Jack Ma

What is Jack Ma’s net worth?

Net Worth:

$34 Billion

Age:

58 years old

Born:

October 15, 1964

Gender:

Male

Height:

1.61 m (5 ft 3 in)

Country of Origin:

China

Source of Wealth:

Founder of Alibaba

Last Updated:

July 2023

Jack Ma is one of the most well-known people on the planet today. Alibaba Group co-founder and executive chairman Jack Ma is a well-known business entrepreneur, investor, and philanthropist. Alibaba Group is a multibillion-dollar international corporation.

Jack Ma is a key corporate ambassador for China, and in 2019, he was named one of the World’s Most Influential People. He is a role model for numerous new businesses throughout the world, and he was named second in Fortune’s list of the “World’s 50 Greatest Leaders” in 2018. Ma is the world’s 20th wealthiest person and the third wealthiest person in China.

So, how well-versed in Jack Ma are you? If not much else, we’ve assembled everything you need to know about Jack Ma’s net worth in 2021, including his age, height, weight, wife, children, biography, and personal information. Thus, if you’re ready, here’s all we know about Jack Ma so far.

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What is Net Worth, Salary, and Earnings of Jack Ma?

Jack Ma is well recognized for being one of the world’s wealthiest individuals and the founder of Alibaba, an online commerce platform. He also went a step further by investing in a variety of other businesses. Jack Ma’s net worth is expected to be $23.6 billion in 2023.

Early Life and Biography

On October 15, 1964, Jack Ma was born as Mă Yn. Ma Laifa and Cui Wencai were his parents. He was born in the Chinese city of Hangzhou, in the province of Zhejiang. He began learning English at the Hangzhou International Hotel at a young age by chatting with English speakers.

For nine years, he would ride his bicycle 27 kilometers to offer tours to tourists in order to improve his English. He even became pen pals with one of the foreigners, who gave him the moniker Jack because he couldn’t pronounce his own name.

Age, Height, Weight, and Body Dimensions

So, how old is Jack Ma in 2021, and how tall and how heavy is he? Jack Ma, who was born on September 10, 1964, is 58 years old as of, 2023. Despite his height of 4′ 11′′ in feet and inches and 152 cm in centimetres, he weighs around 130 pounds and 59 kg.

Education

 

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Jack Ma struggled with his education as a child. He failed the Hangzhou Teachers College admission exam twice. He then admitted that he was not adept at math. and his required three years to pass the Chinese admission examinations and was able to enroll at Hangzhou Teacher’s Institute, where he earned a Bachelor’s degree in English in 1988. Jack Ma claims he applied to Harvard Business School ten times and was denied admission each time.

Dating, girlfriends, wife, and kids

He met Cathy Zhang (Zhang Ying), who was also a student, when he was in university. Shortly after their graduation, the two married. Because she was involved in the early stages of Jack Ma’s businesses, Cathy had a significant impact on his life. Ma Yuankun (boy), Ma Yuanbao (daughter), and another child are the couple’s three offspring.

A Professional Life

 

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Jack Ma stated in his autobiography that after graduating from university, he applied for thirty various odd jobs. Even when there was no way he could fail, he couldn’t find work. After hearing about the internet, Jack Ma founded his first company in 1994. Hangzhou Haibo Translation Agency was the company’s name.

He built a “ugly” website in 1995, and within three hours, he was receiving emails from Chinese investors who wanted to learn more about him. In 1995, he started his second business, and within three years, it had made $800,000. He began building websites for businesses, then left his position at the China International Electronic Commerce Centre in 1999 to return to Hangzhou and found Alibaba with his pals.

After three years of success, Alibaba founded Taobao Marketplace, Alipay, Ali Mama, and Lynx in 2003. Taobao was so successful that Jerry Yang, the co-founder of Yahoo, backed him with a $1 billion investment. Alibaba set a record in 2014 when it raised a total of $25 billion in its IPO on the New York Stock Exchange.

Ma oversaw the Alibaba Group and all of its subsidiaries as Executive Chairman. Ma resigned down as the Executive Chair of Alibaba on September 10th, 2018 to focus on his humanitarian endeavors. On September 30, 2019, he made it official.

Awards and Achievements for Jack Ma

Jack Ma is regarded as one of the world’s most successful businesspeople. However, the majority of his medals and distinctions stem from his charity activities and the positive impact he has had on people’s lives. Some of the awards he has received include:

  • In July 2020, King Abdullah II awarded him a first-class medal for his efforts in combating the COVID-19 pandemic.
  • He won the Asian Award for Entrepreneur of the Year in 2015.
  • In 2007, he was named Businessperson of the Year by Businessweek magazine.

Some Interesting Facts of Jack Ma

  • Despite having found a lot of success in the e-commerce market, Ma stated that he knows very little about technology, claiming that his knowledge of it is almost confined to sending and receiving emails.
  • Jack Ma keeps active by practicing Chen-style Tai Chi Chuan on a regular basis, and his personal trainer has also trained him in martial arts.
  • Jack Ma is a remarkable character in today’s society, not only as one of the wealthiest persons on the planet, but also as a role model for many people around the world. He is also a very humble and modest individual, as well as a philanthropist who has aided countless people all over the world. He will be honestly praised for the life he has led.

Jack Ma’s Career Highlights

Here are some of the best highlights of Jack Ma’s career:

  • Offered city tours to foreign visitors in exchange for learning English
  • Graduated from Hangzhou’s Teacher’s Institute (1988)
  • Got rejected for many jobs including Manager’s position at KFC
  • Hired as English teacher at a local university, and made $12/month
  • Gather 17 friends in his apartment, asking them to invest in Alibaba
  • Yahoo invested $1 billion in Alibaba (2005)
  • Resigned as CEO (2013)
  • Recently Chinese Businessman Jack Ma visited Nepal and After Pakistan.
  • Why did Jack Ma visited Nepal?

Favorite Jack Ma Quotes

“Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine.” – Jack Ma

“If you’ve never tried, how will you ever know if there’s any chance?” – Jack Ma

“Opportunities lie in the place where the complaints are.” – Jack Ma

“If we want to change the world, we change ourselves.” – Jack Ma

“Once in your life, try something, work hard at something. Try to change. Nothing bad can happen.” – Jack Ma

Jack Ma’s Bio, Wiki and Facts

Real Name/Full Name Mă Yún
Nick Name/Celebrated Name: Jack Ma
Birth Place: Zhejiang, China
Date Of Birth/Birthday: 10 September 1964
Age/How Old: 58 years old
Height/How Tall: In Centimeters – 152 cm
In Feet and Inches – 4′ 11″
Weight: Kilograms – 59 Kg
In Pounds – 130 lbs
Eye Color: Black
Hair Color: Black
Parents Name: Father – Ma Laifa
Mother –Cui Wencai
Siblings: N/A
School: N/A
College: Hangzhou Teacher’s Institute and Cheung Kong Graduate School of Business
Religion: N/A
Nationality: Chinese
Zodiac Sign: Libra
Gender: Male
Sexual Orientation: Straight
Marital Status: Married
Girlfriend: N/A
Wife/Spouse Name: Cathy Zhang (Zhang Ying)
Kids/Children Name: Ma Yuankun, Ma Yuanbao, and another one
Profession: Business Magnate, investor, and philanthropist
Net Worth: $23.6 Billion
last Update July 2023