#66
Ma Jack
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)99,270,000 shares @ --BABA-US
- BEIJING ENLIGHT MEDIA CO LTD0 shares @ --300251-CN
- Huayi Brothers Media Corp99,783,000 shares @ --300027-CN
- YTO Express Group Co., Class A0 shares @ --600233-CN
- Yunfeng Financial Group Limited0 shares @ --376-HK
Biography
A former English teacher, Jack Ma cofounded Alibaba Group, one of the world's largest e-commerce businesses.
On Nov. 3, 2020 regulators halted a planned IPO of fintech giant Ant Group-where Ma is the largest individual shareholder-in Hong Kong and Shanghai.
In September 2019, Jack Ma stepped down as Alibaba's executive chairman and was succeeded by CEO Yong Zhang, also known as Daniel Zhang.
Ma's investments beyond Alibaba include a stake in Chinese media and entertainment company Huayi Brothers.
Alibaba's 2014 IPO in New York set a record as the world's biggest public stock offering, raising $25 billion.
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.