Jack Ma co-founded and led the successful Alibaba Group, which he started in 1999. Some key points:
- He developed an interest in English at a young age and would practice the language with foreigners for free.
- After discovering the internet in 1995, he founded an internet company called China Yellow Pages, which made $800,000 in three years.
- In 1999, he quit his job to found Alibaba with 17 friends, raising $800,000 in capital. Alibaba grew to serve over 79 million members worldwide.
- Under his leadership, Alibaba had a record-breaking $25 billion IPO in 2014, becoming the largest in U.S. history.