BIOGRAPHY Jack Ma: Founder of Alibaba, Success Promoter, Career and
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Title : BIOGRAPHY Jack Ma: Founder of Alibaba, Success Promoter, Career and
Achievement
link : BIOGRAPHY Jack Ma: Founder of Alibaba, Success Promoter, Career and
Achievement
BIOGRAPHY Jack Ma: Founder of Alibaba, Success Promoter, Career and Achievement
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Jack Ma is a Chinese Business Owner tycoon known for its e-commerce business venture, 'Alibaba'. This Jack Ma biography provides detailed information about his childhood, profile, career, and timeline.
Quick Facts
- Birthday: September 10, 1964
- Nationality: Chinese
- Famous: Quotes by Jack Ma / Billionaires
- Age: 54 years, male, 54 years
- Sun Sign: Virgo
- Also Known As: Ma Yun
- Born: Hangzhou
- Famous as: Founder & Executive Chair of Alibaba Group
- Founder / Co-founder: Alibaba.Com, Alibaba Group
- Education: Hangzhou Normal University
- Family:
- Spouse / Ex: Zhang Ying
- Children: Ma Yuankun
Jack Ma is one example of the biggest employer in the world today. After a poor boy who survived by guiding tourists, Ma abandoned the business needs that were missed to rise above his simple condition and achieve success. One of the first steps he took in this regard was to improve his communication skills by learning English. Jack was one of the first few individuals to see the Internet as a business opportunity even when the world did not believe in his thinking. After starting his first business using only $ 20,000, the entrepreneur made about $ 800,000 in just three years.
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However, it is an e-commerce based business, 'Alibaba', which he founded in the early 2000s which catapulted this entrepreneur to global fame. The income earned by the company has helped him reach the pinnacle of success and make him the richest person in China. He even co-founded several other similar ventures that were also very successful; one of them is an e-commerce website called 'Taobao'. Jack has also received many awards over the years; some of these include displays in world famous magazines such as 'Forbes', 'Time' and others
Childhood & Early Life
- Jack was born to parents, who were involved in the storytelling profession through music, on September 10, 1964. His birthplace is the city of Hangzhou, located in Zhejiang Province of China.
- From a very young age the child was very interested in gathering knowledge about English and trying his best to communicate better in that language. His enthusiasm for being a better speaker was even used to drive him to a hotel located near his residence, which was often visited by foreigners.
- The young man even began to guide tourists in visiting places to see around the city. The motive is to spend more time speaking English.
- Simultaneously, Ma also aspires to enroll in universities and even attend examinations for the same reason, but it still does not work. He then joined the 'Hangzhou Teacher Training Institute' to pursue a Bachelor in English. Jack graduated from the institution in 1988.
Career
- In the mid-1990s, Jack learned about the existence of the internet and began to see new trends in this technology as a great business opportunity.
- Ma even often visited the United States in 1995 to learn more about the internet. One of his friends even showed him how to connect to the website. In the same year, he even raised $ 20,000 to start his own company with the aim of only focusing on the internet.
- The company's goal is to create a website for their clients. Although this type of business is relatively new, Jack managed to get $ 800,000 in just 3 years.
- His success in the internet field, led to the appointment of Jack as the head of a company led by the 'China International Electronic Commerce Center' agency, in 1998. He continued to work at this IT-based company for the next year.
- After resigning from his responsibilities in 1999, Jack founded a company called 'Alibaba' along with many other friends. The aim is to create a website that is more like a convenience store for business to business transactions.
- During 1999-2000, the company received financial support of $ 25 million, which significantly helped the company's growth. The company's business soon expanded to around 240 countries.
- Jack then tries to venture into e-business, which can be predicted as a big money-making scheme of the 21st century. In this case, he also founded many companies such as 'Taobao', 'Lynx' and 'Ali Mama'.
- ‘Taobao’ started the trend through the internet as a top e-commerce website and even attracted the attention of the business giant, ‘e-bay’, who was interested in acquiring the company. However, Ma is not interested in entering into any type of acquisition agreement with the company.
- 'Taobao' also attracts the attention of another famous internet shark, 'Yahoo'. The company invested $ 1 billion in Jack's venture.
- Jack had been the subject of criticism in 2007, after many people from all over the world protested that the company 'Alibaba' gained huge profits through the sale of animal products, through its portal. On behalf of his company 'Alibaba' and the interests of nature lovers around the world, Jack decided not to sell products made of Sharks meat through online portals.
Great job
- Jack is mainly known as the founder of e-commerce giant 'Alibaba', which is one of the top websites in the business. This company, which is also a tough competitor to other well-known websites such as 'eBay', has helped Ma become the richest person in China.
Award and achievement
- China Central Television named Jack in the '10 Best Business Leaders of the Year 'list, compiled for 2004.
- He was named 'Business of the Year' by the magazine 'Business Week' and was also featured in the list of '25 Most Strong Entrepreneurs in Asia ', in 2005.
- 2009 was an important year in Jack's life; he got a place in 'Time magazine' in the '100 Most Influential People in the World' list. This internet giant also received 'CCTV Economy Entrepreneurs of 2009: Decade of Business Leaders Award'.
- The world-famous 'Forbes' magazine named him the 30th most powerful person in the world in 2014.
- At the Asia Awards Awards ceremony, held in 2015, he was awarded the 'Entrepreneurs of the Year' award.
Personal life
- Ma tied the knot with a woman named Zhang Ying, whom she first met while studying at the 'Hangzhou Teacher's Institute'. Zhang even played an important role in starting Jack's first business venture.
- The couple later became parents of two children, a son and also a daughter.
Net worth
- According to Forbes, Jack's net worth is estimated at around $ 27 billion, in 2015.
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