Jack Ma hiding in Tokyo amid China crackdown on tech firms: report


London| Billionaire Jack Ma is reportedly holed up with his family in Tokyo amid Beijing’s crackdown on the country’s star tech firms and its most powerful and wealthy businessmen. This information has been given in a media report.

The founder of e-commerce giant Alibaba, who was China’s richest man until the tech clampdown, two years ago at a summit in Shanghai to criticize Chinese regulators’ attitude towards tech companies, The Guardian reports. Rarely seen in public since.

In addition to a 48-second online appearance early last year, described by one analyst as a ‘hostage video’, a brief visit to the Netherlands and Ma’s 88-metre superyacht Jane docking off the Spanish island of Mallorca last summer Was seen to happen. The 58-year-old has maintained a low profile living outside his native China.

The Financial Times, owned by Japanese media company Nikkei, revealed on Tuesday that Ma has been living in Japan recently.

Citing unnamed sources, the paper said the former English teacher-turned-tech superstar has been living in Tokyo with his family for about six months.

His time is spent mixing business and pleasure with visits to onsen (hot springs) and ski resorts in the Japanese countryside, as well as regular visits to the US and Israel.