Jack Ma steps down as Alibaba’s Chairman, according to reports by NDTV, leaving $ 42 billion fortune.
Business magnate, politician, philanthropist and investor, Jack Ma built the E-Commerce site Alibaba from scratch, out of his small apartment.
The 55-year-old former English teacher went on to become China’s E-Commerce Moghul, making his company China’s largest company, amassing a $41.8 billion fortune.
Alibaba had been instrumental in making China the second-largest economy of the world!
Jack was also declared the richest man of Asia back in 2016, though Reliance Industries Ltd. owner, Mukesh Ambani took over now, having a fortune of $47.4 billion.
We wish all the very best to Jack Ma and just want to say that your impelling journey will keep inspiring the coming generations!
“Opportunities lie in a place where complaints are!” – Jack Ma