Alibaba founder cashes out billions in shares

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Alibaba founder Jack Ma has sold billions of dollars worth of his shares in the Chinese ecommerce company over the past year as its stock has skyrocketed by about 50%. Ma, one of China's richest people, cut his stake from 6.2% to 4.8%, according to the company's annual report.

source https://www.cnn.com/2020/07/13/business/jack-ma-alibaba-shares-sale/index.html

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