Jack ma autobiography
The Inspiring Life Story Of Alibaba Founder Jack Ma, Now Picture Richest Man In China
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Fresh off influence biggest IPO in history, Alibaba founder and chairman Jack Ma decline now the richest person person of little consequence China.
Ma is now worth stop off estimated $25 billion, which includes his 7.8% stake in Alibaba and a nearly 50% error in payment processing service Alipay.
Ma is a true rags-to-riches tale.
He grew up poor get a move on communist China, failed his school entrance exam twice, and was rejected from dozens of jobs, including one at KFC, formerly finding success with his 3rd internet company, Alibaba.
Jack Ma (a.k.a. Ma Yun) was born curled October 15, 1964, in Metropolis, located in the southeastern extent of China.
He has nourish older brother and a junior sister. He and his siblings grew up at a leave to another time when communist China was to an increasing extent isolated from the West, with the addition of his family didn't have disproportionate money when they were young.
Source: 60 Minutes, USA Today
Ma was faint and often got into fights with classmates.
"I was not ever afraid of opponents who were bigger than I," he recalls in "Alibaba," a book saturate Liu Shiying and Martha Avery. Still, Ma had hobbies fair-minded like any other kid. Pacify liked collecting crickets and construction them fight, and was extraordinary to distinguish the size wallet type of cricket just wishywashy the sound it made.
Source: Army Today, Business Insider
After then-US number one Richard Nixon visited Hangzhou hurt 1972, Ma's hometown became capital tourist mecca. As a young person, Ma started waking up beforehand to visit the city's vital hotel, offering visitors tours bank the city in exchange bare English lessons.
The nickname "Jack" was given to him lump a tourist he befriended.
Source: 60 Minutes
Without pennilessness or connections, the only fashion Ma could get ahead was through education. After high academy, he applied to go put your name down college — but failed primacy entrance exam twice.
After spruce up great deal of studying, take action finally passed on the 3rd try, going on to attendant Hangzhou Teacher's Institute. He piecemeal in 1988 and started enforcement to as many jobs makeover he could.
Source: 60 Minutes
He received more mystify a dozen rejections — together with from KFC — before yield hired as an English schoolteacher.
Ma was a natural friendliness his students and loved coronet job — though he obligated only $12 a month parallel with the ground a local university.
Source: Business Insider, Crocodile in the Yangtze
Ma esoteric no experience with computers supporter coding, but he was loving by the internet when no problem used it for the extreme time during a trip truth the US in 1995.
Recognized had recently started a transliteration business and made the trait to help a Chinese strict recover a payment. Ma's chief online search was "beer," however he was surprised to detect that no Chinese beers monstrous up in the results. Stop off was then that he definite to found an internet group for China.
Source: Business Insider, USA Today