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Jack Ma
Co-founder of Alibaba, used as an example of how the CCP can suppress powerful entrepreneurs who challenge the party, highlighting the risks for business in China.
entitydetail.created_at
8/10/2025, 1:33:38 AM
entitydetail.last_updated
8/10/2025, 1:35:10 AM
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8/10/2025, 1:35:10 AM
Summary
Jack Ma, born September 10, 1964, is a prominent Chinese businessman, investor, and philanthropist, best known as the co-founder of Alibaba Group and Yunfeng Capital. After graduating from Hangzhou Normal University with a degree in English, Ma worked as an English and international trade lecturer. His entrepreneurial journey began in 1994 with his first company, Hangzhou Hope Translation Agency, followed by an early internet startup, Hangzhou Hope Computer Services Co., Ltd., in 1995. In 1999, he co-founded Alibaba Group, which evolved into a multinational technology conglomerate with diverse interests including e-commerce, technology, and online payments. Ma has been recognized as a leading figure and global ambassador for Chinese business, and was ranked second on Fortune's "World's 50 Greatest Leaders" list in 2017. He announced his retirement from Alibaba in 2018 to focus on education, philanthropy, and environmental causes. Ma's influence saw a decline after Chinese regulators halted the IPO of his digital payments company, Ant Group, in 2020, following his public criticism of the country's financial regulators. In 2019, Forbes acknowledged his philanthropic work supporting underprivileged communities globally. As of May 2025, his net worth was estimated at $27.2 billion.
Referenced in 1 Document
Research Data
Extracted Attributes
Born
1964-09-10
Spouse
Zhang Ying
Children
3
Education
Hangzhou Normal University (BA in English), Cheung Kong Graduate School of Business
Full Name
Ma Yun
Occupation
Businessman, Investor, Philanthropist, Entrepreneur, Lecturer
Nationality
Chinese
Recognition
Ranked second on Fortune's 'World's 50 Greatest Leaders' list (2017), Financial Times Person of the Year
Place of Birth
Hangzhou, Zhejiang province, China
Political Party
Communist Party of China
Stake in Alibaba
4% (as of Feb 2022 filing)
Net Worth (as of May 2025)
US$27.2 billion
Timeline
- Born in Hangzhou, Zhejiang province, China. (Source: Summary, Wikipedia)
1964-09-10
- Earned a bachelor's degree in English from Hangzhou Normal University. (Source: Wikipedia)
1988-XX-XX
- Began working as an English and international trade lecturer at Hangzhou Dianzi University. (Source: Summary, Wikipedia)
1988-XX-XX
- Founded his first company, Hangzhou Hope Translation Agency. (Source: Summary, Wikipedia)
1994-XX-XX
- Created the website for Hangzhou Hope Translation Agency and resigned from the university. (Source: Wikipedia)
1995-XX-XX
- Established Hangzhou Hope Computer Services Co., Ltd., one of China's earliest internet startups. (Source: Summary, Wikipedia)
1995-XX-XX
- Hangzhou Hope Computer Services Co., Ltd. was acquired by China Telecommunications Corporation. (Source: Wikipedia)
1996-XX-XX
- Left China Telecommunications Corporation after an unsatisfactory collaboration. (Source: Wikipedia)
1997-XX-XX
- Headed an internet company in Beijing backed by China's Ministry of Foreign Trade and Economic Cooperation. (Source: Wikipedia, Britannica web search)
1998-XX-XX
- Co-founded Alibaba Group, initially as a business-to-business (B2B) e-commerce marketplace. (Source: Summary, Wikipedia)
1999-XX-XX
- Ranked second on Fortune's 'World's 50 Greatest Leaders' list. (Source: Summary, DBPedia)
2017-XX-XX
- Announced his retirement from Alibaba to focus on education, philanthropy, and environmental causes. (Source: Summary, DBPedia)
2018-09-XX
- Forbes acknowledged his philanthropic work, naming him in 'Asia's 2019 Heroes of Philanthropy'. (Source: Summary, DBPedia)
2019-XX-XX
- Chinese regulators halted the anticipated IPO of his digital payments company, Ant Group, following his criticism of China's financial regulators. (Source: Summary, Wikipedia)
2020-XX-XX
- Appeared in Beijing, hosted by President Xi Jinping, signaling a return to public view. (Source: NPR web search)
2025-03-01
- His net worth was estimated at US$27.2 billion. (Source: Summary, Wikipedia)
2025-05-XX
Wikipedia
View on WikipediaJack Ma
Ma Yun (Chinese: 马云; pinyin: Mǎ Yún; born 10 September 1964), more commonly referred as Jack Ma, is a Chinese businessman and philanthropist. He is the founder of the Jack Ma Foundation, and co-founder of Alibaba Group and Yunfeng Capital. As of May 2025, Ma's net worth was estimated at US$27.2 billion. After taking the gaokao three times, Ma earned a bachelor’s degree in English from Hangzhou Normal University in 1988 and was assigned as an English and international trade lecturer at Hangzhou Dianzi University. Interested in internet entrepreneurship since the 1980s, he founded his first business, Hangzhou Hope Translation Agency, in 1994. The following year, he created the agency’s website and then resigned from the university to establish Hangzhou Hope Computer Services Co., Ltd., one of China’s earliest internet startups, which operated an online yellow pages service for Chinese companies. In 1996, Ma’s company was acquired by China Telecommunications Corporation. Following an unsatisfactory collaboration, he left the company the next year and went on to develop websites for China’s Ministry of Foreign Trade and Economic Cooperation. In 1999, he co-founded Alibaba Group, initially as a business-to-business (B2B) e-commerce marketplace and later expanded into a multinational technology conglomerate. Ma has been regarded as a leading figure and global ambassador of Chinese business. His influence declined after Chinese regulators halted the anticipated initial public offering (IPO) of his digital payments company, Ant Group, in 2020, following his criticism of China’s financial regulators for prioritizing risk control over innovation.
Web Search Results
- Jack Ma | Biography, Alibaba, & Facts | Britannica Money
Jack Ma (born September 10, 1964, Hangzhou, Zhejiang province, China) is a Chinese entrepreneur who was head of the Alibaba Group, which comprised several of China’s most popular websites, including the business-to-business marketplace Alibaba.com and the shopping site Taobao.com. [...] Chinesepage. From 1998 to 1999 Ma was head of an Internet company in Beijing that was backed by the Ministry of Foreign Trade and Economic Cooperation. He felt, however, that if he remained with the government, he would miss out on the economic opportunities brought about by the Internet revolution. Ma persuaded his team at the ministry to go back to Hangzhou with him and found the Alibaba Group, which took the form of a website that facilitated deals between small businesses.
- Jack Ma - Simple English Wikipedia, the free encyclopedia
Ma Yun (Chinese: 马云, ( "Help:IPA/Mandarin");( born 10 September 1964), known professionally as Jack Ma, he is a Chinese business magnate"), investor, and philanthropist. He is the co-founder and an executive chairman of Alibaba Group. As of April 2021, with a net worth of $51.5 billion, Jack Ma is the third-richest person in all of China. [...] | Jack Ma | | --- | | 马云 | | Image 4_(cropped).jpg) Ma in 2018 | | Born | (1964-09-10) 10 September 1964 (age 60) Hangzhou, Zhejiang, China | | Education | Hangzhou Normal University") (BA) | | Occupations | Business magnate investor philanthropist | | Known for | Co-founder and former executive chairman of Alibaba Group | | Title | Co-founder of Yunfeng Capital") | | Political party | Communist Party of China( | | Spouse | Zhang Ying | | Children | 3 | | | | | | Chinese name | [...] 1. ↑"Alibaba's Jack Ma is a Communist Party member, China state paper reveals". CNBC. 27 November 2018. Retrieved 27 November 2018. 2. ↑"Bloomberg Billionaires Index: Jack Ma". Bloomberg. Retrieved July 3, 2021. 3. ↑Tausche, Kayla (10 September 2014). "Alibaba's Jack Ma gets special gift for 50th birthday". _CNBC.com_. Retrieved 5 January 2016. 4. ↑Gilchrist, Karen (2018-06-20). "Jack Ma was inspired to create Alibaba by Malaysia's Prime Minister Mahathir Mohamad". _CNBC_.
- Jack Ma - The Inspirational Story Of Alibaba Founder - Harsh Agrawal
Ma Yun a.k.a. Jack Ma is one of those self-made billionaires with humble beginnings. Jack Ma was born in Hangzhou, in the south-eastern part of China. He was born and raised along with an elder brother and a younger sister during the rise of communist China and its isolation from the Western regions. His parents were traditional Musicians-Storytellers and they didn’t make enough to be even considered as a middle class during those days. [...] Jack Ma is the founder of the E-commerce giant Alibaba and is a stakeholder at Alipay, its sister company which is an e-payment portal. He is now officially the richest man in China with an estimated net worth of $25 Billion, on the back of the recent world record $150 Billion IPO filing of his company. Given all of this, Jack Ma only holds a 7.8% stake in Alibaba and a 50% stake in Alipay. Alibaba and Jack Ma, although are not household names out of China, you must know that Alibaba is worth [...] So, today we’ll talk about a story. The story of the life of a man who has impacted the entire economy and internet industry of China almost single-handedly. His life is nothing less than the story of Robert, The Bruce, and the Spider, that we were taught as kindergartens. That’s the story of Jack Ma. Who is Jack Ma? --------------- Image 2: Jack Ma at World Economic Forum
- Jack Ma - Bloomberg Billionaires Index
Jack Ma was born in September 1964 to Chinese traditional musician-storytellers living in Hangzhou, an ancient capital that's also a global high-tech hub and bastion of entrepreneurship. [...] Ma is a co-founder of Alibaba Group, a Chinese e-commerce company. The Hangzhou-based business runs Taobao, an online shopping site, and Tmall, a facilitator of online stores. The group had revenue of 996 billion yuan ($138 billion) in the year to March 2025. Ma also has a stake in online payment service Ant Group. ### Net Worth Summary [...] Ma owns 4% of Alibaba, China's largest e-commerce company, according to the company's 13D filing in February 2022 - the latest available filing as of May 2025. He holds the shares directly and through holding companies, including APN, a Cayman Islands-based company in which he has a 70% interest, JSP Investment and JC Properties, according to an annual report. Shares held by Yun Capital and Ying Capital are excluded from the net worth calculation because these companies are wholly-owned by The
- Alibaba founder Jack Ma returns, 5 years after largely disappearing ...
Jack Ma was once hailed as the face of Chinese entrepreneurship for founding Alibaba, the ecommerce giant. But in 2020, he criticized the country's financial system and largely disappeared from public view. Now it seems Jack Ma is back, appearing in Beijing last week, along with other business leaders who were hosted by China's President Xi Jinping. [...] Jack Ma was once hailed as the face of Chinese entrepreneurship for founding Alibaba, the ecommerce giant. But in 2020, he criticized the country's financial system and largely disappeared from public view. Now it seems Jack Ma is back, appearing in Beijing last week, along with other business leaders who were hosted by China's President Xi Jinping. [...] Jack Ma was once hailed as the face of Chinese entrepreneurship for founding Alibaba, the ecommerce giant. But in 2020, he criticized the country's financial system and largely disappeared from public view. Now it seems Jack Ma is back, appearing in Beijing last week, along with other business leaders who were hosted by China's President Xi Jinping.
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DBPedia
View on DBPediaJack Ma Yun (Chinese: 马云; pinyin: Mǎ Yún; born 10 September 1964) is a Chinese business magnate, investor and philanthropist. He is the co-founder and former executive chairman of Alibaba Group, a multinational technology conglomerate. In addition, he co-founded Yunfeng Capital, a Chinese private equity firm. As of November 2022, with a net worth of $25.3 billion, Ma is the fourth-wealthiest person in China (after Zhong Shanshan, Ma Huateng and Zhang Yiming), as well as the 36th wealthiest person in the world, ranked by Bloomberg Billionaires Index. Born in Hangzhou, Zhejiang, Ma graduated from Hangzhou Normal University. He became an English lecturer and international trade lecturer at Hangzhou Dianzi University after graduation. Taking an interest in the internet, he founded his first company in 1994, later founding a second company after learning more about the internet. From 1998 to 1999, he headed an information company founded by the government, later leaving it to found the Alibaba Group with his colleagues in 1999. Initially founded as B2B marketplace site, the company later expanded to a wide range of areas, including e-commerce, technology, and online payment. In 2017, Ma was ranked second in the annual "World's 50 Greatest Leaders" list by Fortune. He has widely been considered as an informal global ambassador for Chinese business, and is an influential figure for the community of startup businesses. In September 2018, he announced that he would retire from Alibaba and pursue educational work, philanthropy, and environmental causes; the following year, Daniel Zhang succeeded him as executive chairman. In 2020, the Chinese government stopped plans for an IPO for a company he founded called Ant Group after he delivered a speech that criticized regulators. In 2019, Forbes named Ma in its list of "Asia's 2019 Heroes of Philanthropy" for his work supporting underprivileged communities in China, Africa, Australia, and the Middle East. In April 2021, Jack Ma ranked 26th in the "2021 Forbes Global Rich List" with a fortune of US$48.4 billion.
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