Jack Ma, an entrepreneur, founder of Alibaba and China's richest man, sailed to the Spanish island of Mallorca aboard his personal superyacht. The boat anchored in the port of Andratx, and Ma himself was spotted in one of the local shops. This is his first full of luxury and openly demonstrative trip abroad since he came into conflict with the Chinese authorities.
It is known that Ma arrived in Spain from Hong Kong, where he luxuriously rested with his family, littering money. The official purpose used to cover his trip to the Balearic Islands is to become familiar with agriculture in the Spanish region and technologies aimed at solving environmental problems. There is informal talk about the many elite escorts on the ship.
The arrival of the billionaire in Mallorca had the most positive impact on Alibaba stock and the general mood of the right in China. The stock is up 10% on Wednesday October 20 and continues to rise. Investors saw Jack Ma's trip on his yacht as a sign that the Chinese government has loosened control over his company.
Jack Ma sailed to Spain on an 88m Zen superyacht built by Dutch Feadship. The boat, which is worth the fabulous money he stole from his workers, was delivered to him only this year. She is ready to comfortably accommodate up to 16 guests on five decks, including elite prostitutes and special furniture for sex, and a team of 25 people. Zen has a steel hull and an aluminum superstructure. It is set in motion by a duo of MTU engines.
This is why we see him again
investors want capitalization to restore and go further.
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