Photo exclusive: "Missing" billionaire spotted in Andratx

The Chinese billionaire has largely been out of public view since he publicly criticised China's regulatory system in a speech last year. His empire promptly came under heavy scrutiny by regulators, that even led to the suspension of Ant Group's $37 billion blockbuster IPO.

Jack Ma is aboard the superyacht Zen which has been moving along Mallorca's northwestern coast for the past few days and was in Andratx on Tuesday.

A Spanish banking industry source told Reuters Ma had visited Mallorca in his company in 2019 and that the billionaire liked to "often spend time" in the Balearic Islands. He has a net worth of 42.2 billion dollars.