Jack Ma’s team of Chinese billionaires arrives in Kenya to hunt for deals

Jack Ma, Alibaba founder and executive chairman. FILE PHOTO | NMG

Jack Ma, the founder and executive chairman of Chinese e-commerce behemoth Alibaba, jetted into Nairobi Wednesday evening, starting a packed two-day visit that peaks with a public appearance at the University of Nairobi this afternoon to offer Kenyan youth tips on how to build successful business empires.

Mr Ma, who is currently Asia’s richest man with a fortune of nearly $30 billion (Sh3.11 trillion or nearly half of Kenya’s economic output), is accompanied by a large delegation of super-rich Chinese. 

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