Net Worth

Jack Ma Net Worth, Real Name, Biography, Age, Family and Unknown Facts

Hangzhou, China – The co-founder and former executive chairman of Alibaba Group, Jack Ma, is the CEO of AliExpress. His path to achievement serves as a motivating example for people who experience several rejections and decide to give up. Discover more about Jack Ma’s life in this article, including his biography, age, career, net worth, relationships, and other facts.

Jack Ma, the visionary entrepreneur and founder of Alibaba Group, has played a pivotal role in transforming China’s business landscape and establishing one of the world’s most influential technology conglomerates.

Jack Ma’s Early Life

On September 10, 1964, Jack Ma, commonly known by his Chinese name Ma Yun, was born in Hangzhou, Zhejiang, China. From an early age, he expressed interest in learning English, studying the subject and using it to practice speaking with English speakers at the Hangzhou International Hotel. In order to improve his English, he also spent nine years giving tours to tourists. He earned the moniker “Jack” from one of these foreigners who he met and later exchanged letters with.

Jack Ma’s Wiki

Full Name Ma Yun
Nickname Jack Ma
Gender  Male
Profession Businessman, Philanthropist, Kung Fu master and politician
Birthday  10 September 1964
Birthplace  Hangzhou, China
Age 58 years old
Zodiac Sign Virgo
Nationality  Chinese
Father Ma Laifa
Mother Cui Wencai
Hair Color Black
Eye Color Dark Brown
Height 5’4”
Weight 56 kg
Religion Buddhism and Taoism
Marital Status  Married 
Spouse  Cathy Zhang
Children 3
Net Worth $ 34 Billion


Due to his unsatisfactory result on the Chinese university admission tests, Ma found it difficult to enroll in university. Only once a year are the examinations given, and Ma needed four years to pass. Later, he enrolled at Hangzhou Teacher’s Institute (now Hangzhou Normal University), where he earned a Bachelor of Arts in English in 1988.

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The Turning Point:

Jack Ma’s life took a significant turn in 1995 when he visited the United States and discovered the internet. Inspired by the potential of online connectivity, he returned to China with a vision to bridge the gap between his homeland and the global marketplace.

Business Career

Ma began teaching English and international trade at Hangzhou Dianzi University after earning her degree. He famously submitted ten applications to Harvard Business School, all of which were turned down. He has also claimed that he applied for thirty different jobs, all of which rejected him. In 1994, he founded Hangzhou Haibo Translation Agency, his own business. Ma first encountered the internet in 1995 while visiting the US with some pals. Even though information on beer from many other nations was available, Ma and a buddy couldn’t locate any information on Chinese beer, so they made their own website and launched it.

Ma led a newly founded information technology company from 1998 to 1999. He apparently received multiple emails from Chinese investors asking for more information about him within a short period of time. Ma and computer tutor He Yibing founded China Pages, Ma’s second business, after seeing the potential of the internet. They acquired 5 million Chinese yuan within three years after registering the domain name “” in the United States in May 1995. Ma then started creating websites for Chinese businesses with the aid of US-based acquaintances.

Ma served as the director of an information technology firm run by the China International Electronic Commerce Center, a division of the Chinese Ministry of Foreign Trade and Economic Cooperation, from 1998 to 1999, but he left the position in 1999 to move back to Hangzhou.

Alibaba Group

With the assistance of eighteen of his friends back in Hangzhou, Ma created Alibaba, a China-based business-to-business marketplace website, in his flat. Alibaba received a total of $25 million in foreign venture capital investment between October 1999 and January 2000.

Alibaba’s growth over the past 15 years has been exponential. The company is currently the biggest online store in the world, surpassing both and eBay combined. Between June 2013 and June 2014, the company’s 280 million active consumers from more than 240 different countries transacted well under $300 billion in goods and services.,, eTao, Alibaba Cloud Computing, Taobao Marketplace, and Yahoo! China are among the company’s six active subsidiaries at the moment. He has received numerous professional accolades, including selection to Fortune Magazine’s 2005 list of the “25 Most Powerful People in Asia” and selection as Businessweek’s “Businessperson of the Year” in 2007. On September 10, 2018, he declared that he would be leaving his post as executive chairman of Alibaba Group Holding, and Daniel Zhang will succeed him.

Global Impact:

Under Jack Ma’s leadership, Alibaba became a global tech giant, connecting businesses and consumers worldwide. The company’s innovative approach to e-commerce and technology not only reshaped the retail landscape in China but also earned Alibaba a prominent place on the global stage.

Beyond Business:

Jack Ma’s influence extends beyond the corporate realm. Known for his charismatic leadership style, he has been a prominent advocate for entrepreneurship and philanthropy. In 2019, he stepped down as executive chairman of Alibaba Group, focusing more on educational initiatives and environmental causes through the Jack Ma Foundation.

Legacy and Future:

As Alibaba continues to thrive as a global powerhouse, Jack Ma’s legacy as a pioneer in the tech industry endures. His journey from an English teacher with a vision to a global tech icon serves as an inspiration for aspiring entrepreneurs worldwide.

Private Life

Jack Ma is a husband. He and Cathy Zhang are wed (also known as Zhang Ying). They became buddies while attending college, and in 1988, after graduating, they got married. Three children were born to proud parents Jack Ma and Cathy Zhang.

Cathy Zhang has also supported Jack Ma’s business endeavors. Up until 2004, she served as the general manager of the Alibaba group. Jack Ma enjoys an extremely happy life with his wife and kids.

One of the tourists that Jack Ma spent some time with gave him the moniker Jack. He used to call Ma by his nickname Jack because he found it difficult to pronounce his Chinese name. Ma Yun later changed his name to Jack Ma.


FAQ about Jack Ma

What is Jack Ma’s Salary?

An estimated $4 billion is Jack Ma’s yearly pay.

Who is Jack Ma’s wife’s name?

 Name of Jack Ma’s spouse is Cathy Zhang.

When was Jack Ma born?

A: Jack Ma was born on September 10, 1964, in Hangzhou, Zhejiang, China.

Q: What is Alibaba Group?

: Alibaba Group is a multinational conglomerate specializing in e-commerce, retail, internet, and technology. It was founded by Jack Ma and his associates in 1999 and has since become one of the world’s largest and most valuable technology companies.

Q: How did Jack Ma start Alibaba?

A: Jack Ma founded Alibaba in 1999 in his apartment in Hangzhou, China, with the vision of creating an online marketplace that would connect Chinese manufacturers with international buyers. The company initially focused on business-to-business e-commerce.

Q: What are some key businesses under Alibaba Group?

A: Alibaba Group operates various businesses, including (a business-to-business online marketplace), Taobao (a consumer-to-consumer online shopping platform), Tmall (a business-to-consumer online retail platform), Alipay (an online payment platform), and Alibaba Cloud (cloud computing services).

Q: When did Jack Ma step down from Alibaba?

A: Jack Ma stepped down as executive chairman of Alibaba Group on September 10, 2019, on his 55th birthday. However, he remained involved with the company in an advisory capacity.

Q: What is the Jack Ma Foundation?

A: The Jack Ma Foundation is a philanthropic organization founded by Jack Ma. It focuses on supporting education, entrepreneurship, women’s leadership, and environmental conservation.

Q: Has Jack Ma faced any controversies?

A: Jack Ma has been involved in occasional controversies, including his statements on the Chinese financial system and regulatory issues. In late 2020, the initial public offering (IPO) of Alibaba’s financial affiliate, Ant Group, was suspended by Chinese regulators.

Q: Is Jack Ma still involved in business?

A: Jack Ma has reduced his involvement in Alibaba Group and focuses more on philanthropy and educational initiatives. He continues to be a prominent figure in the business and tech community.

Q: What is Jack Ma’s net worth?

A: Jack Ma’s net worth can fluctuate based on market conditions and business developments. his net worth was estimated to be around $40 billion, but it’s advisable to check the latest financial reports for the most accurate information.

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