Billionaire Jack Ma Cedes Control Of Fintech Giant Ant Group
January 07, 2023 at 17:00 PM EST
A little over two years after China launched its billionaire “re-education” campaign by unexpectedly suspending the IPO of one of China’s most influential fintech companies, Ant Financial, in November 2020, a move aimed at humbling (if not crushing) China’s then-richest man Jack Ma, the campaign has come full circle on Saturday when Ant announced Jack […] Source
