Jack Ma is a Chinese business magnate and philanthropist who is the founder and chairman of Alibaba Group. He was born in 1964 in Hangzhou, China and despite failing the university entrance exam three times, he graduated from Hangzhou Teacher's Institute in 1988 with a degree in English. He applied to 30 jobs with no success before starting his own business in 1995 which grew to earn $800,000 within three years. In 1999 he founded Alibaba in his apartment with 17 friends which has now grown to serve over 79 million members worldwide. Ma has received numerous honors and awards for his entrepreneurship and philanthropy.

1. Saad Ahmed Siddiqui 15K2881
JACK MA (MA YUN)

2. INTRODUCTION
• 10 September 1964.
• From Hangzhou, Zhejiang, China.
• Chinese business magnate and philanthropist.
• By 2014, richest man in mainland China.
• US$23.2 billion (April 2016).
• Founder and Chairman of Alibaba Group.

3. BACKGROUND:
• His parents were traditional musician-storytellers.
• At an early age, Ma developed a desire to learn English.
• He did this for nine years.
• He became pen pals with one of these foreigners, and she
nicknamed him "Jack", because his real Chinese name was too
difficult to pronounce.

4. • Later in his youth, and although he failed the university entrance
exam three times, Ma attended Hangzhou Teacher's Institute.
• Graduated in 1988 with a bachelor's degree in English.
• He became a lecturer in English and International Trade at
the Hangzhou Dianzi University and later enrolled at Beijing-
based Cheung Kong Graduate School of Business (CKGSB),
graduating in 2006.

5. CAREER:
• Ma applied for 30 different jobs and got rejected.
– "I even went to KFC when it came to my city. Twenty-four people went for
the job. Twenty-three were accepted. I was the only guy ...“.
• He started a company named China Yellow Pages (dedicated to
creating websites for companies) in 1995 by collecting 20,000$.
• Within three years, his company had made 5,000,000 Chinese
Yuan which was equivalent to US$800,000

6. • From 1998 to 1999, Ma headed an IT Company established by
the CIECC, a department of the Ministry of Foreign Trade and
Economic Cooperation.
• In 1999, he quit and returned to Hangzhou with his team to
found Alibaba, a China-based business-to-business marketplace
site.
• In his apartment with a group of 17 friends. He started a new
round of venture development with 500,000 yuan.
• Alibaba serves more than 79 million members from more than
240 countries and territories.
• In September 2014 it was reported Alibaba was raising over $25
billion

7. ACHEIVEMENTS
• Ma has often been invited to lecture at universities such as
the Wharton School at the University of Pennsylvania, MIT, Harvard
University, andPeking University.
• In 2004, Among the Top Ten Bussiness Leaders of the Year.
• In 2005, was selected Young Global Leader also among 25 Most
Powerful Business people in Asia (Fortune Megazine).
• In 2009, Among the 100 most influential people (Time).
• In 2010, Ma was selected by Forbes Asia as one of Asia’s Heroes of
Philanthropy for his contribution to disaster relief and poverty. In
2010, Ma was selected by Forbes Asia as one of Asia’s Heroes of
Philanthropy for his contribution to disaster relief and poverty.

8. • In 2014, he was ranked as the 30th most powerful person in the
world in an annual ranking published by Forbes.
• In 2015 he was honoured with the Entrepreneur of the Year
award at The Asian Awards.

9. THANKYOU 