Later taking an interest in the emergence of the internet business, he established his first business in 1994, only to end up forming a second company after learning more about the internet and the commercial business possibilities that could be potentially exploited from its emerging growth. He became an English lecturer and international trade lecturer at Hangzhou Dianzi University following graduation. īorn in Hangzhou, Zhejiang, Ma earned a Bachelor of Art's degree with a major in English upon graduating from Hangzhou Normal University in 1988. As of May 2023, with a net worth of $33.3 billion, Ma is the fifth-wealthiest person in China (after Zhong Shanshan, Zhang Yiming, Ma Huateng and Robin Zeng), as well as the 63rd wealthiest person in the world, ranked by Bloomberg Billionaires Index. In addition, Ma is also the co-founder of Yunfeng Capital, a Chinese private equity firm. He is the co-founder of Alibaba Group, a multinational technology conglomerate. Jack Ma Yun ( Chinese: 马云 pinyin: Mǎ Yún born 10 September 1964) is a Chinese billionaire business magnate, investor and philanthropist.
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