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Jack Ma: My life after Alibaba

Jack Ma: My life after Alibaba

As Jack Ma prepares for life after Alibaba, he reflects on the ways his special relationship with Australia has shaped his objectives for the future.

Jack Ma: “Sometimes it’s like wearing a coat of Jack Ma. I have a responsibility because I am the CEO, chairman and Jack Ma. But in my heart I know I have to be strong to take that coat off.” Dave Marco

Michael SmithHealth editor

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If England, to quote Adam Smith, is a nation of shopkeepers, then China is a nation of entrepreneurs. And China’s most successful entrepreneur, Jack Ma, is also its biggest celebrity. Photos of the founder of Alibaba, whose personal fortune is estimated by both Forbes and Hurun at $US40 billion ($57 billion), hang in people’s houses, often coupled with one of his motivational aphorisms: “Believe in your dream and believe in yourself,” says one. Says another: “Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine.”

But sunshine is not what Ma sees when he casts his eye to the horizon. “It is a world full of hope, it is a world full of worries. The world needs leadership,” he says, emphasising the point with a clenched fist.

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Michael Smith
Michael SmithHealth editorMichael Smith is the health editor for The Australian Financial Review. He is based in Sydney. Connect with Michael on Twitter. Email Michael at michael.smith@afr.com

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Original URL: https://www.afr.com/rich-list/jack-ma-my-life-after-alibaba-20190408-p51bwr