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 conglomera
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