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? ❓
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment