#93
Jack Ma
Overview
- Source of Wealth
- E-commerce
- Industry
- Technology
- Residence
- Hangzhou
- Education
- Hangzhou Teacher's Institute (Bachelor of Arts/Science)
- Marital Status
- Married
Assets
- Alibaba Group (ADR)85,120,000 shares @ --BABA-US
- Huayi Brothers Media Corp72,038,000 shares @ --300027-CN
- YTO Express Group Co., Class A0 shares @ --600233-CN
Biography
A former English teacher, Jack Ma cofounded Alibaba Group Holding, now one of the world's largest e-commerce businesses, in 1999.
The former high-flying billionaire stepped down as Alibaba's executive chairman in 2019.
After approximately a year overseas, Ma returned to China in 2023 just as Alibaba unveiled a plan to split itself into six businesses.
But that overhaul has been on hold after the company walked back from the IPO plans of its Cainiao logistics unit and cloud computing arm.
Ma remains a mentor, and often encourages employees to innovate and change at a time of heightened market competition.
About
Ma owns a vineyard in France.
Ma is a fan of martial arts and has sparred against Jet Li and others in a short promotional film.