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Jack Ma is one of the best known businessmen, not only in China and Asia but throughout the world. He is the person who shows the world that not giving up paid off and that other people should not measure how well you are.
He founded the Alibaba Group, which is one of the largest internet companies in the world. His net worth is estimated at 44 billion USD in 2022.
Personal life
He was born on September 10, 1964. In Hangzhou, a city in China. It should be noted that Jack is a very diligent child from an early age. It is known that he wanted to learn English and perfect it since he was a child and he gave his best to do it. There is also an interesting story about his efforts to master English knowledge.
Namely, it is not difficult for him to drive his bicycle for 70 minutes to get to an international hotel located in Hangzhou to be able to talk and practice English with tourists. He wants to make his English better and he then comes to an idea to offer a tour around the city to tourists who want to teach him English instead of paying money for the services he provides.
As far as his education, he has many problems in registering at college since the entrance examination is held every year and Jack takes four full years to register at a tertiary institution. When he did it, he did not have a problem in solving it and he finished the Hangzhou Teacher Institute with the title in an English teacher.
Career
There is one interesting story about Jack, and that is the fact that KFC does not employ it. He also worked as an ELS teacher. However, this is a low -paid job. He then decided to gather 17 friends in his apartment. He then proposed them to invest in his company, which he called Alibaba.
The increase and success began when Yahoo recognized Alibaba’s potential in 2005 and this was the time when Yahoo decided to invest 1 billion USD in the Jack company. Jack decided that he was enough in 2013 and he resigned from the CEO position.
It should be noted that Jack always shows that people must learn and become from rejection in their lives and that they should not let others lose them. He also stressed the importance of seeking knowledge continuously.
Net worth
Jack’s net worth is currently estimated at 44 billion USD. Most of this money comes from a website revenue called Alibaba and the success of the company began in 2014 when its shares were available in Nyse.
It was when he acquired 25 billion USD and this was the time for Alibaba to become one of the most important companies that deal with the internet and modern technology.
