Jack Ma’s painting, called Paradise, offered for sale.
Alibaba has taken a step to progress in the cultural field. A painting produced by Zeng Fanzhi (Chinese artist), and Jack Ma (Alibaba’s founder) was offered for public sale by the British multinational company, Sotheby’s, in Hong Kong. It has been anticipated that the canvas could succeed in fetching around HK$2,500,000 ($322,000) for charity as informed by the auction house.
Alibaba news affirmed that the canvas painting’s oil created in 2014 is titled “Paradise” and portrays planet Earth. Zeng and Ma collaborated on the art piece to make people aware regarding environment protection, as revealed by the Sotheby’s catalog. Jack Ma stated in the catalog, “This is the first time I’ve painted, and to have been able to do it with Fanzhi — I am deeply honored.Together we have created an earth: to protect the earth, to protect the oceans, to protect the air.”
Alibaba news today reported that Fanzhi is one of those Chinese pre-eminent artistic experts whose painting “The Last Supper” gave its best performance for an Asian painter’s when it offered for $23,300,000 at Sotheby’s two years ago. The work would be launched on the block during the Modern and Contemporary Asian Evening Art as a part of the European organization’s 5-day sales starting from 2ndOctober to 7th October, where various different products would be publically sold at the Hong Kong Convention and Exhibition Centre. These encompass art, watches, furniture, ceramics, wine, and jewelry.
Alibaba Breaking news that the selling process would be initiated on Saturday with win sales where the first position has been taken by three liter jeroboam of Romanee-Conti Domaine de la Romanne-Conti 2006 from Burgundy which has been estimated that for at least HK$280,000.
Auction house has revealed that the Asian online trading giant and the artistic expert started by coating their artistic piece with paint, then spotted it and utilized palette knives to fix its surface. It is probable that the auction of the artistic product would not only appease art lovers but also improve the Hangzhou-based enterprise’s reputation in the competitive market.
The details of Ma’s painting has been revealed at a time when he has stated that Americans should not be concerned about the Chinese economy, as its savings rate and shift towards customer led economy means that the second largest economy could deal with the international slowdown. The auctioning of Jack’s artistic piece would contribute to the growth of the Nonprofit sector and the economy.
One could say that Ma’s statement and the exhibition of the painting tend to indicate that Jack Ma is confident about Alibaba. It will not succumb to the economic problems faced by the most populated country. Jack Ma has a net worth of $30,000,000,000 and he is regarded as one of the richest person in the world. The Chinese entrepreneur has shown his love for art.