Jack Ma Biography, AliBaba Foundation & More

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Jack Ma and Ali Baba Group Introduction  

Jack Ma Pic - Bio Rise

Jack Ma Real Name "Mǎ Yún" Is a Chinese Enterpreuner, Investor And Philanthropist. Jack Ma Is Co-Founder and Former Executive Chairman Of AliBaba. AliBaba Is Chinese Multi-National Technology E-Commerce Company. AliBaba Group Was Founded In 4, April 1999, Hangzhou China. The Current CEO Of AliBaba Is Daniel Zhang. AliBaba Generates Revenue Of $72 Billion, 2020. 

Jack Ma Biography

 Jack Ma Was Born On 10 Sept, 1964 In China. At The Age of 13, He Started To Learn English But It Wasn't Usual In China, Chinese People Don't Learn English At That Time. He Learned English By Becoming Tourist Guide. He Used To Speak English With Tourists. He Did Tourist Guide Job Till 9 Years and He Bacame Good At English. Jack Ma Failed 2 Times In 4th Class and 3 Times In 8th Class. However After Passing School, He Failed 5 Times In Graduation. After That Jack Joined a Low Class Institute. He Passed Graduation In English From That Institute In 1988. Jack Ma Applied For 30 Different Jobs But EveryTime He Failed. When KFC Was First Time Introduced In China, 24 People Applied For Job In KFC, 23 People Got Their Jobs In KFC Except Jack.  Jack Was Good at English Thats Why Later He Was Appointed As Lecturer In College, He also Worked As Translater For Sometime. 

 Foundation Of AliBaba Group 

 
Alibaba logo - Bio Rise

 In 1995, He Went To Meet His Friend In America, Where He First Time Saw Internet. He Searched His First Word On Internet "Beer". He Saw Many Things Regarding Beer From Several Countries But There Wasn't Anything From China. Jack Saw A Opportunity For Himself In Internet. After Some Research, Jack Made A Website With His Friends Named "China Yellow Pages". He Didn't Get Any Funding From China and Eventually He Also Failed In It. Even After, Jack With His Wife and 20 Other Friends Made another Website Named " AliBaba.com". Jack Faced Many With This Company and Eventually Succeed. After Four Years Of AliBaba Group, AliBaba Beat E-Bay From China. Jack Ma Is One Of The Richest Man In the World.  

Jack Ma Net Worth 

Jack Ma Estimated Net Worth Of 2020 Is $65.3 Billion According To Forbes. 

Questions And Answers 

1. Who Is The Richest Man Of China? 


A: The Richest Man Of China Is Ma Huateng Founder and CEO Of Tencent, While Jack Ma Is Second.

2. Who Is The Richest Man In Asia? 


A: Mukesh Ambani Is The Richest Person In Asia and Eighth Richest Person In The World With The Net Worth Of $81.7 Billion. 

3. How Many Billionaires Does China Have?

 
A: The China Has 373 Billionaires. 

 Jack Ma Quotes
  • Leadership is your instinct, then it's your training. Leaders are always positive, they never complain. 
  • I know nothing about technology, I know nothing about marketing, I know nothing about (the legal) stuff. I only know about people.
  • A leader should incentivize, but not with money. You give trust, respect, appreciation, and correct, heartfelt advice. 
  • A good boss is better than a good company.
  • I always find people smarter than I am. Then my job is to make sure smart people can work together. Stupid people can work together easily, smart people can't.
  • My favorite movie is 'Forrest Gump.' He said nobody makes money catching whales, people make money catching shrimps. So we serve small business.
  • As entrepreneurs, if you're not optimistic, you're in trouble. So the people I choose, they have to be optimistic.
  • Philanthropy is not about helping others, it's about helping yourself. When you change, the world changes.
                     End Note 
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