.. was a man ranked by Bloomberg as the 32nd wealthiest in the world, Jack Ma Yun, the founder of China’s Alibaba Group. In October last year, Ma delivered a controversial speech in which he was critical of China’s financial and regulatory system. Soon after, the country’s regulators intervened and forced the cancellation of an IPO (initial public offering) for an affiliate company, the Ant Group. Little was then seen of him, which led to plenty of speculation. He had seemingly crossed the red line of what could and couldn’t be said in China. Last week, he turned up in Majorca on board the superyacht Zen.
Mallorca's person of the week: Pecolo & suspended flights
Last week in the Majorca Daily Bulletin
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