Communist Jack Ma is China’s richest man

(FRANCE 24) Jack Ma, founder of Chinese tech giant Alibaba, is among the world’s richest people but he has now emerged as a member of another club: China’s 89-million-strong Communist Party.

The billionaire’s Communist bona fides were revealed by the People’s Daily, the party’s official mouthpiece, in an article praising contributors to China’s development.

He is not the first nor likely the last Chinese super-rich capitalist to join the party, which counts property titan Xu Jiayin and Wanda Group founder Wang Jianlin among its billionaire members.

But Ma’s membership had not been known until now as China’s richest man had previously suggested that he preferred to stay out of politics.

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