Billionaire Jack Ma was recently spotted in Australia, after going missing in 2020. Reports reveal he is spending time with the Morley family.
Billionaire Jack Ma spotted in Australia
China’s Yicai media outlet confirmed reports of Jack Ma in Australia. It revealed he is spending time with the Morleys. Pictures are circulating online but, it is not verified. While his agenda is unclear, he was closely associated with the Morley family as they helped him during his teenage years. Since then, he has been in touch with them and in 2017, he set up a $20 million scholarship fund in the name of Ken Morley, his late mentor.
Since 2022, the Chinese billionaire has been seen visiting various nations. He was seen in Japan’s countryside before going to Thailand. Last month, he was seen in Hong Kong for a meeting with tech and finance executives. The news of his tour coincides with reports suggesting Beijing is trying to tone down the campaign of curtailing the power and influence of internet giants.
More on Jack Ma‘s current whereabouts
In November 2020, Jack Ma went missing. Moreover, he was not seen in public for several months. News reporting his presence came after the Chinese authorities called off the Ant Group IPO. However, Alibaba did not say he was unreachable. Several reports revealed he was traveling and spending time in Japan, Hong Kong, and Europe. Recently, Bao Fan, the CEO and Chairman of China Renaissance investment bank went missing. “The company has been unable to contact Mr. Bao,” stated the bank in its announcement to the Hong Kong Stock Exchange. However, additional details are currently unknown.