Jack Ma Net Worth is$1.1 Billion
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Profession: Entrepreneur, Teacher
Date of Birth: Oct 15, 1964
Jack Ma is a businessman and has a net worth of $1.1 billion. Jack Ma made his net worth as founder of China Pages and Alibaba.com, as well as being the CEO of the Alibaba Group. He was born in Hangzhou, Zhejiang Province, China.
Jack Ma (simplified Chinese: ??; traditional Chinese: ??; pinyin: Ma Yun; born September 10, 1964) is the founder, chairman and CEO of Alibaba Group, he is formally an English teacher at Hangzhou Teachers College.
Ma was born in the city of Hangzhou, Zhejiang Province, China. Ma attended Hangzhou Teachers College and graduated in 1988 with a bachelor's degree in English. Ma initially failed the entrance exam twice. While at the school, Ma was elected student chairman. He later became a lecturer in English and International Trade at the Hangzhou Dianzi University. Ma first started building websites for Chinese companies with the help of friends in the US. Ma has commented that "The day we got connected to the Web, I invited friends and TV people over to my house," and on a very slow dial-up connection, "we waited three and a half hours and got half a page.... We drank, watched TV and played cards, waiting. But I was so proud. I proved (to my house guests that) the Internet existed"[original research?]
In 1995, Ma founded China Yellowpages, widely believed to be China's first Internet-based company. From 1998 to 1999, Ma headed an information technology company established by the China International Electronic Commerce Center, a department of Ministry of Foreign Trade and Economic Cooperation. He founded Alibaba.com in 1999, a China-based business-to-business marketplace site which currently serves more than 79 million members from more than 240 countries and territories. Ma now serves as chairman and CEO of Alibaba Group, which is a holding company with six major subsidiaries - Alibaba.com, Taobao Marketplace, Tmall.com, eTao, Alibaba Cloud Computing and Yahoo! China.
In 2001, Ma was selected by the World Economic Forum as a "Young Global Leader". In 2004, he was chosen by China Central Television and its viewers as one of the "Top 10 Business Leaders of the Year".
In 2005, Ma was named one of the "25 Most Powerful Businesspeople in Asia" by Fortune. He w

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Jack Ma Latest News

Jack Ma shakes off tariff war to top China’s 2019 rich list, in latest survey

The average net worth of China’s richest 1,800 people rose 10% over 2018 to $1.4 billion, according to the Hurun Report, which tracks the country’s wealthy. Jack Ma, who retired last month as chairman ...
Posted: October 10, 2019, 4:42 am

Jack Ma wants to empower entrepreneurs in Africa as he moves into retirement mode

SINGAPORE — Jack Ma, philanthropist and founder of Alibaba, wants to empower entrepreneurs in Africa as he moves on to the next stage of his life after leaving the company he started 20 years ago. Ma ...
Posted: October 15, 2019, 10:04 pm

China's Jack Ma to eye education, entrepreneurs and Africa after stepping down from Alibaba

Alibaba founder Jack Ma said that his biggest mission in the coming future will be to look at ways at how education can be done differently and to empower young entrepreneurs in Africa, in his role as ...
Posted: October 16, 2019, 12:12 am
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