Intro

Jack Ma is a Chinese business mogul, investor, co-founder, and executive chairman of Alibaba Group. He is one of the most powerful personalities in the world who frequently makes it to the “World’s Most Powerful People” list by Forbes.

Family Life

Jack Ma was born on the 10th of September 1964, in Hangzhou, Zhejiang, China. He’s currently 56 years old. Jack Ma is the son of Ma Latifa and his wife Cui Wencai.

His parents are both musicians and storytellers. He grew up with his siblings: an older brother and a younger sister. He struggles a lot to get admission in college and took four years to pass the Chinese entrance exams.

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Qualification

After his school studies, Jack Ma enrolled at the Hangzhou Teacher’s Institute (now Hangzhou Normal University), graduating with a B.A. in English. He later attended the Cheung Kong Graduate School of Business and graduated in 2006.

Journey Of Life

When he started his career as an English teacher, few could have predicted him to become an internet mogul.

After graduation, he briefly worked as a teacher along with his wife Zhang Ying before moving to the US. His business endeavors kicked started. He and his friend founded a company called “China Yellow Pages” which had something to do with website creation for businesses. His company saw an exponential growth that within three years, he was able to make $800 thousand.

In 1995, he found China Yellow Pages, the first internet company ever established in China. In 1998, he was hired to head an IT company set up by the China International Electronic Commerce Center, which falls under the Ministry of Foreign Trade and Economic Cooperation. He quit his job in 1999.

In 1999., Jack Ma founded Alibaba.com, a business-to-business commerce site. Since that, Alibaba has grown exponentially becoming one of the largest online marketplaces in the world.

Ma is a board member of Japan’s SoftBank and China’s Huayi Brothers Media Corporation. He became a trustee of The Nature Conservancy’s China program in 2009 and joined its global board of directors in April 2010.

Today, his group of companies, Alibaba and its subsidiaries, is one of the world’s largest and most valuable tech companies valued at several billion dollars. He also owns several other companies across the globe.

In October 2017, he received the honorary degree of Doctor of Science in Technopreneurship from De La Salle University-Manila, Philippines.

Ma has often been invited to lecture at universities such as the Wharton School at the University of Pennsylvania, Massachusetts Institute of Technology, Harvard University, and Peking University.

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Film

In 2017, Jack Ma entered the acting industry with his first kung fu short film Gong Shou Dao. It was filmed in collaboration with the Double 11 Shopping Carnival Singles’ Day.

Achievements and Awards

• 2009: Business Leaders of the Decad
• 2005: Business Person of the Year
• 2015: Entrepreneur of the Year

How Rich IS Jack Ma?

Jack Ma has a net worth of $52 billion US dollars. Ma’s incredible wealth comes from his 6.3 percent stake in Alibaba Group Holdings, roughly 160 million shares, and the online payment service Alipay. He also has stakes in several companies including Taobao Marketplace, Tmall, eTao, Alibaba Cloud Computing, Juhuasuan, 1688.com, AliExpress.com, to name a few.

Ma owns several expensive properties worldwide including the 9,890-square-feet luxury house in Hong Kong which he bought recently for a whopping $193 million. He also purchased a 28,100-acre property in New York’s Adirondacks for $23 Million.

He may not be the world’s richest person, but he owns some of the world’s finest cars like BMW 760Li, Mercedes Maybach 62S, and private jets like Gulfstream 550, amongst others.

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Personal Life

Jack Ma tied the knot with Zhang Ying in 1998 in a private ceremony, whom he met while studying at Hangzhou Normal University, in the late 1980s. The couple has three children: a son, Ma Yuankun (also known as Jerry Ma), born in 1992, a daughter Ma Yuanbao, and one other.

Jack Ma: Body Status

He has a height of 5 ft. 5 inches and weighs 59 kg. Also, he has black hair and black eyes.

Social media Followers

He does not seem to be active on social networking sites like Facebook, Instagram, Twitter, etc.

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