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Jack Ma's story is not complete yet

By Colin Speakman | China Daily | Updated: 2014-10-30 07:52

Jack Ma, the founder of Alibaba Group, is the richest man in Chinese mainland with his net wealth increasing to $19.5 billion this year, according to Forbes. His fortune exploded after Alibaba's record initial public offering in New York which raised about $25 billion.

Many have asked: When will the world see the next Bill Gates or Steve Jobs, who exemplify the American dream of success, wealth and influence by individuals starting from modest beginnings, and will China see such a home-grown role model? Ma represents that role model and will influence the way Chinese people realize the Chinese Dream in the next decade.

Ma's story reads like a fairy tale: He was born in an ordinary family, studied at an ordinary primary school in Hangzhou, Zhejiang province, and earned his first money as an undistinguished English teacher. Ma says he is still proud of those days and his $20 a month earnings. His rise up the social ladder should make people realize the importance of learning from the happenings in the rest of the world.

Jack Ma's story is not complete yet

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