Beijing, China.
Alarms are turned on China after the businessman most famous dand this country and the symbol of the “self-made man” for his countrymen, Jack Ma, disappeared.
the Chinese businessman The 56 – year – old has not been seen in the last two months since the start of the revenge of the Chinese authorities, decided a cut off his wings.
Last week, the State Administration for the Regulation of China market shake the world of Chinese business, on Alibaba and its charismatic founder symbolize the success of e-commerce, by announcing that it internet giant will be investigated for “practices suspected of monopoly “.
This former English teacher, officially ‘Retired’ since last year of Alibaba rHe received an outrage from financial regulators, who also contacted Ant Group, a subsidiary of Alibaba, World leader in online payments and qual Ma is the largest shareholder, talk about “Supervision and Advice.”
This happened a few weeks after that Beijing frustrated at the last minute the IPO of the company, with which Jack Ma he thought his fortune would exceed $ 70 billion (60 billion euros).
This fiasco cost billions to him Jack Ma, it even made him lose the first fortune title of China, Estimated at $ 58 billion.
The power of president Xi Jinping seems determined to fight the monopolistic tendencies of private groups like Alibaba, online sales platforms are used by hundreds of millions of Chinese.
An unprecedented setback for this millionaire, who predicted before anyone else the evolution of his compatriots towards e-commerce when co-founding Alibaba in 1999.
The Chinese media often remembers his humble origins, a father who struggled to feed his own family, His poor school results and poorly paid jobs until the creation of Alibaba in an apartment in Hangzhu, eastern China, with a capital of $ 60,000 which he borrowed from friends.
Jack Ma (Chinese name is Ma Yun) he decided to leave his university teaching profession later discover the internet and the possibility it offered companies of exchanging theirs goods online.
This man quickly understood the potential of the smartphones and was the pioneer, with its Alipay service, of electronic mobile payment, currently ubiquitous in China, earning a visionary reputation.
Michael Jackson and the Communist Party
“The first time I used the internet, I typed in and said,‘ This is something that will change the world already China” He told CNN.
The take-off of the online trading platform of Alibaba, Taobao, forced the American eBay practically withdrawing from the Chinese market in 2006, leaving its rival free.
Jack Ma is known for his eccentricities, in a rather serious Chinese business world. Much admired by his employees, he has often been compared to Steve Jobs, the legendary co – founder of Apple, ayet his style is more relaxed.
The successful and atypical businessman is at the same time a follower of tai chi, traditional Chinese gymnastics for inner and physical balance, took to the stage at a company party disguised as Michael Jackson and is a member of the very austere Chinese Communist Party (PCC) in power.
From Davos to Wall Street, it has alternated with world personalities and promised a Donald Trump to create one million jobs andn January 2017, when the American billionaire was about to enter the White House.
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He then withdrew this promise, using the argument of the trade war launched by Trump against China.
In September 2018, Jack Ma apronounced that he would retire a year later, at the age of 55, to devote himself to philanthropic projects in the field of education, which recalled the path followed by one of his models the founder of Microsoft, Bill Gates.
His ascent always deserved criticism and enmity at the top of the communist party.
Jack Ma it may be necessary to rethink the slogan that has presided over his career and that he clearly set out in 2007 in Davos, the world finance event: “My philosophy is to be in love with power without to marry him. “