Jack Ma Biography briefly


St. Petersburg 2nd Krasnoarmeyskaya St. Chinese entrepreneur Jack Ma Childhood Ma Yun was born on September 10 in a suburb of the capital of the Southeast Province of Zhejiang, the city of Hangzhou. Yun became the second child in a family of musicians who earned a living, giving lessons in the game on folk Chinese instruments. Jack Ma in childhood, contrary to the information that was widespread on the Web, the family of the future billionaire was not poor, simply not poor.

The modest lifestyle was rather a distinctive feature of the Chinese intelligentsia of years than forced position. In school years, Yun was already different from his peers, and although his studies were not easy for him, he showed a purposeful character, which impressed both teachers and parents. The skinny low boy was not afraid to repulse the offenders, strongly exceeding his size.

He had a strange hobby - to collect crickets and force them to fight. Jack Ma and his parents early years Ma Yunya fell on the period when China was distanced from the Western world. But after President Richard Nixon visited the Ma’s hometown in the year, a stream of tourists poured in Hangzhou, and Yun simply could not help but use it. To improve knowledge of English, he went to the hotel every day and talked with tourists, offering the services of the guide and the guide for local attractions.

Once, one of the tourists forgot the Chinese name of the young guide and called him Jack. Time will pass, and the name of Jack Ma will be known all over the world. The father called the first steps in business a dreamer and laughed kindly at the thirst for his son to know the capitalist world, about which the young man had an idea compiled from the stories of foreign tourists.

Jack Ma in his youth at the age of 15 Jack met an Australian family. This was the beginning of their friendship. A trip to the other end of the world changed the thinking of a Chinese guy, and his dreams acquired a global scale. Having nevertheless graduated from the Pedagogical University Hangzhou in the year, Jack tried to get a profitable job, but was refused even the KFC manager vacancy.

He managed to get an English teacher at his native university for $ 12 a month. In the beginning of the x, he created the translation agency, but they had enough arrived only to pay for the rented premises. The growth of Jack Ma - see a year the businessman himself calls a turning point in his biography. That year he was invited as a translator to accompany the Chinese delegation on a trip to America.

In the States, Jack found out about the Internet, and although he had absolutely no idea about computers, the idea of ​​a global web captivated him. While in the States, he posted on the network an advertisement for his agency and in less than 2 hours received several proposals from Europe, America and Japan. The success story of Jack Ma, upon returning to his homeland, Jack shared his idea to create a project “Chinese yellow pages” with his wife and friend and with their help was able to find starting capital.

The young enthusiast spent only dollars on the opening of the business, but after three years the profit exceeded thousands. At the end of X, Jack already led the electronic trade center at the Ministry of Foreign Trade. The richest Chinese in the year Jack and his 17 friends planned to create a site that allowed manufacturers of goods to engage in direct sales with wholesale and retail customers.

The decision to leave the service in the government structure and again open the business of Jack was called reckless. The salary was high, but the dream of creating your own business empire was beckoning it. Jack Ma created his Alibaba corporation as Jack himself says, he came up with the name of his work much earlier than his dreams acquired real outlines. Alibaba Group was supposed to become a platform for conducting trading activities, and the daring project received the name in honor of a fairy -tale cave with treasures, which was received by only one who was lucky to find out the password.

A year later, 25 million dollars of investment were invested in the project, but Jack did not suit the amount of profit. Some sources say that the initial profit of one of the most daring and successful business projects was only $ 1, which simply could not be true, because if it were so, then investors were unlikely to invest. Ebay owners offered Jack fantastic amounts to redeem Taobao from him, who literally brought up the shares of their product, but he refused, and the creator of Yahoo Jerry Young invested 1 billion dollars in his enterprise.

At the end of the year, Ebay was forced to leave the PRC market, and according to the information published in the annual Forbes report, the condition of the former English teacher was $ 30 billion. A few years later, Jack left the post of head of his company, while leaving the post of chairman of the board of directors.Jack Ma regularly appears on the Forbes cover in the year MA decided to post the Alibaba Group shares on the New York Stock Exchange, which did not find understanding with other members of the board, but the profit that exceeded 25 billion instead of the planned one billion, marked the unconditional victory of Jack Ma and his impudent ideas.

The personal life of Jack Ma chosen one of the future billionaire was his classmate Zhang Ying, at which he married shortly before the end of the university. In Jack became a faithful friend and supported him even when no one else believed in his success. Jack Ma and his wife Zhang in his youth know that Jack and in two children, the family leads a closed lifestyle and does not boast of his wealth.

Jack Ma is now Jack 10 times refused to enter Harvard, but now the entrepreneur is often invited to give lectures at the famous university, and each of his arrival becomes an event for students. The Jack Ma Corporation includes Taobao, Alipay and, of course, AliExpress includes more than ten business structures, including those famous-to all Taobao, Alipay and, of course, AliExpress, who has a representative office in Moscow for a year.

Among Jack's projects, the Chinese social network Weibo is not the last place, which is visited by more than millions of unique users every month.

Jack Ma Biography briefly