million. Jack Ma, one of China’s richest men with a fortune of around $ 39 billion, disappeared in late October 2020.
In January he showed up briefly to take part in an event organized by his foundation via video link. Nevertheless, there was still cause for concern, because it was rumored that the billionaire who Federal Councilor Ueli Maurer (70) met in China last year could be kidnapped or arrested.
After criticizing the regime: Alibaba billionaire just disappeared(01:19)
Billionaire criticized China
Because the founder of the online mail order company Alibaba had infuriated the communist regime in the fall of last year. Among other things, he is said to have said at a financial forum in Shanghai that the Chinese financial system has no system and that excessively strict regulations would hinder economic and technical progress.
He then disappeared until January – and then dived again. Now he’s been spotted again – on Mallorca.
But what is he doing there? The Hong Kong magazine “East Week” reported that Jack Ma traveled to Spain on a sailing holiday with his billionaire friends and business partners at the weekend.
Golf in Mallorca
The South China Morning Post, which was bought by Alibaba, published an article that said Ma was on a “study trip” in the fields of agriculture and technology related to environmental issues in Spain. The “Bild” in turn reports that he is doing lively golf course hopping. (euc)