Where is jack ma? Jack ma missing since october.
The internet is now trending with a serious question :Where is the business tycoon jack ma?
The Chinese billionaire has not made any public appearance since November last year, with which the mystery around his whereabouts has only deepened.
Tongues started wagging when Ma didn't appear in the final episode, aired in November, of his own talent show, 'Africa's Business Heroes', which gives budding African entrepreneurs an opportunity to compete to win $1.5 million.
The 56-year-old beleaguered billionaire was then replaced by Lucy Peng, an Alibaba executive, to judge the show and according to the company's spokesperson, Ma couldn't make it because of his hectic schedule, the Financial Times reported.
"Today's financial system is the legacy of the Industrial Age. We must set up a new one for the next generation and young people. We must reform the current system," he said in the speech. As per a report in the Wall Street Journal, officials in Beijing chided Ma and suspended ANT Group's IPO on the direct order of President Xi in November.
Meanwhile, Bloomberg reported that he was advised to remain in China following which an anti-monopoly probe was initiated in Ma's Alibaba Group Holding on Christmas Eve.
The investigation led to the company's shares drop by a quarter since their peak soon after Ma's October speech, wiping over $10 billion from his fortune. This resulted in him falling to third place on the list of China's richest people. Ma's current net worth is estimated at $63.1 billion, according to the Bloomberg Billionaires Index.
The Chinese regime also ordered ANT Group to scale back its operations, asking it to redress the company's insurance, lending, and wealth management services.

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