Billionaire of the day

Cortedivoire

Elder Lister
Staff member
Jack Ma Yun (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 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 addition, he co-founded Yunfeng Capital, a private equity firm.

Ma is the fourth-wealthiest person in China (after Zhong Shanshan, Ma Huateng and Zhang Yiming), and 32nd wealthiest person in the world, with a net worth of $42.9B
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