Jack Ma

Quick Facts

Full NameJack Ma Yun
Date of BirthSeptember 10, 1964
Place of BirthHangzhou, Zhejiang, China
EducationBachelor of Arts degree in English from Hangzhou Normal University
OccupationsBusiness magnate, investor, philanthropist, teacher
Known ForCo-founder of Alibaba Group
Other VenturesCo-founder of Yunfeng Capital
Political PartyChinese Communist Party
SpouseZhang Ying
Notable Achievements– Co-founded Alibaba Group, a multinational technology conglomerate – Co-founded Yunfeng Capital, a Chinese private equity firm – Ranked 50th wealthiest person in the world as of February 2024 with a net worth of $30.1 billion
Retirement AnnouncementAnnounced retirement from Alibaba in September 2018 to focus on education, philanthropy, and environmental causes
Successor at AlibabaDaniel Zhang succeeded him as executive chairman of Alibaba Group
Philanthropic WorkSupported underprivileged communities in China, Africa, Australia, and the Middle East; led Alibaba Group to top the 2021 China Charity List with a total cash donation of 3.22 billion yuan
Jack Ma

Jack Ma’s Net Worth

Jack Ma’s net worth is approximately 25.8 billion USD.

Jack Ma Awards

2004Top 10 Economic Personalities of the Year by China Central Television (CCTV)
2005Selected as a “Young Global Leader” by the World Economic Forum
2005Recognized as one of the “25 Most Powerful Businesspeople in Asia” by Fortune
2007Named “Businessperson of the Year” by Businessweek
2008Featured as one of the “World’s Best CEOs” by Barron’s
2009Listed as one of the world’s 100 most powerful people by Time magazine
2009Selected as one of China’s Most Powerful People by BusinessWeek
2009Recognized as one of the Top 10 Most Respected Entrepreneurs in China by Forbes China
2009Received CCTV Economic Person of the Year: Business Leaders of the Decade Award
2010Named one of Asia’s Heroes of Philanthropy by Forbes Asia for his contribution to disaster relief and poverty
2013Awarded an honorary doctoral degree by Hong Kong University of Science and Technology
2014Ranked as the 30th-most-powerful person in the world by Forbes
2015Honored with the Entrepreneur of the Year award by Asian Award
2015Awarded an honorary doctorate in education from National Taiwan Normal University
2016Conferred with the Chevalier of the French Legion of Honour by the French Minister of Foreign Affairs and International Development
2017Ranked second on Fortune’s World’s 50 Greatest Leaders list
2017Ranked third in global tech innovation visionary survey by KPMG
2017Awarded an honorary degree of Doctor of Science in Technopreneurship from De La Salle University Manila, Philippines
2018Awarded an honorary degree of Doctor of Social Sciences by the University of Hong Kong
2018Received an honorary doctorate from Tel Aviv University
2019Appointed as a new advocate for sustainable development goals by the Secretary-General of the United Nations
2020Received a first-class medal from King Abdullah II for his contribution to fighting back against the COVID-19 pandemic
2020To receive a Hilal e Quaid e Azam medal from the President of Pakistan for his contribution in fighting back against the COVID-19 pandemic
2023Won the 2023 Confucius Education Award at the World Chinese Culture Festival (Tokyo)

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