Jack Ma, the founder of the e-commerce giant Alibaba who until the tech clampdown was China's richest person, has rarely been seen in public since criticising the attitude of Chinese regulators towards tech companies at a summit in Shanghai two years ago, said the Guardian report.
Ma is close with SoftBank founder and CEO Masayoshi Son.
Due to the price war and coronavirus pandemic, Ambani's fortune fell by $14 billion on the index in 2020.
Ambani's current net worth amounts to $41.8 billion. Globally, Ambani is the 19th richest man just behind Jack Ma who is at the 18th rank.
Alibaba will sell 500 million shares to investors at HK dollar176, according to Bloomberg News, below the maximum HK dollar 188 of its indicative price range.
Ma in an open letter announced his retirement and said he wants to return to education, which gives him excitement and blessings.
Mr Venkatesham, an IAS officer who despite his humble roots achieved considerable success in his own life, studies success as if under a microscope and analyses its various aspects, its ‘settings’, ‘syllabus’, ‘summary’, ‘signature’ and even the ‘side-effects’.
Jack Ma, China’s richest man and the guiding force behind its biggest e-commerce company, has been inducted as a member of the country’s pivotal entity called the Communist Party of China.
Ma argued on Monday that the purpose of trade should be to promote peace and communication rather than conflict, and that the rise of protectionism is misguided.
The oceanic waters get choppier still with the renewed trade offensive by Donald Trump. It may not be a full-scale…
