Jack Ma

Jack Ma

$41.3B
  • A former English teacher, Jack Ma cofounded Alibaba Group, one of the world's largest e-commerce businesses.
  • In September 2019, Jack Ma stepped down as Alibaba's executive chairman; he is succeeded by CEO Daniel Zhang.
  • Its 2014 IPO in New York set a record as the world's biggest public stock offering, raising $25 billion.
  • Ma's investments beyond Alibaba include stakes in Chinese entertainment industry firms Huayi Brothers and Beijing Enlight Media.

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