Jack Ma, the CEO of AliExpress, is the co-founder and former executive chairman of Alibaba Group. His road to success stands as a bright example for those who suffer many failures and choose to give up. In this article, we will provide you with information regarding Aliexpress CEO net worth, biography, personal life, and much more.
Following a year-long stint as the leader of a Ministry of Foreign Trade and Economic Cooperation-backed Beijing Internet venture, Ma returned to Hangzhou to co-found Alibaba Group and introduce a platform that streamlines transactions between small enterprises. Jack thought the Internet market for small businesses to small businesses had greater room for expansion than the business-to-consumer space.
Aliexpress CEO Life Story
Jack Ma’s official Twitter account, with the handle Jack Ma, has 671,000 followers. He started off his career by opening the first office for China Pages, originally a trial website containing various information about China, with his friend He Yibing in April 1995. He then started building websites for different Chinese companies with his friends from America.
Jack Ma has faced many failures in life, whether it is getting rejected by a hotel for a waiter’s job due to having a bad appearance or failing his college entrance examination and falling into depression. Later on, he applied to Harvard Business School a total of ten times but got rejected every time.
But he showed incredible dedication to learning English, starting with a pocket radio when he was 12 and continuing his practice several years later by guiding foreign tourists after riding 27 kilometers on his bicycle. Though he failed the entrance examination twice and didn’t meet the mark by a little on his third try, he still managed to get into Hangzhou Normal University due to his excellent English.
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Aliexpress CEO Net Worth and Bio
Jack Ma, alongside being the co-founder of Alibaba Group, is also the co-founder of Yunfeng Capital, which is a Chinese private equity firm. He also worked as a lecturer in English at Hangzhou Dianzi University. His business career kick-started through a website he published with his friend in 1994 just to test out how the internet works. And from then on, he only had to go higher. Here is a summary of this perseverent man’s biography:
Name | Jack Ma Yun (马云) |
Birth | 10 September 1964 |
Birthplace | Hangzhou, Zhejiang, China |
Net worth | $37.1 billion |
Religion | Buddhism, Taoism |
Profession | Business magnate, investor, philanthropist, actor |
Gender | Male |
Wife | Zhang Ying |
Children | 3 |
Aliexpress CEO Stature & Weight
Jack Ma is a man of thin stature and short height, but he is best known for his beautiful, friendly smile. Aliexpress CEO Family
Jack Ma is the son of two musicians, Ma Laifa and Cui Wencai. The family was not very well-off, so Ma had to grow up in a poor household with almost no access to luxuries. However, his parents loved and supported him in every way despite his various failures.
Aliexpress CEO Net Worth
According to a report by the Bloomberg Billionaires Index from March 2024, the CEO of AliExpress, Jack Ma, has a net worth of $37.1 billion, which makes him the fifth wealthiest person in China. According to the same report, he is also the 35th wealthiest person in the world. In fact, in August 2014, he was the richest person in China, with a net worth of $21.8 billion.
A wonderful fact about Jack Ma is that he is quite a philanthropist for a billionaire. He announced his retirement from Alibaba in September 2018 to pursue philanthropy and other goals. In 2019, he was named in the list of “Asia’s 2019 Heroes of Philanthropy” by Forbes. He has worked to support various underprivileged communities in China, Africa, the Middle East, and Australia.
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Aliexpress CEO Political Views, Religion, and Ethnicity
Jack Ma is Chinese and a follower of Buddhism and Taoism. He has been identified as a Chinese Communist Party (CCP) member.
Aliexpress CEO Dating Life
Jack Ma is married to a woman named Zhang Ying. They met when they were both students at Hangzhou Normal University and got married right after graduation. She has been a personal supporter of Ma and assisted him in establishing his first company and doing various charity works.
Aliexpress CEO Info & Trivia
In 2017, Jack Ma made his acting debut by appearing in a short film named Gong Shou Dao. Before his business career began, he had applied to a total of 31 jobs and got rejected by all of them.