Beijing, China.
The alarms go off China after the businessman the most famous dthat country and the symbol of “self-made man” for his countrymen, Jack Ma, disappear.
He Chinese businessman The 56-year-old has not been seen in the last two months since the beginning revenge from the Chinese authorities, decided A pull his wings.
Last week, the State Administration for regulation China Square shook the world Chinese business, Where Alibaba and its charismatic founder symbolizes the success of e-commerce, announcing that this internet giant will be investigated for “practices suspected of monopoly ”.
This former English teacher, officially ‘retired’ since last year Alibaba rreceived an offense from the financial regulators, who also contacted Ant Group, a subsidiary of Alibaba, the world leader in online payments and termsl Ma is the oldest shareholder, to talk about “Supervision and advice”.
This happened a few weeks later Beijing frustrates at the last minute the company’s IPO, with which Jack Ma he believed his fortune would exceed $ 70,000 million (60,000 million euros).
This fiasco has cost billions Jack Ma, even made him lose the title of the first fortune in China, estimated at $ 58 billion.
The power of the president Xi Jinping seems determined to fight against the monopolistic tendencies of private groups as well Alibaba, whose online sales platforms are used by hundreds of millions of Chinese.
An unprecedented failure for this millionaire, who predicted before anyone the evolution of his compatriots towards e-commerce through co-founding Alibaba in 1999.
Chinese media often remembers his humble origins, a father who suffered to feed them family, their poor school results and poorly paid small jobs until creation Alibaba in an apartment in Hangzhu, eastern China, with a capital of $ 60,000 that he borrowed from friends.
Jack Ma (whose Chinese name is Ma Yun) decided to leave his university professorship after that discover the internet and the opportunity for companies to change them goods online.
This man quickly understood the potential smart phones and was the pioneer, with its Alipay service, of mobile electronic payment, now ubiquitous in China, gaining a visionary reputation.
Michael Jackson and the Communist Party
“The first time I used the internet, I typed and said to myself, ‘This is something that will change the world now. Chinahe told CNN.
Take-off of the online trading platform Alibaba, Taobao, forced the American eBay practically withdraw from the Chinese market in 2006, leaving room for its rival.
Jack Ma is known for eccentricities, in a pretty serious world of Chinese business. Much admired by his employees, he was often compared to Steve Jobs, the legendary co-founder of Apple, aAlthough his style is more relaxed.
The atypical and successful businessman is at the same time a follower of tai chi, a traditional Chinese gymnast for inner and physical balance, took to the stage at a party dressed in Michael Jackson and is a member of the very austere Chinese Communist Party (CCP) to power.
From Davos to Wall Street, he shrugged world personalities and promised a Donald Trump create one million jobs andIn January 2017, when the American billionaire was about to enter White House.
See: They are calling for Trump’s investigation into pressure from senior officials to reverse the results
Then he withdrew that promise, using the argument trade war launched by Trump against China.
In September 2018, Jack Ma aHe announced that he would retire a year later, when he turned 55, to dedicate himself to philanthropic projects in the field of education, which was reminiscent of the path followed by one of his models. Microsoft, Bill Gates.
His rise has always earned criticism and hostility at the top communist party.
Jack Ma Perhaps he will have to rethink the slogan that led his career and which he made clear in 2007 in Davos, the world financial event: “My philosophy is to be in love with power without marry him. “