Family Office
Alibaba’s Joseph Tsai to Open Multibillion-Dollar Family Office
A top Alibaba Group Holding Ltd. executive is forming a multibillion-dollar family office to invest the wealth created by the Chinese e-commerce giant’s $25 billion New York initial public offering, according to people familiar with the situation. Joseph Tsai, Alibaba’s executive vice chairman, and other early Alibaba executives are setting…
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Click here to read the full story: Wall Street Journal