Alibaba's Jack Ma is a Communist Party member, China state paper reveals

Alibaba's Jack Ma is a Communist Party member, China state paper revealsJack Ma, the head of e-commerce giant Alibaba Group Holding Ltd and China’s best-known capitalist, is a Communist Party member, the official Party newspaper said on Monday, debunking a public assumption the billionaire was politically unattached. The People’s Daily revealed Ma’s Party membership in a list of 100 people it said had helped drive the country “reform and opening up” process. Ma is China’s richest man with a fortune of $ 35.8 billion, according to Forbes.



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