Table of Biography
Jack Ma is a Chinese founder and executive chairman of Alibaba Group and shopping taobao.com. Jack Ma is named one of the 25 Most Powerful Businesspeople in Asia.
Early life
Ma Yun aka Jack Ma was born on September 10, 1964, in Hangzhou, Zhejiang Province, China, and is 57 years old currently. According to the nationality, Jack is Chinese and belongs to the Asian ethnicity.
Jack has maintained to keep his parents away from the media attention. Thus, his parents were from the entertainment field, musical storytellers by profession. Jack was very much interested in learning English.
He worked as a guide for free at a nearby hotel so that he could learn English. Likewise, in 1988, Ma graduated from Hangzhou Normal University. Thus, he graduated with a bachelor’s degree in English.
Later, Jack continues learning at Cheung Kong to improve his education. And, in 2006, he graduated from Business School in Beijing.
Caption: Jack Ma with his parents. Source(Celebrity Family)
Net worth 2024
Jack Ma has created different forms and ventures form facilitate the people. He is the official administrator of the organization and its 9 subsidiaries. Additionally, Jack’s estimated net worth is $47.7 billion. Jack has been living a lavish life.
Achievements
In 2004, Jack was mentioned as Top 10 Economic Personalities of the Year. Later, he was featured in the list of 25 Most Powerful Businesspeople in Asia, in 2005. In 2017, in Business Week magazine, he was named Businessperson of the Year.
Jack was spotted in Time magazine’s list of the World’s 100 Most Influential People. , Jack has received the CCTV Economic Person of the Year: Business Leader of the Decade Award. Thus, he has been awarded many awards and has been also listed by Forbes.
Career
In the mid-1990s, Jack came to know the new technology as a great business opportunity. Likewise, he visited the United States to know more about the Internet in 1995.
One of Jack’s friends showed him how to connect to a website. Later, he raised a fund of $20,000 to start his firm. The main purpose of the company was to create websites for their clients.
This type of business was very new to the world. Thus, Jack managed to earn $800,000 just in 3 years. He was very successful in the field he had chosen.
He was appointed as the head of a firm governed by the China International Electronic Commerce Center. Additionally, Jack worked in this IT-based firm for a year.
Caption: Items sold on Alibaba. Source(Instagram)
In 199, Jack founded a company called Alibaba along with his friends. The objective was to create a website that could serve as a 1 stop shop for business-to-business transactions.
Later, in 1999-2000, the company received a financial backing of $25 million. That helped to grow the company even more.
Therefore, the company has expanded to around 240 different nations and regions. And, Jack Ma tried venturing into e-business. Taobao, Lynx, and Ali Mama were founded by him.
Taobao was trending on the internet as a top e-commerce website. It even caught the attention of the popular e-commerce company eBay. Thus, Ma was not interested in signing a dead; with the firm.
More about career
Another famous company Yahoo also caught the attention of Taobao. It served $1 billion in Jack’s venture. In 2007, Jack was a subject of criticism as there was a wrong protest against Alibaba. There was a claim that the firm raised huge profits through sales of animal products.
Later, Ma decided not to sell products made of Shark flesh through the online portal. And, Jack Ma became the executive chairman of Alibaba Group. Chateau de Sours, Chateau Perenne, and Chateau Guerry are also founded by Jack Ma.
Jack also promised to create 1 million jobs in the US, in 2017. Moreover, Jack celebrated the completion of 18 years of Alibaba Group. Later, he performed on the stage in the song Can You Feel The Love Tonight? Jack was dressed as a heavy metal lead singer.
Thus, he also delivered a performance inspired by Michael Jackson. In 2017, he made a debut as an actor in the short film Gong Shou Dau.
In 2019, he stepped down as the executive chairman of the Alibaba Group. Jack wanted to focus more on philanthropic works through his foundation.
Personal life
Jack Ma married a woman named Zhang Ying. They met each other at the Hangzhou Teacher’s Institute. She has played a great role in initiating Jack’s first business venture. Likewise, they are blessed with 3 children.
Rumors
There was a protest against the Alibaba venture that the firm raised huge profits through the sales of animal products. Later, Jack decided not to offer the things made of Sharks substance online. Now, Jack has maintained to stay away from the rumors and controversies.
Jack Ma – Social Media 2024
He is active on Twitter and Facebook accounts. In His Facebook account, he has 279k followers. Jack joined Twitter in March 2020 with an account named @JackMa. Currently, he has 654.3k followers.
Jack Ma – Body Measurements 2024
Jack stands 5 feet 5 inches tall and weighs around 59 kg. And, Ma has black hair color as well as black eyes color. The other information about Jack’s body is not revealed yet.