Jack Ma

Jack Ma Yun is a Chinese business entrepreneur, philanthropist, and investor. He is the co-founder and former executive chairman of the international technology firm Alibaba Group. He is also a co-founder of Yunfeng Capital, a Chinese private equity business. Jack Ma is a staunch supporter of an open, market-driven economy.

According to the Bloomberg Billionaires Index, Jack Ma had a net worth of $21.8 billion in August 2014, making him one of the richest Chinese billionaires. Ma was placed second on Fortune's annual list of the "World's 50 Greatest Leaders" in 2017. He is widely regarded as an informal worldwide ambassador for Chinese business and is a powerful figure in the startup scene. In September 2018, he announced his retirement from Alibaba to pursue educational, philanthropic, and environmental initiatives; Daniel Zhang succeeded him as executive chairman the next year.

Net worth: : $22,8 billion