IP Objective: Jack Ma Yun Minimum Fund Raising Target: 500 000 Maximum Fund Raising Target: 1 000 000 Stake Pool Start Date: 2021.11.24 23:00 Stake Pool End Time: 2021.12.31 24:00
Jack Ma Yun[a] ( born 10 September 1964) is a Chinese business magnate, investor and philanthropist. He is the co-founder and former executive chairman of Alibaba Group, a multinational technology conglomerate. In addition, he co-founded Yunfeng Capital, a private equity firm. Ma is a strong proponent of an open and market-driven economy.
In August 2014, according to the Bloomberg Billionaires Index, Jack Ma had a net worth of US$21.8 billion, making him the richest man in China. In 2017, Ma was ranked second in the annual "World's 50 Greatest Leaders" list by Fortune. He has widely been considered as an informal global ambassador for Chinese business and is an influential figure for the community of startup businesses. In September 2018, he announced that he would retire from Alibaba and pursue educational work, philanthropy, and environmental causes the following year, Daniel Zhang succeeded him as executive chairman.