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Amid China's Scrutiny, Jack Ma's Wealth Falls Nearly $11 Billion In Two Months: Report

Amid China s scrutiny, Jack Ma s wealth falls nearly $11 billion in two months: Report
China has begun an investigation into suspected monopolistic activities by Alibaba, which hurt the company s Hong Kong-listed shares.
December 30, 2020 / 01:27 PM IST
Alibaba co-founder Jack Ma has lost nearly $11 billion of his wealth since the end of October, after China increased scrutiny on the e-commerce giant.
Ma s net worth has slipped to $50.9 billion from a peak $61.7 billion, making him the 25th richest person in the world, as per the Bloomberg Billionaires Index.
China on December 24 began an investigation into suspected monopolistic activities by Alibaba, which hurt the company s Hong Kong-listed shares. ....

Hong Kong , Wang Xing , Jack Ma , Ant Group , Ma Huateng Tencent Holdings , Alibaba Group Holding , Bloomberg Billionaires , Hong Kong Listed , Alibaba Affiliate Ant Group , Tencent Holdings , Bruce Pang , China Renaissance Securities Hong Kong , ஹாங் காங் , வாங் க்ஷிங் , பலா மா , எறும்பு குழு , அலிபாபா குழு வைத்திருத்தல் , ப்ளூம்பெர்க் கோடீஸ்வரர்கள் , ஹாங் காங் பட்டியலிடப்பட்டுள்ளது , அலிபாபா புதல்வனாக ஏற்றுக்கொள் எறும்பு குழு , காயங்கள் வேதனை , சீனா மறுமலர்ச்சி பத்திரங்கள் ஹாங் காங் ,

Alibaba's Jack Ma loses $11 billion in two months amid Chinese crackdown

Alibaba s Jack Ma loses $11 billion in two months amid Chinese crackdown
Alibaba co-founder Jack Ma wealth has dwindled to $50.9 billion from a peak of $61.7 billion, making him the 25th richest person in the world, according to the Bloomberg Billionaires Index
BusinessToday.In | December 30, 2020 | Updated 12:26 IST
Alibaba co-founder Jack Ma who is often linked to the meteoric rise of China s internet sector was poised to reclaim the title of Asia s wealthiest person when his net worth reached a peak of $61.7 billion this year
Alibaba co-founder Jack Ma s net worth has toppled around $11 billion since the end of October as China has increased scrutiny of the e-commerce giant along with the country s other tech heavyweights. ....

Hong Kong , Wang Xing , Jack Ma , Ant Group , Ma Huateng Tencent Holdings , Bloomberg Billionaires Index , Tencent Holdings , Bruce Pang , China Renaissance Securities Hong Kong , ஹாங் காங் , வாங் க்ஷிங் , பலா மா , எறும்பு குழு , ப்ளூம்பெர்க் கோடீஸ்வரர்கள் குறியீட்டு , காயங்கள் வேதனை , சீனா மறுமலர்ச்சி பத்திரங்கள் ஹாங் காங் ,