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Jack Ma

Founder and Executive Chairman, Alibaba Group

REAL TIME NET WORTH

$48.2B
as of 4/24/21

2021 BILLIONAIRES NET WORTH

$48.4B
 A former English teacher, Jack Ma cofounded Alibaba Group, one of the
world's largest e-commerce businesses.
 On Nov. 3, 2020 regulators halted a planned IPO of fintech giant Ant
Group-where Ma is the largest individual shareholder-in Hong Kong and
Shanghai.
 In September 2019, Jack Ma stepped down as Alibaba's executive
chairman and was succeeded by CEO Yong Zhang, also known as Daniel
Zhang.
 Ma's investments beyond Alibaba include a stake in Chinese media and
entertainment company Huayi Brothers.
 Alibaba's 2014 IPO in New York set a record as the world's biggest
public stock offering, raising $25 billion.
Reference: https://www.forbes.com/profile/jack-ma/?list=billionaires&sh=7d5ff7cc1ee4

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