Jack Ma is a Chinese business magnate, investor, politician, philanthropist, and kung fu master.
Jack Ma, or Ma Yun, is a Chinese business magnate, investor, politician, philanthropist, and kung fu master. He is the co-founder and former executive chairman of Alibaba Group, a multinational technology conglomerate. Ma is a strong proponent of an open and market-driven economy.
A prominent business leader, Ma is seen as a global ambassador for Chinese business and as such is frequently listed as one of the world’s most powerful people & world’s 20th Richest Person by Bloomberg Billionaires Index & Forbes. He also serves as a role model for startup businesses. In 2017, he was ranked second in the annual “World’s 50 Greatest Leaders” list by Fortune. In September 2018, he announced that he would retire from Alibaba and pursue educational work, effective in one year, with Daniel Zhang succeeding him as executive chairman.
As of 2 February 2019, he is China’s richest man, with a net worth of $41.1 billion, as well as one of the wealthiest people in the world and also was ranked 21st in the world by Forbes Magazine’ World’s Most Powerful People.
Alibaba
Thu, Sep 10th, 1964 12:00 AM
Chinese
Hangzhou Teacher's Institute, B.A. in English (1988)
Alibaba - Co-founder
Alibaba - Executive Officer, (1999 - 2019)
Hangzhou Haibo Translation Agency - Founder, (1994)
Hangzhou Dianzi University - Lecturer in English and International Trade, (1988)
The 2010s was the decade of the unicorn startups and the billionaires. The number of billionaires more than tripled. One became a president. Here are some of the biggest names over the last ten years.
Alibaba’s Hong Kong listing surpassed other large stock sales this year, ranking ahead of Uber’s $8.1 billion IPO. Shares of the e-commerce firm closed up at $23.97 on their first day.
Alibaba will soon go public on the Hong Kong Stock Exchange (HKEX) and has set its share price at HK$188. The company plans to sell a total of 500 million ordinary shares in the Hong Kong listing
The Alibaba Group has closed a deal which guarantees the company 33% equity interest in Ant Financial. The deal means that Ant Financial will no longer pay any pre-tax profits to Alibaba.
Jack Ma, who is one of the technology heavyweights of all time is stepping down after a prolific career as founder and Chairman of the Alibaba Group. He is known to have been steered Alibaba from idea to startup to Global Technology giant.
