Billionaire entrepreneur ‘missing’ after criticizing Chinese government l | JPNN.us

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into the mystery now surrounding tech tycoon jack ma the billionaire founder of china’s giant online retailer alibaba has not been seen in public since october when he blasted chinese regulators in a speech that drew fire from china’s leaders and rebecca jarvis has the story good morning rebecca good morning george he is very powerful very wealthy and generally a very public figure but since giving this speech that was critical of china’s government jack ma hasn’t been seen in public and now many are questioning where is jack ma he’s one of the world’s wealthiest tech entrepreneurs worth an estimated 50 billion dollars no matter we are from a country big small rich or poor everybody should have the equal chance to compete but for the past two months jack ma the flamboyant founder of e-commerce giant alibaba the closest thing in china to amazon hasn’t been seen in public the famously outspoken 56-year-old making headlines in october after delivering a speech critical of the chinese government accusing financial regulators of suffocating innovation and likening its banks to behaving like pawn shops the 20-minute speech drawn the ire of the chinese government and triggering an anti-trust investigation into his company one week later the billionaire and his team were summoned to beijing for a dressing down he hasn’t been seen publicly since even missing a scheduled appearance on a reality talent show he had previously said he was looking forward to i like your passion and i like your motto his company citing a scheduling conflict according to the financial times ma a married father of three is known for his rags-to-riches life story raised in communist china the former school teacher failing his university entrance exams twice notoriously turned down for dozens of jobs including one at kfc before finally hitting it big with alibaba ma telling diane sawyer in 2010 china’s climate is changing you think ultimately that there will be a political change because of the economic change it is changing if i talk to you like this 10 years ago 20 years ago i would now be scared i mean 20 years ago i was probably in the prison now we can talk i i do not want to make the government happy but i don’t want to make them unhappy i did not give up i could give up a hundred times but i did not give up i say well the job i’ve been doing is helping millions experts believe the chinese government wants to send a message here that no matter how much money you make you will never be more powerful than the state and sources close to jack ma tell abc news that he is okay but he is lying low for now guys glad he’s okay all right thank you rebecca hi everyone george stephanopoulos here thanks for checking out the abc news youtube channel if you’d like to get more videos show highlights and watch live event coverage click on the right over here to subscribe to our channel and don’t forget to download the abc news app for breaking news alerts thanks for watching

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credit by: morgancenterlibrary.com and  ABC News on Youtube

 

 

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