Portrait of Jack Ma

Rank #90

Jack Ma

Net worth $27.5B

E-commerce · China

Born
Sep 10, 1964
Age
61
Source
E-commerce
Residence
Hangzhou, Zhejiang
Citizenship
China
Marital status
Married
Children
0
Education
Bachelor of Arts/Science, Hangzhou Teacher's Institute

Net worth over time

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. 
  • 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.

Financial assets

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