How Jack Ma became China's richest man?
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Credit: Wikimedia Commons |
New Delhi:
Founder of Alibaba Group, Jack Ma will retire as Chairman. He will leave the
post of chairman on the occasion of his birthday on 10 September.
Jack Ma will
hand over the reins of the company to Daniel Zhang. It is expected that Jack Ma
can continue in the role of an advisor. After stepping down from the post of
Chairman, Jack Ma will work in the field of education. Jack Ma has assets of $
34.6 billion.
Jack Ma, who led Alibaba to this height, started his career as an
English teacher. Earlier, he was rejected for 30 jobs including KFC.
Surprisingly, despite having no specific knowledge of computing, he started an
online business. He laid the foundation of Alibaba in his apartment two decades
ago. In 2014, Alibaba raised $ 25 billion through the world's largest public
shareholding.
8 things related to Jack Ma
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Credit: Wikimedia Commons |
1) Jack Ma was
born on 10 September 1964 in Hangzhou, China. Born in a poor family, Jack Ma
learned English and for his practice, he worked as a tourist guide for 9 years.
2) He used to speak in English while driving tourists. He used to travel 70 miles
on his bicycle while working as a tourist guide.
3) The
beginning of Jack Ma's career was very challenging. He started his career as an
English teacher. Earlier, they applied for jobs in 30 different places, but
each time they felt disappointed.
4) Once he applied for a job in KFC. 24 people
had applied for this job, out of which 23 people were selected but the only
Jack Ma was not selected.
5) Jack Ma
started the Alibaba company in his apartment. He persuaded some of his friends
to invest in his online marketplace. In October 1999 and January 2000, Alibaba
received a foreign investment of $ 25 million twice. After winning the trust of
Chinese people, Alibaba started touching new heights.
6) According to
Forbes' 2018 list, Jack Ma is the wealthiest person in China. According to
Forbes, his wealth is $ 34.6 billion.
7) In 2014,
Alibaba raised $ 25 billion through the world's largest public shareholding.
8) In 2013, he
left the chair of the Chief Executive Officer to become Board President. After
this, he started work for the promotion of education in rural areas of China
through the Jack Ma Foundation.
Jack Ma is
often in discussion. In the year 2017, Jack Ma dressed like Michael Jackson in
a program organized on the occasion of the anniversary of Alibaba.
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