Life Changing Story of China’s Richest Man

Real NameMa Yun
Date of BirthSeptember 10, 1964
Age53 Years
Birth PlaceHangzhou, China
Net worth
40.9 billion USD (2018
SpouseCathy Zhang
EducationCheung Kong Graduate School of Business (2006), Hangzhou Normal University (1988), De La Salle University
ChildrenMa Yuankun
Ma Yuanbao
ProfessionChinese business magnate,
A philanthropist
Acting DebutIn a Short film: Gong Shou Dao.
Zodiac SignVirgo
Honorary Doctoral degreeHong Kong University of Science and Technology
FatherMa Laifa (Musician and storyteller)
MotherCui Wencai (Musician and storyteller)
HeightIn feet: 4 feet 11.75 inches
In centimeters: 152 cm
In meters: 1.52 m
In Kilograms – 59 kg
In Pounds – 130 lbs
In Kilograms: 59 kg
In Pounds: 130 lbs
Eye ColorBlack
Hair ColorBlack
Favorite MovieForrest Gump (1994)
Stakes in several companies Taobao Marketplace, Tmall, eTao, Alibaba Cloud Computing, Juhuasuan,,
Social mediaNo
Ranked 2ndAnnual “World’s 50 Greatest Leaders
HobbiesTai Chi And Kung Fu Novels
First Company which failed China Yellow Pages
Learnt EnglishBy giving tourists free guides
Seen internet for the first time1995 during his first visit to US
Jack Ma loves Dogs
Owns anAlsatian named Apollo.
Jack Ma wants To make movies
Alibaba was started asA B2B online portal in 1999
Earlier ProfessionTeacher
First Salary12-15 USD per month
First mainland Chinese entrepreneurOn cover of Forbes.

Personal Life:

We all are largely social animals continually searching for a dream, all things considered, to trigger our point of view and look for motivation from them. Indeed, even as a kid, you grow up tuning in to stories of how a saint acts the hero of his kin and his family, you discover comfort in such stories.

Who actually is Jack Ma?

Image Credits: Getty Images

Jack Ma is the only founder of E-business Alibaba. He is also a confederate at Alipay. He is undoubtedly the richest man in China. Jack Ma has a wealth of $25 Billion.

Jack Ma now also has a 7.8% stake in Alibaba. Not only that he also holds the half stake in Alipay. If you compare Facebook, E-Bay and Amazon then also the worth of Alibaba is more.


Image Credits: Getty Images

He and his kin grew up when comrade China was progressively detached from the West, and his family didn’t have much cash when they were youthful.

Mama was gaunt and regularly got into battles with colleagues. “I was never perplexed by adversaries who were greater than I,” he reviews in “Alibaba,” a book by Liu Shiying and Martha Avery.

In any case, Ma had side interests simply like some other child. He preferred gathering crickets and influencing them to battle, and could recognize the size and kind of cricket just by the sound it made.

After then-US president Richard Nixon went by Hangzhou in 1972, Ma’s main residence turned into a traveler mecca.

Image Credits: Getty Images

As a young person, Ma began awakening right in time to visit the city’s principal inn, offering guests voyages through the city in return for English lessons.

The epithet “Jack” was given to him by a traveler he becomes a close acquaintance with.

View Additionally: The Guy Who Hacked 500+ Companies


Image Credits: Getty Images

Now by this time he was changed into an English teacher even before he got a degree.

He was rejected time and again, but he was not a failure. Jack Ma as an altogether fortunate bloke who basically changed into an especially rich individual in a snap. In any case, it can be safely said that Jack Ma was the favorite child of Rejections.

You can never imagine the amount of time Jack Ma was rejected and was failed back miserably. Jack Ma even failed during his primary school examinations two times. He even tried to get enrolled in the Harvard University but was rejected from there too.  This was simply in the midst of his instruction. Amid and after his Bachelor’s degree Jack endeavored and fail to arrive a position at countless.

Jack Ma says, When for the first time KFC came to China, there were just 24 people who went to see its movement. Twenty-three people were recognized. I was the principle individual who wasn’t.

Jack Ma was repeatedly told no, you are not good, you can not do anything. Also, in his Entrepreneurial endeavors, Jack Ma continued to bomb on two of his essential endeavors. In any case, that didn’t stop him in any way of imagining greater. Down, yet not Out.

Image Credits: Getty Images

Fun Facts:

Ma had no relationship with PCs or coding, yet he was mesmerized by the web when he utilized it out of the blue amidst a trip to the US in 1995.

He had begun late began an interpretation business and influenced the journey to help a Chinese firm to recoup a part.

Ma’s first online intrigue was greater, yet he was dazed to find that no Chinese mixes turned up in the outcomes. It was then that he developed a web relationship with China.

Image Credits: Getty Images

Dismissing the way that his basic two endeavors fizzled, following four years he accumulated 17 of his partners in his townhouse and impacted them to put resources into him and his vision for an online business center he called “Alibaba.” The webpage page enabled exporters to post thing postings that clients could purchase especially.

Before long, the association began to pull in individuals from wherever all through the world. By October 1999, the affiliation had raised $5 million from Goldman Sachs and $20 million from SoftBank, a Japanese telecom affiliation that additionally puts resources into advancement affiliations.

The social event stayed cherishing and sketchy “We will make it since we are youthful and we never, never surrender,” Ma said to a party of workers.

Jack Ma is the facilitator of the E-business mammoth Alibaba and is an embellishment at Alipay, it’s sister alliance which is an E-segment entrance.

Image Credits: Getty Images

Jack Ma’s story teaches us that it’s never too late to believe in yourself.

At the yearly investors meeting in May 2009, Ma urged those in participation to make a move by beginning organizations to adapt to the monetary downturn instead of sitting tight for government or business to help them.

Jack Ma Alibaba quotes:

“Our test is to help more individuals to profit, ‘practical cash,’ cash that isn’t beneficial for themselves yet in addition useful for the general public. That is the change we are meaning to make.”

Chinese people, young people, they don’t go shopping a lot in department stores. All department store guys hate me. They say business is bad because of Jack.

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Article by: Born Realist