Jack Ma is a famous Chinese entrepreneur, investor, and philanthropist who is best known as the former executive chairman and co-founder of the multinational conglomerate, Alibaba Group. He has been one of the richest people in the continents of Asia and China.
Jack Ma Biography, Net Worth And Age
|Net worth||$34 billion|
|Full Name||Jack Ma/ Ma Yun|
|Birthplace||Hangzhou in Zhejiang, China|
|Profession||Entrepreneur, Chinese businessman|
Jack Ma Early Life
Jack Ma was born in Hangzhou (a city in China), Zhejiang. His birth date is 10 September 1964. At an early age, he started studying English by conversing with some English speakers at Hangzhou International Hotel. At the age of twelve, he brought a radio and started listening to English radio every day. He along with his cousin applied for a waiter job at a hotel. Jack Ma got rejected because of his appearance while his cousin got hired. Then he started working as a porter and secretary.
After his hard work in college for getting good grades, he got promoted to the undergraduate foreign language. He became a good student after entering Hangzhou Normal University. He has excellent academic performance in the university and is ranked in the top five of the foreign language department with his excellent English skills. His mathematics was weak, so he failed entrance exams two times. After three years, he passed the exams and got enrolled in Hangzhou Normal University. He completed his Bachelor of Arts in English in 1988. After his graduation, he became an English lecturer at Hangzhou Dianzi University.
Jack Ma Career
After searching for many jobs, Jack Ma started his own company in 1994. He visited US along with his friends in 1995. He was surprised to know that there was not any information about China on the internet about beer. So, he made a website with his friend and within few hours he started getting emails from some investors. In 1995, he started his own second company named “China Pages”. After the success of his company, he started developing websites for many companies.
In 1999, Jack Ma was the head of an IT company but he resigned after some months and founded “Alibaba” company with his 18 friends. After the huge success of Alibaba, many companies including eBay offered to buy Alibaba. He was executive chairman of Alibaba Group. He often participated in acting and singing festivals. He also founded “Jack Ma Foundation” which focused on improving environment and public health, and education. He gave a lot of donations to different charity groups.
- 2004 – Top 10 Economic Personalities of the Year
- 2005 – Young Global Leader and award for one of the “25 most powerful Businesspersons in Asia”
- 2007 – “Businessperson of the Year Award”
- 2008 – Award for one of the 30 “World’s best CEOs”
- 2010 – “Asia’s Heroes of Philanthropy Award”
- 2015 – He received “Entrepreneur of the Year award”
- He got ranked second in World’s 50 Greatest Leaders list in 2017.
- 2020 – Hilal e Quaid e Azam medal from President of Pakistan.
Jack Ma Net Worth
Jack Ma is one of a successful businessman and entrepreneur who has a net worth of about 34 billion dollars. He was considered one of the richest people in Asia and China.
Jack Ma Features