Jack Ma Net Worth 2024: Business, Assets, Income, Career

Jack Ma Net Worth is $46.8 Billion as on June 2024. Ma Yun was born on 10 September, 1964 in Hangzhou, China to Ma Laifa and Cui Wencai. Ma Yun is famous worldwide with the name of Jack Ma. Jack Ma is one of the most successful and rich businessman of the world. He is the richest man of China. He remained the richest person in Asia for quite some time.

Jack Ma is know as the chief executive of Alibaba. He was the founder of Alibaba Group, which is now one of the biggest B2B marketplace. Jack Ma also some political connections and he has also invested a lot of money in Chinese business all around the world. also check Satya Nadella Net Worth, Jeff Bezos Net Worth, Gautam Adani Net Worth and Laxmi Mittal Net Worth

Biography and Early Life

Jack Ma hasn’t had the most memorable childhood. At the time when he was born, China was going through a lot of tough times. His family was also very poor and living was quite difficult for his family. He lived with his parents and two siblings. Jack Ma was quite bright since his childhood.

He wanted to learn English and for that he has struggled a lot. Although, he was able to master English, but It has taken quite some time. To learn English, Jack Ma used to work for a hotel and he often spends time with tourists to learn better English.

Jack Ma Net Worth

Name Jack Ma
Net Worth (2024) $ 46.8 Billion
Net Worth In Indian Rupees Rs. 3.40 Lakh Crore
Profession Chinese business magnate
Monthly Income And Salary $0.3 Billion+
yearly Income $4 Billion+
Last Updated June 2024
Jack Ma Net Worth Summary

Jack Ma is one of the richest businessman of the world and he has a net worth of $46.8 billionwhich in Indian currency is approximately equal to 3.40 Lakh Crore Indian Rupee. He is the co founder of the Alibaba group and he also remained the executive chairman for a long time. With $500 billion of market value, his company is counted as one of the biggest.

Jack Ma Assets

  • Cars: Jack Ma is a very successful businessman and he has plenty of luxurious cars in his collection. He is the owner of Land Rover Range Rover Autobiography, which is Land Rover costliest car. He also has one Roewe RX5 SUV.
  • House: Jack Ma lives in China and he has plenty of properties there. He also has few in United States. He used to visit United States time and again.
Jack Ma Net Worth
Jack Ma Net Worth

Education

Jack Ma hasn’t had quite some good time in studies. He was weak in maths and he had failed few time in the entrance exam of Hangzhou Normal University. He completed his graduation in three years. His subject for graduation was English.

Personal Life

Jack Ma is a married man. He is married with Cathy Zhang (also known as Zhang Ying). They were friends in the College and after completing graduation, they married to each other in 1988. Jack Ma and Cathy Zhang is the proud parents of three children.

Cathy Zhang has also helped Jack Ma in his business. She was the general manager in the Alibaba group, till 2004. Jack Ma is living a very happy life with his wife and children’s.

Jack Ma got his name, Jack from one of the tourist with whom he has spent some time. He was finding the Chinese name of Ma difficult to pronounce, so he used to call him with Jack. Since then, Ma Yun became Jack Ma.

Real Name/Full Name Ma Yun
Nick Name/Celebrated Name: Jack Ma
Birth Place: Hangzhou, China
Date Of Birth/Birthday: 10 September, 1964
Age/How Old: 56 years old
Social Media Twitter
Height/How Tall: In Centimetres – 161 cm In Feet and Inches – 5’4”
Weight: In Kilograms – 56 kg
In Pounds – 123 lbs
Eye Color: Dark brown
Hair Color: Black
Parents Name: Father – Ma Laifa Mother – Cui Wencai
Siblings: Yes
School: N/A
College: Hangzhou Normal University
Religion: Buddhism and Taoism
Nationality: Chinese
Zodiac Sign: Virgo
Gender: Male
Sexual Orientation: Straight
Marital Status: Married
Girlfriend: N/A
Wife/Spouse Name: Cathy Zhang (m. 1988)
Kids/Children Name: Yes (3)
Profession: Businessman, Philanthropist, Kung Fu master and politician
Net Worth: $40 billion
Jack Ma Net Worth

Jack Ma Girlfriend & Relationship

Jack Ma is a married man. He is married with Cathy Zhang. They became friends when he was in Hangzhou Normal University. Jack Ma is also the father of three children.

Professional Career

Jack Ma is a very successful personality, but he has struggled a lot for that. He was rejected for around 30 jobs and he was very desperate. Jack Ma went to United States in search of job and there he gets to know about internet. Around 90s internet was not so popular in China. He started his online firm from China named China Yellow Pages. He became extremely successful in no time.

Jack Ma got his first computer when he was 33 while working for a company named China International Electronic Commerce Centre. Although he left the job in 1999 and started his company named Alibaba. It was a b2b marketplace. Alibaba became popular in no time and it became a global success.

Awards

Jack Ma has won plenty of awards for his phenomenal achievement as a business and also as an entrepreneur. Asian Awards, in 2015 named him as the entrepreneur of the year. He was also honoured with Businessperson of the year award in 2007. He has also remained the richest Asian for quite some time.

Conclusion

Jack Ma is a businessman, Philanthropist and he has also tried his luck in film industry. He has done plenty of charity and he has helped various organizations. Jack Ma is a phenomena and his achievements are quite exemplary. He has also supported China and he has done everything to make China great.

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