Jack Ma the 56-year-old owner of Alibaba and the Ant group has been reported missing. He had not been seen publicly for over 2 months. Ma was the center of attention in China recently as a Chinese regulator launched an anti-trust investigation to his brainchild Alibaba which is known as the Amazon of China.
Where did it all start?
Everything started going down the hill when Ma heavily criticized China’s financial regulatory system at a conference in Shanghai last October.
Ma publicly referred to the Global financial regulations used in China as “an old people’s club” and said “We can’t use yesterday’s methods to regulate the future”
The Antitrust Investigation
In November, China had introduced a series of new regulations that put a halt to what would have been the massive initial public offering of Ma’s fintech company, Ant Group. The Antitrust investigation started in late December on China’s biggest e-commerce platform, Alibaba.
When did we start to notice?
The head-scratching started in November when Jack Ma was replaced as a head judge on the African talent show he founded, “Africa’s Business Heroes”. The talent show did not reply immediately to the requests for comment, later on, mentioned that he couldn’t be a part of the show due to a scheduling conflict.
Guo Wengui’s Prediction on Jack Ma
Back in August 2019, Guo Wengui made a prediction on Jack Ma and this statement has been resurfaced since the talks of Jack Ma’s disappearance.
In the video interview Wengui mentions that Jack Ma would likely end up in jail or dead in the next year because China wants to “take back” Ma’s lucrative Ant Group.
Do you think the prediction will come true? Or do you think he’s on a long vacation staying away from all the noise?