Yes, that is a billionaire executive dressed in black and gold, thrusting his hips to the sound of Michael Jackson music on stage in front of thousands of his employees.

Jack Ma, the founder and executive chairman of e-commerce company Alibaba, delivered a choreographed performance – complete with backup dancers – at his company’s 18th annual celebration in Hangzhou, China last Friday.

Chinese financial news site Yicai Global tweeted a video of the performance on Monday, which can be seen above. Ma dances to a medley featuring clips from “Billie Jean” and “Dangerous.”


Foto: Ma after taking off his mask. source Yicai Global/Twitter

Some 40,000 Alibaba employees from various countries attended the lavish event, which consisted of multiple parades and musical performances, China Daily reported.

The video appears to have been filmed at the gymnasium of the Yellow Dragon Stadium in Hangzhou, which has a capacity of 8,000. From the footage, the venue looks about half full.

Ma has much to celebrate: Alibaba’s market cap recently passed the $400 million mark – gradually closing its gap with Amazon – and its shares have almost doubled in value since the beginning of this year, Quartz reported.

The company also announced plans to open its first brick-and-mortar mall in Hangzhou next April, echoing what Amazon did in New York last May.

Jack Ma Alibaba

Foto: Ma speaks to his employees in Hangzhou, China. source Wang He/Getty

This isn’t the first time Ma has entertained his staff.

At Alibaba’s 10th anniversary in 2009, for example, Ma – then company CEO – dressed as a punk, donned a white wig, and performed a segment from “The Lion King” (watch the linked video from 1:07 onward). He also took part in a mass wedding for his employees in 2014.

Such performances by powerful Chinese executives may be more common than we think. In 2016, Wang Jianlin, the CEO of real estate conglomerate Dalian Wanda Group, has sung solo on stage at his company’s annual meeting multiple times.

Ma is currently the second-richest man in China and 23rd richest man in the world, with a net worth of $28.3 billion (£21.3 billion), according to Forbes. Wang is currently the richest man in China.