Billionaire Alibaba founder Jack Ma spending his time on philanthropy and hobbies like painting

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Alibaba founder Jack Ma is 'lying low right now,' focusing his efforts on hobbies and philanthropy, Alibaba’s executive vice chairman Joe Tsai says.

founder Jack Ma is still lying low, focusing his efforts on hobbies and philanthropy, according to a company executive.

"He's lying low right now, I talk to him every day," Joe Tsai, Alibaba's executive vice chairman said in an interview on CNBC's "." "He's actually doing very, very well. He's taken up painting as a hobby, it's actually pretty good." The billionaire founder has had a rocky year with the Chinese government, leading to time out of the public eye.

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