[Skip to comments.](#comment) Posted on 08/15/2021 9:21:31 AM PDT by [E. Pluribus Unum](/~epluribusunum/) Nobody knew until last month that Joseph Chung-Hsin Tsai — better known as Joe Tsai — was the “mystery buyer” who dropped $157 million this spring on two massive condos at 220 Central Park South, the most expensive apartment building in the country. So far, keeping a relatively low profile and understanding international office politics has worked out well for Tsai, said to be worth at least $12 billion. The 57-year-old is the co-founder of Alibaba (China’s version of Amazon), the owner of the Brooklyn Nets and a friend of the Chinese Communist Party. The same can’t be said for Jack Ma, his flamboyant onetime partner and the creative genius behind Alibaba. Ma has barely been seen in public for the past 10 months. His wings have been clipped, possibly permanently, by officials after Ma publicly dissed his country’s banking system last fall. He is reportedly being “re-educated” by the Chinese Communist Party. “Tsai is savvy — savvier than Jack Ma,” Peter Navarro, author of “Death By China: Confronting the Dragon,” told The Post. (Excerpt) Read more at nypost.com … Donate by Credit Card or PayPal or mail to: Free Republic, LLC – PO Box 9771 – Fresno, CA 93794 Pigs get fat. Hogs get slaughtered. The CCP is the butcher. Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
CNY - Chinese Yuan Renminbi