Ma is a true rags-to-riches story . One off the biggest IPO in history, Alibaba founder and chairman Jack Ma is now the richest man in china, worth an estimated $29.7 billion, which includes his 7.8% stake in Alibaba and a nearly 50% stake in payment processing service Alipay. Jack Ma (a.k.a. Ma Yun) was born on October 15, 1964, in Hangzhou, located in the southeastern part of China. He grew up poor in communist China and knew that without money or connections, the only way he could get ahead was through education. He failed his college entrance exam twice, and was rejected from dozens of jobs, including one at KFC, before finding success with his third internet company, Alibaba.
Here are some of his favourite quotes:
This article was originally published on BWDisrupt.com