Jack Ma's Wealth Halved Amid Beijing's Tech Crackdown: A Deep Dive
Billionaire Alibaba founder Jack Ma reappears in Hong Kong - sources
In a stunning turn of events, Jack Ma, the co-founder of Alibaba and Ant Group, has seen his fortune dwindle by more than half in just three years. The precipitous drop in Ma's wealth is largely attributed to the Chinese government's intensified regulatory scrutiny of the country's tech sector, which has significantly impacted the valuation of Ant Group, the fintech giant Ma co-founded.

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