Jack Ma’s Family

Jack Ma’s Family

Jack Ma was born in Hangzhou, China, to a poor family. His father was a storyteller and his mother was a traditional Chinese medicine practitioner. He has two older brothers.

Ma started school at age eight because the Chinese government had just begun to mandate nine years of education for all children.

At first he struggled because he couldn’t speak Mandarin Chinese fluently like his classmates. But he eventually learned the language and went on to graduate from Hangzhou Teacher’s Institute (now known as Hangzhou Normal University) with a bachelor’s degree in English in 1988.

Ma married his wife, Cathy Zhang, in 1999. The couple has two daughters.

In 2014, Ma stepped down as Alibaba’s CEO, though he remains active as the company’s executive chairman.

Jack Ma’s Net Worth

Jack Ma is the co-founder of Alibaba and China’s richest man with a net worth of $37.7 billion. He is also the executive chairman of Alibaba Group, a Chinese multinational conglomerate.

Ma was born in Hangzhou, China in 1964. He started his career as an English teacher before eventually finding success as an entrepreneur.

In 1999, he founded Alibaba, an online marketplace that helped small businesses sell products to customers all over the world. The company has since grown into a behemoth, with a market value of over $400 billion.

Ma is known for his flamboyant personality and his philanthropic efforts. In 2014, he pledged to donate half of his fortune to charity.

Jack Ma and Alibaba

He has also been an outspoken critic of China’s government, calling for more transparency and democracy.

Ma’s net worth continues to grow as Alibaba expands its reach globally. With a strong foothold in China and plans to enter new markets, there’s no telling how high Ma’s net worth will climb in the years to come.