At Alibaba’s lavish 20th birthday party last month in Hangzhou, the ecommerce group’s founder Jack Ma took to the stage in rock star garb to perform You Raise Me Up.
The show for a crowd of thousands was a swansong for the 55-year-old, marking his retirement from the $450bn company.
After the stadium gig Mr Ma will stick to smaller venues. Like many other members of China’s tech tycoon class, that includes a family office, the opaque investment vehicles that collectively make up one of the largest pools of wealth on the planet.
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