According to Forbes Real-Time, one of the richest Chinese billionaires, Jack Mann, the founder of Alibaba, lost more than $ 3.5 billion a day. According to RIA Novosti, this was due to the fall in the company's share price due to antitrust research.
Man's fortune was estimated at $ 57.3 billion at the close of trading on Thursday. He is currently ranked 19th. Alibaba's shares on the Hong Kong and New York stock exchanges fell sharply amid anti-trust investigations. Shares of the company fell 8.1% in Hong Kong and 13.3% in the NASDAQ. Alibaba Group is China's largest online retailer since 1999. The group has several separate branches and online platforms: Alibaba Pictures, AliExpress, Taobao, Tmall.