Profile Update: Jack Ma Does not only own Alibaba, but Also the Most Expensive Home in Asia
2020-02-11
If you were to give Jack Ma (Founder and Executive Chairman of the e-commerce giant Alibaba) a hashtag on Facebook, what would it be? Alibaba? Chinese entrepreneur? Or #Self-made Billionaire? These are all relevant, but you may also be interested in another role of his – Real Estate Property Investor – which is relatively subtle and little known. Last summer, a property transaction of $1.5 billion at The Peak had successfully caught global attention because of the buyer’s identity and it was rumored that Ma may be this invisible rich. Not surprisingly, it turned out Ma decided to diversify his housing assets and Hong Kong appears to be an ideal destination.