Where is Jack Ma? The rise and fall of China’s superstars

Where is Jack Ma?  The rise and fall of China's superstars


Missing: Jack Ma
Picture: Reuters

The founder of Alibaba made the Internet business bigger in China. Jack Ma looked almost bigger than the country and the party. Now a man with an estimated fortune of $ 50 billion has disappeared. Looking for clues.

aWhen a golden elevator opens in a skyscraper on New York’s Fifth Avenue on January 9, 2017, two entrepreneurs step outside for whom it cannot go higher. One is Donald Trump, who became the 45th President of the United States. The other is Jack Ma. “A major figure” “in relations with China”, as the television channel CNBC commented live.

“Jack” will create “one million jobs” in the US, Trump announced in front of the cameras. This is how many small business owners want to connect Ma’s trading platform Alibaba, which is listed on the New York Stock Exchange, with China’s billion-dollar consumers. Trump, who threatened China with a trade war during his election campaign, wrapped himself with Chinese, came into the headlines from the trade newspaper “Barron”: “What Jack Ma Xi Jinping Can Teach.”

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