Jack Ma
Source of wealth: E-commerce
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Biography
A former English teacher, Jack Ma cofounded Alibaba Group Holding, now one of the world's largest e-commerce businesses, in 1999.
The former high-flying billionaire stepped down as Alibaba's executive chairman in 2019.
After approximately a year overseas, Ma returned to China in 2023 just as Alibaba unveiled a plan to split itself into six businesses.
But that overhaul has been on hold after the company walked back from the IPO plans of its Cainiao logistics unit and cloud computing arm.
Ma remains a mentor, and often encourages employees to innovate and change at a time of heightened market competition.
Perspective on their fortune
Gold
Everyday luxury
A Jack Ma's fortune is equivalent to 194 of gold, but this may be difficult to value, as we don't usually have a handful of gold bars in our piggy bank.
A standard gold ring typically weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18k gold.
Based on today's gold price (not taking into account the jeweler's fee, shipping, or anything else), that gold ring would be worth $556.3
Jack Ma could buy 51,639,485 gold rings. That's a lot of fingers and a lot of gifts!!
And if the number of rings is difficult to visualize, all these rings would need 9 trucks to transport them, But we can be almost certain that Jack Ma will have enough left over to pay for the gas for those trucks.
Health
The price of life
Let's compare Jack Ma's fortune with the healthcare spending of a huge country
Jack Ma could fund the entire healthcare system of DR Congo with a population of over 105,800,000 of inhabitants for approximately 12.9 years.
But even if we compare their fortune to that of a rich country
At the other extreme, Jack Ma could cover the health expenditure of Luxembourg, considered the world's most heavily invested health system, for 5.7 years
Education
Buying the future
Lowest education spending
Jack Ma could assume the entire cost of the education system of Nigeria, the most populous country in Africa, with more than 243,000,000 inhabitants for 8.4 years.
Highest education spending
But not only could he assume the cost of a poor country, Luxembourg is considered the country with the highest per capita investment in education in the world, Jack Ma could pay for it in full for 11.5 years.
Research
The monopoly of progress
Lowest research spending
Jack Ma could fully fund the state research budget of Pakistan, the fifth most populous country in the world with more than 260,000,000 of inhabitants, for 48.4 years.
Highest research spending
But even if we compare the total wealth of Jack Ma with Israel, the country that currently invests the most per capita in research in the world, it could assume the total cost of the system for 1.1 years.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison