Unexpected revelation about Jack Ma’s whereabouts: Living in Tokyo for the past 6 months

After a long period of silence and not appearing in public, the whereabouts of Jack Ma, the founder of Alibaba and once the richest businessman in China, has just been revealed by the Financial Times. Accordingly, Jack Ma has lived in downtown Tokyo, Japan for the past 6 months with his family.

Sources said that during Jack Ma’s time in Japan, he spent time going to hot springs and ski resorts in the countryside of Tokyo. In addition, Jack Ma also regularly travels to the US and Israel.

After the Chinese authorities implemented strict controls on technology companies, Jack Ma almost disappeared from the public. Two years ago, the billionaire criticized China’s financial regulators. However, soon after, Ant Group, a financial start-up spun off from Alibaba and directly led by Jack Ma, suspended its IPO plan. Currently, the company is still juggling the regulations of the Chinese authorities.

Even Jack Ma’s Alibaba is facing a series of obstacles related to antitrust regulations. This online sales site even suffered a record fine of up to $ 2.8 billion for monopoly behavior last year.

Since the incident, Jack Ma has made several public appearances in different countries, including Spain and the Netherlands. He spends little time in China as the world’s second-largest economy still maintains strict disease control measures.

According to the source, in Tokyo, Jack Ma barely attracts attention. He has his own chef and security team. Jack Ma’s social activities are mostly reserved for small groups of individuals in a club located in the heart of Tokyo’s lavish Ginza district and another in the financial district of Marunouchi, across from the Palace Royal.

The members revealed that the club in Ginza has busy activities but is mostly out of the public eye. It is for the wealthy Chinese living in Tokyo or those on long business trips. People involved with modern Japanese art say Jack Ma has become an active collector.

However, a close friend of the billionaire founder of Alibaba said he turned to watercolor during this time to pass the time. Others say that Jack Ma used his time in Japan to expand his business beyond the core digital finance and technology sectors. Much of Jack Ma’s power in Alibaba and Ant Group has been transferred to a new generation of leaders.

Jack Ma’s whereabouts have been the subject of much speculation since he appeared on the Spanish island of Mallorca last year. In July, Jack Ma also visited a university in the Netherlands to learn about sustainable food production. Previously, it was believed that Jack Ma was trying to find a sustainable solution to the food problem of China, a country of 1.4 billion people, with technology. This is also the priority of the authorities in this country.

Reference: Financial Times