![Alibaba founder Jack Ma](https://netbuzzafrica.com/wp-content/uploads/2021/01/Missing-billionaires-in-China-Jack-Ma-2.jpg)
Media reports are rife with Alibaba founder and billionaire business tycoon Jack Ma and his reported disappearance in China. Ma has been off the radar ever since he made deprecating remarks against the Chinese regulators in a summit in October 2020 for their efforts in stifling innovation.
Jack Ma had gone on a tirade against China’s current banking system, the financial regulatory structure of the Communist-ruled country, and how it was unsuitable for his fintech giant, Ant group. Ma’s critical remarks for the Communist regime, which demands nothing more than complete and utter obedience, terminated the planned IPO of his fintech giant, Ant Group, on November 3, just two days before it was scheduled to begin trading.
![Alibaba founder Jack Ma](https://netbuzzafrica.com/wp-content/uploads/2021/01/Jack-Ma-2.jpg)
Days after his unflattering opinion of the Chinese authorities, Ma was summoned to a meeting with Communist Party officials. His other venture, Alibaba is also under investigation for monopolistic behaviour, as per a statement released by the Chinese Communist Party’s market supervision arm.
And Ma has not been spotted since October. Ma was conspicuous by his absence when the billionaire was replaced as a judge in the final of his own show—Africa’s Business Heroes, a television contest for budding entrepreneurs—and his photograph was removed from the judging webpage. Apparently, he has also been conspicuously left out of a promotional video.
The disappearance of Jack Ma underscores the strained relationship between the billionaire business tycoon and the Chinese authoritarian leader Xi Jinping.
Jinping has been unabashed in wielding power against those he perceives as challenging the dominance and authority of the Chinese Communist Party. The Chinese President has shown little tolerance towards dissenting views and has come down hard against those who have refused to conform to his worldview.
![Alibaba founder Jack Ma](https://netbuzzafrica.com/wp-content/uploads/2021/01/Fan-Bingbing.jpg)
![Alibaba founder Jack Ma](https://netbuzzafrica.com/wp-content/uploads/2021/01/Meng-Hongwei.jpg)
![Alibaba founder Jack Ma](https://netbuzzafrica.com/wp-content/uploads/2021/01/guo-Guangchang.jpg)
![Alibaba founder Jack Ma](https://netbuzzafrica.com/wp-content/uploads/2021/01/Ren-Zhiqiang.jpg)
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