The real name of the Chinese entrepreneur is Ma Yun. When he was just a boy, Ma firmly decided to learn English and for this purpose often communicated with English-speaking tourists, conducting free excursions. One day one of them suggested the future billionaire finding pen-pals in Europe, but with the condition that Ma will change his name to the European one. Ma Yun chose the name "Jack."
Jack was not a diligent student. Only after the third attempt, he entered the most ordinary two-year school in China. Ma chose the profession of an English teacher and after graduation was giving lessons in China.
When in September 2014, Ma placed shares of Alibaba on the New York Stock Exchange, the volume of funds raised was one of the largest in the entire world history of the markets.
Jack Ma is the first Chinese businessman to get on the cover of Forbes.
Today, the number of people who make transactions through the web portals of Alibaba is 300 million. "Our goal is to provide services for two billion consumers around the world," said Jack Ma.
Hollywood movies are one of the main sources of inspiration in the Ma's life. In an interview, he said: "I love Forrest Gump. A film about a simple ordinary guy who never gives up!"
For nearly a century, the US-based weekly periodical Time has closed out the year by selecting the person who has had the most significant impact on the global stage—not necessarily a positive one. This year, the magazine's cover features Donald Trump, who recently won the US presidential election. Let's find out who else was honored by Time and in which nimonations.
Following his election victory, Donald Trump, a billionaire himself, once again decided to include prominent magnates in his administration, as he did during his first presidential term. As a result, Trump's current cabinet features seven billionaires, making it one of the wealthiest in US history. Let's find out who these billionaires are and the roles they have been assigned.
Not long ago, the United States held a presidential election, where Donald Trump emerged victorious. Today, he is recognized as the wealthiest American leader in the country's history. Let's take a closer look at other former US presidents who also achieved significant financial success.
