Jack Ma Spends a Hangover-Free Hiatus on Mallorca
After stepping back from the glare of Beijing’s legal spotlight, the former Alibaba chief Jack Ma has been soaking in the sunny vibes of the Balearic Islands. Two local papers say the billionaire was spotted sporting the island’s charm while his luxury yacht “Zen” floated nearby.
Where and Why
- Port of Andratx – Ma was caught eye‑banging some home décor at a local shop. A casual stroll, or perhaps a test drive for his next grand interior.
- Superyacht “Zen” (88 metres) – The sleek 5‑deck motorship has been slipping along Mallorca’s northwestern coast. On Tuesday it docked in Andratx, and over the weekend it anchored near Santa Ponsa.
- Company tour – Staff and security crew trailed him as he inspected agricultural and tech innovations aimed at greener solutions. According to a Hong Kong outlet, he dove into either a “study tour” or a relaxed family get‑away.
What It Means for Alibaba
When the Chinese tech titan left the chair in 2019, a whirlwind of investigations followed. A suspended $37 billion IPO and a keen on‑watch by regulators marked his exit. Since his 2020 outburst, he’s stayed muted, but this trip is being read by investors as a hint that the central government might ease its scrutiny.
Quarterly shares of Alibaba in Hong Kong already climbed nearly 10% after the headline, signalling that Ma’s presence abroad fuels speculation of a regulatory breathing room.
The Yacht Life
“Zen” was built in the Netherlands and delivered last spring. Inside, a crew of 25 can tend to up to 16 guests – a very private, little‑world of lavish luxury. Biggest cue? A single-lake stance in sunny Spain so that Ma can focus on what’s next, without the clatter back home.
Past and Present
Earlier life took Ma to Mallorca in 2019, where he was rumored to enjoy long stays. And now, it seems, he’s back – once again sending waves of curiosity across the globe.