Revealing the life of billionaire Jack Ma in 2 turbulent years

According to the Financial Times , Alibaba e-commerce empire founder Jack Ma is said to have been living in Tokyo for the past six months. He and his family live in a resort on the outskirts of Tokyo and often travel to the US and Israel.

During his time living in Japan, Mr. Ma always had his own chef and bodyguard and limited his public activities, the Financial Times source said.

All of his social activities here revolve around a number of exclusive clubs, including one in the Ginza district – a famous and secluded social center frequented by wealthy Chinese. frequented when residing long term, or having a long business trip to Tokyo.

Jack Ma also spends a lot of time on art activities. He is now turning to watercolor painting and collecting art to pass the time.

Mr. Jack Ma was once the most famous billionaire in China (photo: CNN).

Once the most prominent of China’s generation of high-tech billionaires, Jack Ma has become more reclusive since he publicly criticized China’s financial regulator at a conference in Shanghai. in 2020.

Since that speech, the two business empires he founded, Alibaba and Ant, have been hit hard. Alibaba was subject to a record high monopoly fine of 18 billion yuan (equivalent to 2.75 billion USD), and was placed under strict “control” mode by the regulator.

Just a few days after the critical speech, Ant Group’s $37 billion IPO deal, believed to be the world’s largest, was suddenly suspended by the authorities at the last minute. The fintech company was subsequently restructured, subject to tighter regulatory scrutiny. Billionaire founder Jack Ma was forced to divest, giving up control of the company.

Since that time, Jack Ma has barely appeared in public. He also quietly withdrew from all public activities, including educational activities and the charity that bears his name. He has now transferred most of the power at Alibaba and Ant Group to a new generation of leaders.

His Twitter page has also been completely silent since the end of 2020. The last time he posted on Twitter were tweets about his philanthropic activities in Africa.

Instead, he is said to have appeared in various parts of the world from time to time. In addition to Tokyo, Jack Ma is also seen appearing in Hong Kong, the Netherlands and Spain.

Last summer, a number of Spanish newspapers reported that Jack Ma was photographed while playing golf in Mallorca (Spain). His superyacht, Zen, sailed along the northwest coast of Mallorca for a few days and arrived at the port of Andratx. It also anchored near a seaside town in Santa Ponsa. This is his first trip abroad since he was tightly controlled by Chinese regulators.

El Pais newspaper also reported that Jack Ma had visited the Balearic Islands in Spain with many Chinese businessmen and security personnel.

This past July, he is said to have visited a university in the Netherlands to learn about sustainable agricultural production.

According to Financial Times, Reuters, Majocar