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Home | Alibaba Founder and Billionaire, Jack Ma Declared Missing

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Alibaba Founder and Billionaire, Jack Ma Declared Missing

Tare Magbei
Tare Magbei
Published: June 13, 2025
Last updated: June 13, 2025
1 Min Read
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Alibaba Founder and Billionaire, Jack Ma Declared Missing | Daily Report Nigeria
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World famous entrepreneur and billionaire, Jack Ma has been suspectedly declared missing.

According to Yahoo Finance, the founder of popular e-commerce giant, Alibaba, has not been spotted in public for about ten weeks.

Ma’s last public appearance was on October 24, 2020, wherein he called for an economic reform while presenting a speech in Shanghai.

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“Today’s financial system is the legacy of the Industrial Age. We must set up a new one for the next generation and young people. We must reform the current system”, he said.

Two of his companies, Alibaba and Ant Group have since gone under a probe by the Chinese government following his address.

He was expected to be at the finale episode of his show “Africa’s Business Heroes,” a competition for African entrepreneurs, but was represented by an Alibaba executive.

The business mogul is worth an estimated $58.4billion. He has donated millions of dollars to the fight against coronavirus, and also made pledges for the development of vaccines.

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