The co-founder and chairman of Alibaba, Jack Ma, has a net worth of $40 billion as led the Bloomberg Index.
The man who launched Alibaba in 1999 from his apartment to help his small business as his third venture.
Being rejected for about 10 times by Harvard and from 30 different jobs, he gave it all up when he discovered the internet.
Within a year since, he raised about $25 million from two different companies.
Taking up teaching English as his first job, Ma mentions that he’ll go back to teaching as it is something he thinks he can do better than being a CEO.
The bread and butter for Alibaba is the E-Commerce section and this accounts to a huge part of the company’s business.
The company aims to build the future infrastructure of commerce as envisioned by Ma where the company lasts for at the least 120 years.
Their culture, business models and systems are built to be everlasting and this can attain sustainability on a broader approach.
Jack Ma renders a speech to 17 other friends of his in his apartment where he introduces Alibaba and to ‘compete with the Silicon Valley’.
Having founded a magnanimous tech company, MA still has not figured out how to code.
A few years after Jack Ma started with Alibaba, he wanted to beat eBay in China and was called ‘Crazy Jack’ because of his animated approach of speaking and goal-setting.
He was never the typical tech CEO that one would imagine him to be in a strict workspace.
Ma remains an inspiration to be rest of us showing that academic achievements doesn’t necessarily serves as a requirement to make it as a successful and content person in life.