E-commerce & Technology
Jack Ma
Estimated Net Worth
$34 Billion
Quick Facts
- Full Name Ma Yun (Jack Ma)
- Born September 10, 1964
- Nationality Chinese
- Primary Sources Alibaba Group, Ant Group, Investments
Biography
Jack Ma is the co-founder and former executive chairman of Alibaba Group, China's e-commerce giant that revolutionized online shopping and digital payments in China. Despite regulatory challenges and his reduced public profile in recent years, he remains one of China's wealthiest entrepreneurs through his stakes in Alibaba and its affiliate company Ant Group, though his wealth has fluctuated due to government scrutiny.
Sources of Wealth
Alibaba Group Holdings
~$25 Billion
Stake in Alibaba, China's largest e-commerce company and one of the world's biggest online retailers, encompassing Taobao, Tmall, and Alibaba Cloud computing services.
Ant Group (Fintech)
~$7 Billion
Holdings in Ant Group, the fintech company behind Alipay digital payments platform, though its valuation was significantly impacted by regulatory intervention in China.
Other Investments & Philanthropy
~$2 Billion
Various investments in technology startups, educational initiatives through the Jack Ma Foundation, and other business ventures both in China and internationally.