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Billionaire Joe Tsai's Family Office Slashes Blue Owl Stake

(Bloomberg) -- The investment firm that manages part of the fortune of Alibaba Group Holding Ltd. Chairman Joe Tsai sold most of its shares in the alternative asset giant Blue Owl Capital Inc. during the fourth quarter.Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesT-Bills Without Tax Bills? This Fund Says It Cracked the CodeStocks Rally as AI Craze Sweeps Across the World: Markets WrapAT&T Outage Triggered by Company Work on Network ExpansionUS Lands on Mo...
Jack Ma Bloomberg Businessweek Joe Tsai Oliver Weisberg Holdings Inc Blue Pool Capital Ltd
Source: yahoo.com

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Jack Ma, Joe Tsai Overtake Softbank As Alibaba's Largest Shareholders After Aggressively Buying Tech Giant's Tumbling Shares - Alibaba Gr Holding (NYSE:BABA), PDD Holdings (NASDAQ:PDD)

Ma, who retired as Alibaba's executive chairman in 2019, increased his stake in the company by purchasing approximately $50 million worth of shares in the fourth quarter of 2023. This raised his stake to more than 4.3%, making him the largest single shareholder.
Masayoshi Son Joe Tsai Softbank Corp Jack Ma South China Morning Post Softbank Group

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