Today’s strutting peacock, tomorrow’s feather duster. Over the
past several years, Jack Ma has been China’s superstar “capitalist” and a
strutting peacock on the world stage. The founder and recently retired
executive chairman of the e-commerce/technology conglomerate Alibaba
Group, Jack Ma was rated by Bloomberg
in January 2021 as the 25th richest person in the world with a net
worth of $53.9 billion. Forbes puts his worth higher, at $61.6 billion.
The 56-year-old Jack Ma is China’s premier rags-to-riches story and the
global business celebrity who has led China’s re-imaging and
modernization of its business models and global outreach. He dines with
royalty, presidents, prime ministers, and business titans. He is famous
for his elaborately staged imitations of Michael Jackson’s dance
numbers.
However, even though Ma is reportedly the wealthiest and most widely recognized person in China — and the boss to over 100,000 employees — Chinese President Xi Jinping (who is also General Secretary of the Chinese Communist Party, CCP) decided to show him who is the Capo di tutti capi, the real boss of bosses.................To Read More....
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