According to one study, Jack Ma is no longer the richest Chinese. The founder of the online group Alibaba and the financial group Ant Group “Hurun Global Rich List,” slipped to fourth place on the ‘Super Rich’ list of the Chinese version of Forbes. In the last two years, Ma and his family were still at the helm. Although he was able to increase his fortune by 22 percent to nearly $ 56 billion, he has now lost that top spot.

Ma got into trouble with the Chinese authorities last year. His replacement as the nation’s richest came after “Ant Group and China’s regulators on anti-crust issues in Alibaba”, according to Huron’s report. The regulator has Ant’s $ 37 billion IPO in Shanghai and Hong Kong Was Bolt forward. It should have been the largest public proposal in the world.

Ma was on for almost three months after Ant’s failed IPO last fall. Disappeared from view. In a speech at the time, he criticized supervisory officials in China. There has been much speculation about his whereabouts. He finally got in touch in january In a 50-second video from her foundationAddressing teachers in rural areas. Observers could not identify where the video was recorded.