Jack Ma: Billionaire’s whereabouts unknown after conflict with Chinese government

Jack Ma: Billionaire’s whereabouts unknown after conflict with Chinese government

- The whereabouts of business mogul and the founder of Alibaba Jack Ma has become worrisome

- Concerns about the Chinese billionaire started after he failed to appear as a judge in the final episode of his talent show

- The tech billionaire had earlier called out the Chinese government’s financial regulators while advocating for reforms

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The Chinese Billionaire Jack Ma's whereabouts are unknown for two months now since he made a controversial speech against Xi Jinping's government.

The tech billionaire and the founder of Alibaba had accused Xi's Central Communist Party (CCP) of stifling innovation.

The business mogul called out the government’s financial regulators and state-owned banks likening them to 'old peoples club' championing for reforms.

Jack Ma: Chinese billionaire’s whereabouts unknown after conflict with Jinping’s gov’t
The billionaire’s whereabouts are unknown after a conflict with the Chinese government. Photo credit: Liu Yang
Source: Getty Images

The speech is reported to have irked the Chinese government which reciprocated by clamping down on his business activities.

Serious concerns about his whereabouts began when he failed to appear as a judge in the final episode of his own talent show, Africa’s Business Heroes.

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Subsequently, his photos were also removed from the show's official website raising eyebrows.

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Meanwhile, Legit.ng reported that the founder of Alibaba Group, on Monday, April 20, revealed that he is making donations of more equipment to Africa in the war against coronavirus pandemic.

The rich businessman said that he will be making their third donations to Africa. In his tweet, he said the donated resources will include 300 ventilators, 4.6 million masks, 200,000 clothing sets, 500,000 swabs and test kits.

Others in the list are 2,000 thermals guns, 200,000 face shields, 100,000 body temperature scanners, and 500,000 pairs of gloves.

In a related development, China's richest man and founder of the e-commerce conglomerate Alibaba, donated 100 million Yuan (N5,225,827,550) to help scientists develop a vaccine for coronavirus.

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The billionaire earmarked 40 million yuan (N2,090,331,020) for two Chinese government research organizations, whose experts are striving to create the vaccine.

The announcement of the generous aid was announced through Ma's foundation as the outbreak in the Chinese accelerated.

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Source: Legit Newspaper

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