Jack Ma: Net worth, life, quotes and advice

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Robert Maurer
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Let's discover together the net worth, life, career, quotes and advice of Jack Ma, the Chinese businessman who founded Alibaba Group

Jack Ma Equity and General:

Full name: Jack Ma Yun
Net Assets: $ 39.8 billion
Age:56
Date of Birth:10 1964 september
Country of origin: China
Richness' fountain:alibaba group founder
Last update:2020

Jack Ma is a Chinese businessman and founder of the Alibaba Group, which owns several successful online businesses. Before founding Alibaba, Jack Ma had to deal with one rejection after another, so much so that he was used to being told he wasn't good enough.




Today, Jack Ma's net worth is estimated at $39,8 billion. For someone who everyone said was worthless, becoming one of the richest people in the world was a huge reward. 

Youth

Jack Ma was born on September 10, 1964 in Hangzhou, China. At a young age, Jack was very interested in learning English and did his best to improve his language skills.

Every day, Ma would take his bicycle and ride for more than an hour to Hangzhou International Hotel to chat with tourists. She also began offering free tours of the city in exchange for English lessons.



When it came time to enroll in college, Jack Ma struggled to pass the entrance exams. In China, entrance exams are held only once a year and it took you a total of 4 years to pass. In time, he managed to graduate from the Hangzhou Teachers' Institute and become an English teacher, a low-paying job in China.


The race

Jack Ma has applied for many jobs, in the most disparate fields, but has always been rejected. When KFC landed in China, 24 people applied for management positions and 23 were accepted. Jack Ma was the only person who asked not to be accepted for the job.

He applied 10 times to work at Harvard University and was rejected each time.

In 1995, Jack Ma found out about the Internet during his stay in the United States. So he started doing some research and noticed that China's web landscape was lacking in some areas compared to the rest of the world.

So Ma created her first website with her friends and convinced several people to invest in the company. The site was very successful, so Jack knew that he had found his niche.

Jack Ma founded Alibaba in 1999 and asked 17 of his close friends to invest in the company. Since then, it has become the largest online marketplace in China, making Jack Ma one of the richest people in the world. 

Highlights:

Here are some of the highlights of Jack Ma's career:



  • Offers city tours to tourists in exchange for English classes
  • 1988: Graduated from Hangzhou Teachers' Institute
  • He is turned down for many jobs, including a management position at KFC.
  • Hired as an English teacher at a local university for $12 a month
  • 1999: He gathers 17 friends in his apartment and asks them to invest in Alibaba.
  • 2005: Yahoo invests $XNUMX billion in Alibaba
  • 2013: resigns from the position of CEO

Jack Ma: the best phrases

"Today is hard, tomorrow will be worse, but the day after tomorrow the sun will shine."


Jack Ma

"If you've never tried it, how do you know it's impossible?"

Jack Ma

"Opportunities lie where people have something to complain about."

Jack Ma

"If we want to change the world, we must first change ourselves."

Jack Ma

“Once in a lifetime, try something new and work hard. Try to change. Nothing bad can happen to you."


Jack Ma

Jack Ma's successful lessons

Now that you know all about Jack Ma's net worth and how he achieved success, here are 3 lessons we can all learn from Jack Ma:

1. Cultivate on residues

Whoever was the only person rejected by KFC among 24 applicants would probably be put off. Discouraged even to try again, unmotivated to find success in life.

But Jack Ma reacted differently. Instead, he kept trying, over and over again. He knew that you have to fall many times before you reach your goal. 



2. Don't let other people get you down.

When they tell you that you are not good enough, it is a really horrible feeling, which often leaves its mark. But Jack Ma never cared. He continued to live his life, always looking for new opportunities. And finally found the Internet, and with it Alibaba.

If he hadn't been indifferent to rejection and the opinions of others, he probably never would have encountered the opportunity that brought him success. 

3. Practice your skills to the fullest

Jack Ma's dedication to learning English as a young man has become an irreplaceable skill in his life. His efforts to improve his knowledge have had a great impact on his ability to realize his vision for Alibaba.

Conclusions

Trash has been in Jack Ma's life since he was a teenager, and he's dealt with a lot of it. But after going from not hiring at KFC to starting one of the richest companies in the world, his story is an inspiration to all of us.

Today (2020), Jack Ma's net worth is estimated at $39,8 billion.

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