Joseph Tsai
$13.7B
Born
Jan 19, 1964
Age
61
Source of Wealth
E-commerce
Residence
Hong Kong,
Citizenship
Canada
Marital Status
Married
Children
3
Education
Bachelor of Arts/Science, Yale University; Doctor of Jurisprudence, Yale University
- Joseph Tsai is a cofounder of Alibaba Group and ranks as its second-largest individual shareholder after Jack Ma.
- He rose from vice chairman to chairman in 2023 amid rising competition for the e-commerce giant.
- In 2024, five years after becoming the owner of NBA team Brooklyn Nets, Tsai sold 15% of its parent company BSE Global to American billionaire Julia Koch and her family for nearly $700 million.
- He holds two degrees from Yale University--an undergraduate degree in economics and East Asian studies and a law degree.
- Taiwan-born Tsai carries a Canadian passport.
- Tsai accepted an initial salary of only $50 a month from Jack Ma when the pair first met in 1999.
- He played lacrosse in high school and college and is an avid follower of the sport.
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