Monday, January 4, 2021

Update: Here Is How Jack Ma Turned His Ant Group Into A trillion-dollar ...

CA 9+ Update: Here Is How Jack Ma Turned His Ant Group Into A trillion-dollar Giant 370 views •Jan 4, 2021 41 0 Share Save Difference Frames the World 2.54K subscribers Among Jack Ma's businesses, Ant group is definitely the one he loves the most. half a year ago, Jack Ma sold around 220 million shares of Alibaba, lowering his shares to 4.8%, below the 5% threshold which he should maintain to control Alibaba. Of course, Joseph, another permanent partner of Alibaba holds another 1.8%, and that helps him continue his reign over Alibaba. We still do not know why he sold such a big percentage of Alibaba shares, but obviously, he wanted to do more things, among which his Ant Group was definitely the one that drew most of his attention. If the IPO of his Ant Group is successful, its value was initially appraised at 270 billion US dollars, once on the market, the value will probably soar up to 3 trillion RMB, and Jack Ma would probably be very close to a trillionaire in RMB, not a billionaire anymore. With 3 trillion RMB as Ant Group's market value, Jack Ma's wealth will easily exceed 100 billion US dollars, making him one of the world's top 10 richest men, with Jeffrey Bezos, Elon Musk, Bill Gates, and Warren Buffet ranking a little higher than him. 5 Comments Auggie Giuseppe Add a public comment... Cute and Funny Earthlings Cute and Funny Earthlings 2 hours ago jack ma colluding with the wall street bankers 3 Janto Wong Janto Wong 1 hour ago He is do money laundry. dyrectory com dyrectory com 3 hours ago What is stopping other billionaires from attempt what Jack Ma attempted with his Ant Group? ❓

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