Alibaba founder Jack Ma has grown to $ 1.4 billion after appearing in public for the first time in three months. According to the Forbes Real-Time rating, his fortune is now estimated at $ 62 billion. A short video was enough to reassure investors.
The Alibaba Group, which Ma founded, has grown in market value by $ 58 billion. The billionaire took part in the award ceremony for rural teachers on January 20. Ma, who has not appeared in public since October, spoke at a charity event via video link.
In October, Ma criticized the Chinese government’s business policy, noting that “constant control can stifle innovation” in the country. After that, the national regulator blocked the upcoming IPO (the procedure for entering the stock exchange) of its fintech corporation Ant Group.
In January, the International Business Times reported that the Chinese authorities had decided to nationalize Alibaba and Ant Group. Investigative authorities opened an office at Alibaba headquarters back in November last year.