Jack Ma, Executive Chairman of Alibaba Group.
Photograph by ChinaFotoPress — ChinaFotoPress via Getty Images
By Chris Matthews
August 14, 2015

Jack Ma may not be the richest man in all of China, but he at least owns the most expensive home.

According to a report in The South China Morning Post, it is rumored that Ma has bought a A 9,890-square-feet luxury house in Hong Kong for a jaw-dropping $193 million. The seller of the home is Francis Yuen Tin-fan, the former deputy chairman of PCCW and ex-chief executive of Hong Kong Exchanges and Clearing.

The report says that on a per-square-foot basis, the home at house at 22 Barker Road on The Peak is the second-most expensive home in the world.

Publicly available images don’t seem to justify the price tag, at least from the outside:

In June, the Alibaba chairman bought a a 28,100-acre property in New York’s Adirondacks for $23 Million.

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