2. Jack Ma is a 50 year old resident
of Hangzhou, China
He currently holds the 33rd spot on
Forbes’ list of billionaires, with a
net worth of $22.3 billion
In September, he broke the record
with a $25 billion initial public
offering of e-commerce
powerhouse Alibaba Group on the
NY Stock Exchannge, which made
him China’s richest man and
enriched Alibaba’s shareholders
Softbank and Yahoo
3. Background Info
Born in 1964 to parents who were Ping Tan performers
Failed College Entrance Exam twice before actually passing due
to low math scores
Graduated from Hangzhou Teacher’s Institute in 1988 and was
rejected from numerous jobs afterward, including a manager
position at KFC
Learned English through the radio and also foreign travelers at a
local hotel and eventually became an English teacher for $12
per month
4. Visited the United States for the first time in
1995
Ma started a translation business that was
meant to help capitalize on the export boom.
When a friend introduced him to the Internet he
was amazed and shocked to learn very little
about China was available.
Career, Etc.
5.
6. He went back to China and created an
internet venture for Chinese companies in
search of customers abroad but the site was a
failure.
Ma then waited four years to try the internet for a
second time this time creating the site Alibaba
2001 had to let go of entire international
staff due to overspending
2013 stepped down as the CEO
7.
8.
9. FUN FACT 1
Even though he started the tech
company, Jack does not know
how to code.
10. FUN FACT 2
He was given the nickname
“Crazy Jack” because of his
manner of speaking and
goals that seemed
unrealistic.