The founder of Alibaba, Jack Ma, worth more than $50 billion, criticized China’s financial regulatory system at the Bund Financial Summit in Shanghai at the end of October last year, and his group was then targeted by the authorities and launched an investigation, and he did not appear in public for nearly three months, and finally appeared recently by video. The company’s main business is to promote the development of the company’s products and services.
The company’s founder, Alibaba, Ma Yun, once joined China’s top tycoon club, the “Taishan Club”, has been disbanded. (Photo: taken from Weibo)
The company’s founder, Mr. Wang, has been a member of the “China’s top financial institution” since the end of October last year, after criticizing China’s financial regulatory system at the Bund Financial Summit in Shanghai. On the 20th of this month, Jack Ma finally showed up and met with 100 rural teachers in China via video link. Jack Ma also teased, “When the Epidemic is over, we will meet again!
In addition, the Taishan Club, a Chinese super-rich club of which Jack Ma was also a member, has recently been disbanded, which is suspected to be related to Jack Ma’s accident. The part about the Taishan Club also aroused outside attention, comprehensive media reports, Taishan Club members are ranked among China’s top 100 billionaires, grasp the wealth of incalculable, business map across high-tech, real estate, finance, biotechnology, entertainment, etc., it is understood that Ma Yun in a group of members even just “little brother”.
The Taishan Association is one of the most well-known and secretive large chambers of commerce in China, and some even rank it alongside the Skull and Bones Society in the United States. Founded in 1993, the Taishan Association is a non-independent legal entity headed by the China Private Technology Industrialists Association, and is composed of CEOs (or chairmen) of well-known and influential Chinese companies. The association has a very high threshold for membership, and founder Duan Yongji’s original vision for the Taishan Association was “a private circle of China’s top private entrepreneurs with assets of over $100 million and of a certain magnitude”. It is reported that new members must be recommended by two members to graduate by a unanimous vote of all members to join.
The first batch of members include business figures such as Duan Yongji, president of Si Tong Group, Liu Chuanzhi, president of Lenovo, Lu Zhiqiang, president of Pan Ocean Group, Shi Yuzhu, chairman of Giant Group, Duan Yongping, founder of BBK, Guo Guangchang, chairman of Fosun and Feng Lun, chairman of Vantone. It is rumored that Jack Ma was also a member of the Taishan Association, and Liu Chuanzhi, who is known as the godfather of Chinese business, was invited to join and was unanimously approved by the Taishan Association to join.
It was rumored that Jack Ma was busy with his work and often missed the secret meetings and various activities of the Taishan Club, which has a strict management, and he had to ask for leave in advance but still had to be punished. After Ma paid 200,000 several times, he was discouraged and decided to quit, and then created the “Jiangnan Association”, which is mysterious and has a kung-fu color, and stipulates that members, no matter where they are, must help each other if they are in trouble. Because of Ma’s recent accident, Taishan will be disbanded at this Time and the news, it is inevitable that the outside world to do more association.
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