Jack Ma, the 56-year-old billionaire founder of Alibaba and Ant Group, who failed to appear for the final episode of his own talent show in November, has not made a public appearance in over two months, according to reports. It is little mystery that his whereabouts of the billionaire amid his ongoing conflict with the Chinese government.
Ma was supposed to appear as a judge in the final episode of the talent show, Africa’s Business Heroes, but failed to turn up for it, reported the UK Telegraph. The 56-year-old was replaced by an Alibaba executive in the final episode of the show, which gave budding African entrepreneurs the chance to compete for a prize of $1.5 million. Even Ma’s photos were taken off the show’s website and he was left out of a promotional video for the show.
Just a few months ago the Chinese government had stopped an IPO of his Ant Group after the billionaire criticized China’s financial regulators and state-owned banks in October.
The country’s government has also launched an anti-monopoly investigation into Alibaba in December 2020 after regulators earlier told Ant Group to restructure its operations.