Billionaire Profile
Jack Ma
Global Rank
#86

Image: Deonwillsgh | CC BY-SA 4.0 | via Wikimedia Commons

Jack Ma

CEO, E-commerce
CHINA
Real-Time Net Worth
$28.249B
Estimated based on E-commerce stock value as of June 5, 2026
-0.36% (24h)
Age
61
Source
E-commerce
Industry
Technology
Citizenship
CHINA

Biography

Jack Ma is among the world's most closely watched billionaires from CHINA, with an estimated fortune of $28.2B. The bulk of Jack Ma's wealth comes from E-commerce, closely tied to E-commerce. Jack Ma, born Ma Yun, is a Chinese businessman and philanthropist. He is the co-founder of the Alibaba Group, a global e-commerce giant, and the founder of the Jack Ma Foundation. Ma's journey from an English teacher to a leading figure in the technology industry is an inspiring story of success. His source of wealth is primarily derived from e-commerce and technology ventures. As of March 2026, his net worth is estimated at $28.9 billion, making him one of the wealthiest individuals in China and globally. Ma's career began with an English teaching position before he entered the world of business. His leadership and entrepreneurial spirit have driven significant achievements, including the creation of Alibaba and its expansion into various sectors. Key career milestones include Founded Hangzhou Haibo Translation Agency (1994); Co-founded Alibaba Group (1999); Launched Taobao Marketplace and Alipay (2003); Alibaba IPO (2014). This profile documents verified holdings, career milestones, and multi-year net worth history drawn from Forbes rankings, company filings where available, and our editorial methodology. Readers use it to understand how public markets, private company stakes, and major business bets shape one of the largest personal fortunes on record. Wealth estimates move with stock prices, funding rounds, and disclosed transactions—figures on this page are research estimates, not cash balances. We publish year-by-year net worth history when verified data exists, link to primary sources, and update profiles when Forbes Real-Time Billionaires or major filings change the picture materially. For investors and researchers, the most useful reading pairs the headline number with ownership structure, geography, sector exposure, and the multi-year history chart on this page—especially during volatile markets when single-day moves can shift rankings without any operational change at the underlying companies.

Fact Checked
Verified by Editorial Team
Live Data
Updated 6/5/2026
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Wealth Over Time

Career Milestones

  1. 1

    Founded Hangzhou Haibo Translation Agency

    Started his first business, providing translation services.

  2. 2

    Co-founded Alibaba Group

    Launched Alibaba.com, a B2B marketplace.

  3. 3

    Launched Taobao Marketplace and Alipay

    Expanded into consumer-to-consumer e-commerce and online payments.

  4. 4

    Alibaba IPO

    Alibaba went public on the NYSE.

  5. 5

    Founded Jack Ma Foundation

    Started philanthropic work focused on education, entrepreneurship and environmental causes.

  6. 6

    Stepped down as Alibaba Executive Chairman

    Retired from his role at Alibaba to focus on philanthropy.

Net Worth History

YearNet Worth
2026$28.249B
2025$29.1B
2024$28.9B
2023$34.5B
2020$66.6B

Philanthropy

Jack Ma Foundation

$Undisclosed
Education, Environment, Health

Focuses on education, entrepreneurship, medical support, and environmental protection.

COVID-19 Relief

$$XB
Health

Donated medical supplies to over 150 countries during the pandemic.

Africa Netpreneur Prize Initiative

$Undisclosed
Entrepreneurship

Grants to African entrepreneurs.

Support for Education in Tibet

$$14.6M
Education

Fund for education in Tibet.

Controversies & Legal

2020

Criticism of Chinese Regulators

Ma criticized China's financial regulators, which led to increased scrutiny of his businesses and the halting of Ant Group's IPO.

In-Depth Profile

Jack Ma Net Worth in 2026

Jack Ma's fortune reflects listed equity, private company stakes, and other assets tied to E-commerce. Our current estimate stands at $28.2B, updated from Forbes Real-Time Billionaires data and cross-checked against company ownership records where disclosed. Rankings can shift quickly when a core holding re-prices on public markets or a private valuation is revised after a funding round.

How Jack Ma Built Their Wealth

Jack Ma accumulated wealth through E-commerce. E-commerce remains the central operating company in most public estimates, meaning its valuation and Jack Ma's reported ownership stake drive much of the net worth figure. Early career decisions, founding roles, and subsequent scaling of operating businesses typically explain how concentrated equity positions became a global top-tier fortune.

Portfolio and Business Context

Shareholding tables, financial history charts, and linked company profiles on this page show how Jack Ma's wealth shifts with market cycles. Compare year-over-year net worth history, related billionaire profiles, and sector rankings for additional context. When multiple companies appear in the source-of-wealth field, treat each as a separate exposure: public tickers update daily, while private assets may revalue only when credible transactions or disclosures occur.

How We Research This Profile

Editors combine Forbes billionaire list data, company market capitalization, disclosed ownership where available, and historical net worth series stored in our database. We do not publish synthetic chart points—only documented years appear in financial history modules. See our methodology page for sourcing standards and the corrections page to flag material errors.

Career Milestones

1994

Founded Hangzhou Haibo Translation Agency

Started his first business, providing translation services.

1999

Co-founded Alibaba Group

Launched Alibaba.com, a B2B marketplace.

2003

Launched Taobao Marketplace and Alipay

Expanded into consumer-to-consumer e-commerce and online payments.

2014

Alibaba IPO

Alibaba went public on the NYSE.

2014

Founded Jack Ma Foundation

Started philanthropic work focused on education, entrepreneurship and environmental causes.

2019

Stepped down as Alibaba Executive Chairman

Retired from his role at Alibaba to focus on philanthropy.

Philanthropy & Social Impact

Education, Environment, Health

Jack Ma Foundation

Undisclosed

Focuses on education, entrepreneurship, medical support, and environmental protection.

Health

COVID-19 Relief

$XB

Donated medical supplies to over 150 countries during the pandemic.

Entrepreneurship

Africa Netpreneur Prize Initiative

Undisclosed

Grants to African entrepreneurs.

Education

Support for Education in Tibet

$14.6M

Fund for education in Tibet.

Business Philosophy & Leadership

Notable Quotes

"If not now, when? If not me, who?"

"Leadership is your instinct, then it's your training. Leaders are always positive, they never complain."

Leadership Principles

Customer First

Prioritizing the needs and satisfaction of customers.

Team Work

Emphasizing collaboration and cooperation among team members.

Embrace Change

Being open to and adapting to new ideas, methods, and circumstances.

Simplicity

Focusing on clear and straightforward approaches and avoiding complexity.

Professionalism

Maintaining high standards of competence and conduct in all endeavors.

Honesty

Operating with integrity and truthfulness.

Controversies & Challenges

2020

Criticism of Chinese Regulators

Ma criticized China's financial regulators, which led to increased scrutiny of his businesses and the halting of Ant Group's IPO.