Jack Ma - Forbes

PROFILEJack Ma$23.6B$41M (0.17%)

Real Time Net Worth

as of 12/19/24Reflects change since 5 pm ET of prior trading day.#82 in the world todayPhoto by Marlene Awaad/BloombergFrom the Editor

• A former English teacher, Jack Ma cofounded Alibaba Group, 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 now appears to be on hold after the company walked back from the IPO plans of its Cainiao logistics unit and cloud computing arm.
• Ma remains a spiritual leader, and often encourages employees to innovate and change at a time of heightened market competition. 

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Forbes Lists

#8China's 100 Richest (2024)#81Billionaires (2024)#21Powerful People (2018)#7Richest In Tech (2017)Global Game Changers (2016)More ListsPersonal StatsAge60Source of WealthE-commerce, Self MadeResidenceHangzhou, ChinaCitizenshipChinaMarital StatusMarriedEducationBachelor of Arts/Science, Hangzhou Teacher's InstituteDid you knowMa 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.Related People & CompaniesJeff BezosView ProfileAlibaba GroupHolds stake in Alibaba GroupView ProfileChinaCitizen of ChinaView ProfileJerry YangBusiness PartnerView ProfileYTO Express GroupHolds stake in YTO Express GroupView ProfileJason JiangRelated by financial asset: Huayi Brothers Media CorpView ProfileSee MoreSee Less

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