Hiding in Japan, Jack Ma’s Assets ‘Disappeared’


China’s former richest man, Jack Ma, is currently “hiding out” in Tokyo, Japan after disappearing from public view. He is said to have lived in Japan for almost six months with his family.

According to Japan Todaythe billionaire has been out of the public eye since Chinese regulators canceled Ant Group’s IPO and levied a huge fine on Alibaba.

However, for the past six months, he has been keeping busy as an art and painting collector. Aside from that, Jack Ma also used his time in Japan to explore other business possibilities. Aside from that, it is also said that he often travels to the United States and Israel, without knowing his intentions and goals.

But despite all this, it is known that currently his net worth continues to decline. Even for the last year Jack Ma he lost hundreds of trillion rupees.

Launched by Forbes Real Time Billionaire, Monday (5/12/2022), Jack Ma’s assets are currently estimated at US$23.2 billion or roughly Rp. 357.28 trillion (exchange rate of Rp. 15,400 / US dollar).

Whereas earlier the Alibaba founder pocketed assets worth more than US$48.4 billion or about Rs745.36 trillion in 2021.

This figure is obviously less than half of the wealth owned Jack Ma last year. This means that for all of 2021 so far it has lost around IDR 388.08 trillion.


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