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

Want to Invest in Jack Ma? Avoid Alibaba’s Rivals

HONG KONG—Global investors looking to buy stakes in China’s most valuable private technology company are being forced to pick a side in the nation’s biggest business rivalry. Ant Financial Services Group, a financial-technology juggernaut controlled ...
Posted: May 20, 2018, 8:05 am

Alibaba’s Jack Ma Joins the Bitcoin Bashing Brigade but Backs Blockchain

Jack Ma has joined the bitcoin bashing brigade, although he remains keen on blockchain. Ma, chairman of Alibaba and considered China’s richest man, said during the second World Smart Conference in Tianjin that bitcoin is a bubble, according to a local ...
Posted: May 18, 2018, 5:55 am

E-Commerce Giant Alibaba's Jack Ma Says Blockchain Is Not a Bubble, Bitcoin Is

Jack Ma, the founder of Chinese e-commerce giant Alibaba, spoke out at the 2nd World Intelligence Conference in Tianjin, saying that blockchain technology is not a bubble, but Bitcoin is, Wednesday, May 16. Ma said he has been researching blockchain for ...
Posted: May 17, 2018, 7:32 am
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