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What's the Conspiracy Behind Missing Chinese Billionaire Jack Ma?

Jan 04, 2021

Jack Ma, the co-founder and former executive chairman of Alibaba Group, a multinational technology conglomerate is suspected to be missing. The richest man of China has not made a public appearance in the last two months. This is suspicious as he was in direct conflict with the Chinese President Xi Jinping’s led ruling communist government.

He was last supposed to make an appearance as a judge in the final episode of his own talent show, ‘Africa’s Business Heroes’, but did not show up, this resulted in all his photographs being removed from the show’s website.

The Chinese businessmen came into conflict with the Chinese government after giving a speech in Shanghai back in October, last year.

Calling for reform in the system that 'stifled business innovation', he was critical of the global banking regulations and compared them to an 'old people's club'.

The Chinese government was angered by this speech, as it was perceived as an attack on the authority of the Communist Party.

The Chinese government even went ahead to suspend Ma's $37billion initial public offering of his Ant Group on the direct order of President Jinping, the Wall Street Journal reported.

Following the events, Ma was strongly advised to stay in China before he launched an anti-monopoly investigation into his Alibaba Group Holding on Christmas Eve.

People are speculating on Twitter on how this could possibly set a dangerous precedent for China:

Tags: Chinese Billionaire Jack Ma  Jack Ma missing  conspiracy theories  Chinese Billionaire  Owner of Ali Baba Group  Chinese government  

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