Jack Ma - Biography
Last Modified: Jul 7, 2020
|Born on :||September 10, 1964 (age 57)|
|Birth Name /
|Jack Ma Yun|
|Birth Place:||Hangzhou, Zhejiang, China|
|Father's Name:||Ma Laifa|
|Mother's Name:||Cui Wencai|
|University:||Hangzhou Normal University|
|Wife's Name:||Cathy Zhang|
Ma Yuankun (son)
|Height:||1.65 meter (5 feet 5 inch)|
|Weight:||59 kg (130.07 lb)|
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Who is Jack Ma?
Jack Ma is a Chinese wealthy businessman, investor, and philanthropist. He is co-founder and executive chairman of the Alibaba Group and a billionaire.
Jack Ma: Age, Family, Education
Jack Ma was born on September 10, 1964, in Hangzhou, Zhejiang, China. He learned English from an English speaker at the Hangzhou international hotel. He was nicknamed as "Jack" by a foreigner.
Source: Eyerys (Jack Ma with his brother and sister)
Ma's father is Ma Laifa, a photographer and mother is Cui Wencai a factory worker. He has two siblings- an older brother and a younger sister.
During school, he failed twice during primary school test and thrice at his elementary school test. Jack Ma graduated from Hangzhou Normal University B.A in English as a major in 1988. He spent four years to pass Hangzhou Teacher's Institute as a lecturer of English at Hangzhou Dianzi.
Source: Celebrity Family (Jack Ma with his parents)
Jack Ma: Career
Ma career startup was not good. He applied for 30 different jobs but rejected from all. He went for a job as police but rejected and went to KFC for a job but all other 23 applicants got a job except him. But he did not give up.
Ma went to the USA in 1994 with his friends. There he was surprised to see that there was no information regarding his home country. He and his friend created a rather unpleasant website to give information regarding China.
And within 3 hours multiple emails were received from multiple investors. They started their first company by raising $20,000 and within 3 years the company made $800,000.
Source: Medium (Jack Ma in Alibaba's conference)
In 1998, Jack Ma was chosen as the head of Information technology company. The company was indeed created by the China International Electronic Commerce Center, which is a department of the Ministry of Foreign Trade and Economic Cooperation.
In 1999 Jack Ma left the job and founded Alibaba, a China-based business marketplace website with a group of 18 friends and won $25 million foreign venture capital investment.
With hard work, they perfected Alibaba, e-commerce website and also founded Taobao Marketplace, Alipay, Ali Mama, and Lynx. eBay tried to purchase their company but they turned them down. Instead, they received $1 billion in investment support from Yahoo.
Ma started his acting career from short film Gong Shou Dao which was shown in the Double 11 Shopping Carnival Singles' Day. He also reportedly sang and danced during Alibaba's 18th-anniversary party.
Jack Ma: Wife, Children, Relationship
Jack Ma met his wife Cathy Zhang in college and married her shortly afterwards in the year 1988. They were blessed with two children, a son Ma Yuankun born in 1992 and a daughter Ma Yuanbao.
Ma Yuanbao is a graduate from Berkeley University in California.
Source: Cross Border Management (Jack Ma with his son)
Jack Ma: Awards, Political involvement
Jack Ma was awarded a doctoral degree by the Hong Kong University of Science and Technology in November 2013 and was named The Entrepreneur of the Year in 2015.
Ma was identified as a member of the Communist Party of China in November 2018.
Jack Ma: Net Worth
His net worth has been estimated at around $43.2 billion while the figures on his annual salary has not been shared with the public.
Jack Ma: Instagram, Twitter, Facebook
On social media Jack Ma is absent from Instagram, Twitter, Facebook, at least from the public eye.
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