In 2004, Ma was honored as one of the "Top 10 Economic
Personalities of the Year" by China Central Television (CCTV).
In September 2005, the World Economic Forum selected Ma as
a "Young Global Leader".
Fortune also selected him as one of the "25 Most Powerful
Business people in Asia" in 2005.
Businessweek also selected him as a "Business person of the
Year" in 2007.
In 2008, Barron's featured him as one of the 30 "World's Best
CEOs".
In May 2009, Time magazine listed Ma as one of the world's
100 most powerful people.
Forbes China selected him as one of the Top 10 Most
Respected Entrepreneurs in China by in 2009. Ma received the
2009 CCTV Economic Person of the Year: Business Leaders of
the Decade Award.
In 2010, Ma was selected by Forbes Asia as one of Asia's
Heroes of Philanthropy for his contribution to disaster relief
and poverty.
Ma was awarded an honorary doctoral degree by the Hong
Kong University of Science and Technology in November 2013.
In 2013, he became chairman of the board for The Nature
Conservancy's China Program; this was one day after he
stepped down from Alibaba as company CEO.
Jack Ma Yun[a] (Chinese: 马云; pinyin: mǎ yún; 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 addition, he co-founded Yunfeng Capital, a
private equity firm. Ma is a strong proponent of an open and
market-driven economy.
As of April 2021, with a net worth of $51.5 billion, Ma is the
third-wealthiest person in China (after Zhong Shanshan and Ma
Huateng), as well as one of the wealthiest people in the world,
ranked 26th by Bloomberg Billionaires Index. In 2019, Forbes
named Ma in its list of "Asia's 2019 Heroes of Philanthropy" for
his work supporting underprivileged communities in China,
Africa, Australia, and the Middle East.
In 2008, Alibaba donated $808,000 to victims of the Sichuan
earthquake. In 2009 Jack Ma became a trustee of The Nature
Conservancy's China program, and in 2010 he joined the global
Board of Directors of the organization.
In September 2018 Ma started the Jack Ma Foundation and
announced that he would retire from Alibaba to pursue
educational work, philanthropy, and environmental causes.
In 2020, in response to the COVID-19 pandemic, the Alibaba
Foundation and Jack Ma Foundation launched various
In 2014, he was ranked as the 30th-most-powerful person in
the world in an annual ranking published by Forbes.
In 2015, Asian Award honored him with the Entrepreneur of
the Year award.
In 2017, Fortune ranked Ma second on its World's 50 Greatest
Leaders list.
In 2017, a KPMG survey ranked Ma third in global tech
innovation visionary survey.
In October 2017, Ma was given an honorary degree of Doctor
of Science in Technopreneurship from De La Salle University
Manila, Philippines.
In May 2018, Ma was given an honorary degree of Doctor of
Social Sciences by the University of Hong Kong in recognition of
his contributions to technology, society, and the world.
In May 2018, Ma received an honorary doctorate from
professors Yaakov Frenkel and Yaron Oz at the Tel Aviv
University.
In May 2019, Ma and other 16 influential global figures were
appointed by Secretary-General of the United Nations as the
new advocates for sustainable development goals.
In July 2020, Ma received from King Abdullah II a first class
medal for his contribution in fighting back against the COVID-19
pandemic.
In August 2020, Ma was to receive from the President of
Pakistan a Hilal e Quaid e Azam medal for his contribution in
fighting back against the COVID-19 pandemic.
In 2017, Ma was ranked second in the annual "World's 50
Greatest Leaders" list by Fortune. He has widely been
considered as an informal global ambassador for Chinese
business, and is an influential figure for the community of
startup businesses. 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.
Jack Ma is the founder of the Jack Ma Foundation, a
philanthropic organization focused on improving education, the
environment and public health.
Donations by the Jack Ma Foundation and Alibaba Foundation
arrive in Asia.
In 2015, Alibaba launched a nonprofit organization, Alibaba
Hong Kong Young Entrepreneurs Foundation, which supports
Hong Kong entrepreneurs to help them grow their businesses.
In the same year, the company funded the rebuilding of 1,000
houses damaged by the earthquake-hit in Nepal, and raised
money for another 9,000. In 2015 he also founded the Hupan
School, a business school.
In 2019, Forbes named Ma in its list of "Asia's 2019 Heroes of
Philanthropy" and awarded him the Malcolm S. Forbes Lifetime
Achievement Award for his work supporting underprivileged
communities in China, Africa, Australia, and the Middle East.

initiatives, some of which involved donating medical supplies to
the United States as well as various countries in Asia, Africa,
and Europe.
Jack Ma is the co-founder of tech conglomerate Alibaba Group
and is a global ambassador for Chinese business. Having built
his company from the ground up, he invested in a number of
tech and e-commerce firms, with stakes in Lazada, YCloset,
Tokopedia, Shiji, Intime Retail Group and Ordre. Since
launching Luxury Pavilion in 2017, 60 luxury brands including
Burberry, Versace, Marni, Tod’s and Givenchy have joined the
e-commerce site, which is accessible through Alibaba’s Tmall
and Taobao platforms.
However, in 1999 he quit and started Alibaba.com, a business-
to-business marketplace for small and medium-sized Chinese
enterprises, backed by $60,000 from 18 friends. By 2002, it had
reached 1 million users and acquired investment from Goldman
Sachs and SoftBank. Ma also built Taobao, a retail site, as well
as payment platform Alipay. In 2013, Ma stepped down as chief
executive, although he remains chairman. The company went
public in 2014 on the New York Stock Exchange in the largest
IPO in history, raising $25 billion.
In 2017, Fortune ranked Ma second on its World's 50 Greatest
Leaders list. In 2014, he was ranked as the 30th most powerful
person in the world in an annual ranking published by Forbes
and in May 2009, Time magazine listed Ma as one of the
world’s 100 most powerful people. As of 2018, Ma is worth
$40.9 billion.
Jack Ma is the founder of the E-commerce giant Alibaba and is
a stakeholder at Alipay, its sister company which is an e-
payment portal. He is now officially the richest man in China
with an estimated net worth of $25 Billion, on the back of the
recent world record $150 Billion IPO filing of his company.
Given all of this, Jack Ma only holds a 7.8% stake in Alibaba and
a 50% stake in Alipay.
Having started his first successful company at the age of 31 and
even after never having written a single line of code or selling
something to anyone, Jack Ma runs one of the biggest E-
commerce networks in the world. The company went on to
grow rapidly, expanding across the world, quickly growing out
of its China shell. Only second to Walmart now in terms of sales
per year, Alibaba has become the E-commerce giant that Jack
Ma has envisioned for it.
Alibaba, the Chinese e-marketplace, is the fastest growing e-
commerce company in the quickest growing market in the
world.
Alibaba does 80% of the online business in the largest e-
commerce market in the world.
JACK MA
Born Ma Yun to Chinese traditional musician-storytellers in
Hangzhou, he taught himself English aged 12 and offered free
guided tours to practice his English with foreign visitors. Ma
graduated from Hangzhou Teachers College and became an
English teacher, paid $15 a month. He encountered computers
during a trip to Seattle as an interpreter for Chinese and
American businessmen. With some friends he created “China
Pages,” which established websites for small businesses, and
then headed an information technology company established
by a department of the Chinese government.
In the fashion and e-commerce sphere, Jack Ma’s “New Retail”
is the company’s guiding investment principle — a strategy to
redefine commerce by enabling seamless engagement
between the online and offline world, by building omnichannel
retail ecosystems. The company has stakes in department store
chain Intime, retail big-data firm Shiji, Indonesian marketplace
Tokopedia, retail platform YCloset and Southeast Asian e-
commerce site Lazada.
The Chinese business magnate built his tech empire around e-
commerce platforms and is spearheading the ‘new retail’
movement across Asia.
JACK MA
After persuading 17 of his other friends to invest and join him
in his new e-commerce startup – Alibaba, the company began
from his apartment. Initially, Alibaba didn’t had a single penny
in investment from outside investors, but they later raised $20
Million from SoftBank and another $5 Million from Goldman
Sachs in 1999. Building trust among the people of China that an
online system of payment and package transfers is safe was the
biggest challenge Jack Ma and Alibaba faced, a challenge that
Jack will cherish for his lifetime.
"The most fun part of business, at least to me, is to contribute
to the future,” Ma has said. “It's not just about making money
— it’s about making healthy money, enabling people to enjoy
their lives. I think the important thing is to wake people up and
let them know that our environmental issues need to be
addressed."
The billionaire entrepreneur is the driving force behind a
widespread operation to ship medical supplies to more than
150 countries so far, sending face masks and ventilators to
many places that have been elbowed out of the global brawl
over life-saving equipment.
Out of every dollar of revenue, Alibaba makes 43 cents profit. Alibaba is planning to invest more than $20 billion in logistics
over the next eight years.
Alibaba marketplaces have more than 10 million sellers and
more than a billion product listings. Most importantly, Alibaba will either be your competition or
your biggest ally. You have no choice but to respond.
Jack Ma, founder of Alibaba, and Alibaba itself have invested
over $1 Billion in businesses in the United States.

Young Global Leader Jack Ma receives Forbes Lifetime Achievement Award

Superstars party with Jack Ma before Shopping Festival Gala Alibaba joins Olympic in ‘game changer’

China’s Jack Ma earns Jordan’s highest honour. Top 10 Economic Personalities of the Year
China honors Jack Ma in awards ceremony.

Hilal e Quaid e Azam medal

Medal from King Abdullah II

Honorary doctorate from professors Frenkel and Oz Honorary degree of Doctor of Science in Technopreneurship
Donations by the Jack Ma and Alibaba Foundation

Co-Founder and Executive Chairman, Alibaba Group

JACK MA’S

ACHIEVEMENTS AND CONTRIBUTIONS

TO THE COMMUNITY AND ECONOMY