“ M E D I A F A N A T I C S ”
M I K E B E R R A N
A N T H O N Y A L L E R U Z Z O
A L E X I N A C E N A N
T A R I E T A Y L O R
K E Y Q U A N H E P B U R N
Background of Jack Ma
“Ma Yun” is the founder of Alibaba Group which is a
highly successful internet based businesses.
In November of 2014, Jack is the richest man in
China and 18th richest man in the world. He is worth
$29.7 billion according to Bloomberg Billionaires
Background Jack Ma
Ma attended Hangzhou Teacher’s Institute and
graduated in 1988 with a bachelors Degree in
In 1955 he wanted to explore more about the internet
and how it could benefit China.
Alibaba was launched in 1999 and is the leading
platiform for global wholesale trade. They served
millions of buyers and suppliers around the world.
The websites holds over 40 different categories of
products including apparel, electronics, etc.
The buyers of these products are located over 190
“Alibaba” going down hill
Alibaba shares went down 9% which is a total of 1.4
billion dollars. Jack Ma stock went down 6.3%.
However with the stock falling, Jack Ma still has net
worth of over 26 billion.
Even though stock dropped, it was still doing better then
It was still one of the richest IPO’s (Initial Public offer)
in U.S History.