Jack Ma's net worth down by almost $11 Billion since October 2020 amid China's scrutiny
Image Credit: shortpedia
Jack Ma's net worth tumbled by almost $11 billion since the end of October as China stepped up scrutiny of his empire and the country's tech behemoths, according to a Bloomberg report. Last week, China's top market watchdog started an investigation into alleged anti-competition practices by e-commerce giant Alibaba, as Beijing tightened control of an expanding Internet.