The recent disappearances of Chinese billionaires are puzzling the world. After all, why are these powerful men disappearing unexpectedly?
In 2020, the billionaire Jack Ma, co-founder and current owner of Alibaba Group, disappeared without a trace. Alibaba is one of the largest economic conglomerates in the world.
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The disappearance came after Ma publicly criticized the Chinese Communist Party over issues related to China's macroeconomics.
“He described them [Chinese government economic regulators] as having a pawnshop mentality, and that really pissed off a lot of people,” said Dexter Roberts, senior member of the Council's Indo-Pacific Security Initiative. Atlantic.
Fortunately, Jack Ma was recently seen leaving his company's headquarters in Hangzhou City.
Before the disappearance of Jack Ma, another billionaire, Guo Guangchang, had already disappeared in 2015. Guangchang is known as “the Warren Buffett of China” for having made his fortune in investments.
Shortly after disappearing for no apparent reason, Guo Guangchang reappeared and no information about the disappearance was given.
Already in 2017, between the disappearance of Guo Guangchang and Jack Ma, who disappeared was the billionaire Xiao Jianhua, who also holds Canadian nationality.
Repeating what happened with the other tycoons, Jianhua reappeared quickly and without further details, but in 2022 he was convicted in an investigation into fraud and corruption, receiving a 13-year prison sentence closed.
To end the reports of bizarre disappearances of Chinese billionaires, in February this year it was time to Bao Fan, a famous Chinese banker who just disappeared. So far, the tycoon has not reappeared.
When asked about the case, his company reserved to say that it is cooperating with the Chinese authorities to try to find Bao Fan.
“When someone like Bao Fan disappears, someone of a high rank disappears suddenly and without explanation, a chilling feeling is felt. inevitably sent to the rest of the market,” said Nick Marro, lead global trade analyst at The Economist Intelligence Unit.
As usual, the Chinese government, represented by the country's Communist Party, does not comment on the cases or on the progress of investigations to investigate the disappearances.
Graduated in History and Human Resources Technology. Passionate about writing, today he lives the dream of acting professionally as a Content Writer for the Web, writing articles in different niches and different formats.