Sunday, 4 January 2015

Alibaba’s Jack Ma named Businessman of the year by Forbes


Jack Ma,51, has been named Forbes China’s businessman of the year. The former English teacher captured the world stage like no other Chinese businessman before him in September, 2014 with the record-breaking
$25 billion initial public offering of e-commerce powerhouse Alibaba Group on the New York Stock Exchange. The listing turned him into China's richest man estimated by Forbes to be worth $23 billion and the third in Asia behind Hong Kong’s Li Ka-Shing with an estimated $31 billion and Lee Shau Kee at $25 billion.
Picture Credit: Forbes

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