Chinese billionaire Jack Ma has reportedly gone missing for two months, Yahoo Finance reported early Monday. The billionaire has not made any public appearance in the past several weeks since he criticized China’s state financial system and advocated reforms, leading to speculations about his whereabouts in the media.
The business mogul has also not tweeted from his official Twitter account in over 3 months after his last tweet on October 10, 2020. He recently failed to appear in the final episode of ‘Africa’s Business Heroes,’ a talent show of his Foundation in which 10 emerging African entrepreneurs are given a shared $1.5m (£1.09m) grant for pursuing their ideas.
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The Chinese billionaire was replaced as a judge in the final episode of the show by Alibaba’s co-founder Lucy Peng and his picture was also removed from the judging webpage, reported The Financial Times. The news report also quoted an Alibaba spokesperson who stated that Mr Jack Ma could no longer be part of the finale of the show due to a schedule conflict.
On 24 October, 2020, during a speech in a summit, the 56-year-old founder of the Chinese e-commerce giant had attacked the Communist nation’s banking system and called for reforms. Subsequently, a series of actions have been taken against Mr Ma’s companies including an antitrust investigation into Alibaba. The firm’s $10b (£7.3b) billion buyback programme in December 2020 failed to excite the market.
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