Jack Ma Biography: Age, Net Worth, Education, Parents, Wife, Wikipedia, Children, Alibaba

Ma Yun, commonly known as Jack Ma, is a renowned Chinese entrepreneur, investor, and philanthropist.

He is best recognized as the co-founder and former executive chairman of Alibaba Group, a global leader in e-commerce and technology. Ma is also the co-founder of Yunfeng Capital, a prominent private equity firm.

Profile

• Full Name: Ma Yun
• Stage Name: Jack Ma
• Born: 10, September 1964
• Age: 60 years old
• Birthplace: Hangzhou, China
• Nationality: Chinese
• Occupation: Businessman
• Height: 1.65m
• Parent: Cui Wencai and Ma Laifa
• Siblings: 2
• Spouse: Zhang Ying
• Children: 2
• Relationship: Married
• Net Worth: $25.6 billion

Early Life And Education

Ma Yun, widely known as Jack Ma, was born on September 10, 1964, in Hangzhou, China. Raised by his parents, Cui Wencai and Ma Laifa, he grew up in a modest household alongside an older brother and a younger sister during a time of China’s economic and cultural isolation under communist rule.

In 1988, he graduated from Hangzhou Normal University with a Bachelor of Arts degree in English. Of Han Chinese ethnicity, Ma is known to practice Buddhism, though he has not prominently highlighted his religious beliefs in public.

Career

Jack Ma’s professional journey began after earning his degree in English from Hangzhou Normal University in 1988. He initially worked as an English teacher and later as an international trade lecturer, where he honed his communication and entrepreneurial skills.

A pivotal moment came during a trip to the U.S. in the mid-1990s, where he was introduced to the internet. Inspired by its potential, Ma founded his first internet company in 1994, marking the beginning of his involvement in e-commerce.

In 1999, he co-founded Alibaba Group with a small team, creating a B2B platform to connect Chinese manufacturers with global buyers.
As the founder and executive chairman, Ma guided Alibaba’s transformation into a global technology conglomerate.

The company expanded beyond e-commerce into areas like retail, cloud computing, logistics, and digital payments, launching influential platforms such as Taobao and Alipay. Alibaba’s IPO in 2014 set a record by raising $25 billion, cementing its status as a leader in the tech industry.

Ma’s commitment to empowering small and medium-sized enterprises and fostering innovation played a key role in reshaping the global e-commerce landscape and driving economic growth in China.

After stepping down as executive chairman in 2019, Jack Ma shifted his focus to investments, philanthropy, and education, particularly through the Jack Ma Foundation. Despite challenges, including increased regulatory scrutiny from Chinese authorities, Ma’s legacy as a visionary leader and trailblazer in the digital economy remains influential.

His journey from a humble background to building one of the world’s largest e-commerce platforms exemplifies resilience, innovation, and the power of entrepreneurial thinking.

Social Media

• Instagram handle: @jackma_alibaba
• Twitter handle: @JackMa

Personal Life

Jack Ma is married to Zhang Ying, his college sweetheart, whom he met while studying at Hangzhou Normal University. The couple tied the knot shortly after their graduation in the late 1980s.

Zhang Ying has often been described as a strong and supportive presence in Jack’s life, sharing his journey from modest beginnings to his rise as a global business leader.

The couple has two children, and Zhang Ying has played an integral role in supporting their family. Zhang Ying has worked alongside Jack at Alibaba during its early days, contributing to the company’s foundation and growth.

Net Worth

Jack Ma’s net worth is estimated at $25.6 billion, reflecting a substantial decrease from its peak of $61.2 billion in 2020.

This decline is largely attributed to intensified regulatory oversight and challenges faced by Alibaba Group and its financial arm, Ant Group, which have impacted the valuation and operations of both entities.