Jack Ma says goodbye to Alibaba on his 55th birthday ...News

Russia Today - Economy
Jack Ma says goodbye to Alibaba on his 55th birthday
source : Russia Today ( News ) () 29
Jack Ma, the self-made Chinese business magnate with a net worth of nearly $42 billion and founder of the online shopping giant Alibaba, has officially retired from the company he started. The billionaire, who announced his retirement as chairman of the company last September, fulfilled his pledge to step down on his 55th birthday on Tuesday. Ma’s departure also coincides with Alibaba’s 20th anniversary. The entrepreneur, whose Chinese name is Ma Yun, is one of China’s most famous public figures. He hands over the reins to Alibaba’s chief executive Daniel Zhang. Also on rt.com

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