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For years, Jack Ma was untouchable. He was the richest man in China, the Chinese Jeff Bezos, who built from scratch a business empire worth hundreds of billions.
His Ant Group was slated to be the world’s largest IPO ever, looking to raise $35 billion.
He was the new face of China, a living proof that entrepreneurs and free enterprises still thrive under the communist government.
Until two months ago.
So what happened to him? His story of rising and falling is nothing short of epic. As the rest of the world has set its eyes on China, his story has become more relevant to all of us than you might think.
By David Bu5
11 ratings
For years, Jack Ma was untouchable. He was the richest man in China, the Chinese Jeff Bezos, who built from scratch a business empire worth hundreds of billions.
His Ant Group was slated to be the world’s largest IPO ever, looking to raise $35 billion.
He was the new face of China, a living proof that entrepreneurs and free enterprises still thrive under the communist government.
Until two months ago.
So what happened to him? His story of rising and falling is nothing short of epic. As the rest of the world has set its eyes on China, his story has become more relevant to all of us than you might think.