Jack Ma

A former English teacher, Jack Ma is a Chinese billionaire businessman who founded Alibaba Group and served as its Executive Chairman. Alibaba is a multinational technological conglomerate specializing in e-commerce, retail, and technology. It offers C2C, B2C, and B2B sales, electronic payments, shopping search engines, and cloud computing services.

Alibaba is the world's largest retailer and e-commerce company, with a global brand value of $6 billion in 2018. Jack Ma is a prominent philanthropist who has helped numerous poor communities in China, Africa, Australia, and the Middle East. For those humane deeds, he was voted by Fortune magazine as one of the 25 most powerful businessmen in Asia. In 2017, he ranked 2nd in the list of 50 greatest leaders in the world. On September 20, 2018, he announced his retirement, leaving the position of CEO of Alibaba to pursue the field of education.

Jack Ma's net worth is $48.4 billion as of October 16, 2021, giving him a notable billionaire in China and Asia's sixth-richest richest person.

Net worth: US$48.4 billion

Country: China