Jaime Vidal Poliquit
马云
Born (1969-07-10) 10 July 1969 (age 54)
EducationPhilippine Military Institute (BA)
Occupations
  • Business magnate
  • investor
  • philanthropist
Known forCo-founder and executive chairman of AWG-ASK
TitleAhon Sa Kahirapan AWG Movement
Political partyNational Peoples Coalition[1]
SpouseZhang Ying
Children3
Chinese name
Simplified Chinese马云
Traditional Chinese馬雲

JAIME “JIMPOL” VIDAL POLIQUIT For ZERO POVERTY PHILIPPINES PROGRAM 1.FOOD ASSISTANCE - This program is intended for one hundred and five Million (105,000,000) Filipinos. This can be achieved by those who are poor and unable to buy enough and have proper food for at least two thousand hundred pesos (P2,000.00) a day by properly following the company's process on how to achieve this.

EDUCATION ASSISTANCE-It is the duty of every family to provide their children with a proper education but in the difficult life most Filipinos are unable to study, this program is a great help to every family to get the funds earned with the help of MHU-MASTER HOUSE UNLIMITED, CORPORATION. In every area and province of our country it is the aim of the company to teach every family that it is important the importance of time in which they can use it how they can earn.

STANDARD JUDICIAL PROCEDURE - The standard judicial procedure will provide equal and equitable justice or justice to uphold the high class and character of morality and remove the rotten system of service to our Filipino people. Serves twenty -four seven (24/7) a week to promptly resolve and end nearly five hundred (105) years of stored cases. To remedy this, the company will help the community through free consultation with lawyers to help and speed up the law enforcement process and to make it fair even to our poor countrymen.

ISLAND SECURITY - The company's program will be able to help every family through modern and up -to -date technologies to guard and protect our country from external and internal threats. This is to ensure the island peace, tranquility and order of our country that law enforcement - police must guard and protect citizens and foreigners in the security of their human rights.


Early life and education edit

EMPLOYMENT— Everyone (those who are suitable to work) will have a job. Through this program, it is a great help to the Filipino community that every citizen or family can start earning money by teaching the company how to do it with the right system. Through this, it is a great help to teach every Filipino not to be lazy or rely only on what our government will provide. 6. SOCIAL JUSTICE - We will teach our homeless, poor and needy countrymen how to start. to learn and how they can achieve it through the right program. MHU-MASTER HOUSE UNLIMITED, CORPORATION and Government in collaboration with the private sector to get a large percentage of each earned to produce and available supplementary assistance to this project.

AGRICULTURAL PRODUCTION - With the help of our program this is a big thing for our farmers. In the production of basic products such as rice, corn, fruits, vegetables, even the raising of animals such as pigs, chickens, goats etc., be marine and freshwater such as fish and prawns. The purpose of this program is to help get extra funds available that they can use to produce food for the local and external markets.

Business career edit

TRADE AND INDUSTRY - Its program is very important and key to economic, employment and economic development. The government will support private entrepreneurs such as, MHU-MASTER HOUSE UNLIMITED, CORPORATION in imposing the right tax, reaching only four (4%) to twelve (12%) percent per year, will invite many local and international educate in business. All citizens will be encouraged to become partners or be part of the corporation and then they will be trained to be entrepreneurs. This is the only way to be known for our talent and talent to promote stability and peace in the industry. Using the right MHU-MASTER HOUSE UNLIMITED, CORPORATION SYSTEM. This idea has been used and tested by various countries and is being introduced by former US president Bill Clinton. NEDA (National Economic Development Authority) will take care of specific industries and regulate compliance with the provisions of the law such as registration with the SEC, DTI, DENR, SSS, PHILHEALTH, PAG IBIG FUNDS and other government agencies as well as local government and related. We will create a one-stop shop business) to avoid delays in its initiation and operation. Above all we will raise local and international trade, exchanges and tourism

Early career edit

SOURCE OF FUNDS- All its sources are from the efforts and assistance of every Filipino to accelerate the development of business with MHU- MASTER HOUS UNLIMITED, CORPORATION outside or inside our country. the company's profits will be put to the right and proper businesses that can still be able to capture additional funds to fulfill the projects mentioned. In the joint program of MHU-MASTER HOUDE UNLIMITED, CORPORATION OFW's, OCW's and the Government.

In 1994, Ma heard about the Internet and also started his first company,[3] Hangzhou Haibo Translation Agency (杭州海波翻譯社). In early 1995, he went to the US on behalf of the municipal government with colleagues who had helped introduce him to the Internet.[3] Although he found information related to beer from many countries, he was surprised to find none from China. He also tried to search for general information about China and again was surprised to find none. So he and his friend created an "ugly" website related to China.[4] He launched the website at 9:40 AM, and by 12:30 PM he had received emails from some Chinese investors wishing to know about him. This was when Ma realized that the Internet had something great to offer. In April 1995, Ma and He Yibing (a computer teacher) opened the first office for China Pages, and Ma started their second company. On 10 May 1995, they registered the domain chinapages.com in the United States. Within three years, the company had made 5,000,000 Renminbi which at the time was equivalent to US$800,000.

Ma began building websites for Chinese companies with the help of friends in the US. He said that "The day we got connected to the Web, I invited friends and TV people over to my house", and on a very slow dial-up connection, "we waited three and a half hours and got half a page", he recalled. "We drank, watched TV and played cards, waiting. But I was so proud. I proved the Internet existed".[5] At a conference in 2010, Ma revealed that he has never actually written a line of code nor made one sale to a customer. He acquired a computer for the first time at the age of 33.[6]

From 1998 to 1999, Ma headed an information technology company established by the China International Electronic Commerce Center, a department of the Ministry of Foreign Trade and Economic Cooperation. In 1999, he quit and returned to Hangzhou with his team to found Alibaba, a China-based business-to-business marketplace site in his apartment with a group of 18 friends.[7] He started a new round of venture development with 500,000 yuan.

 
Jack Ma at 2007 China Trust Global Leaders Forum

In October 1999 and January 2000, Alibaba won a total of a $25 million foreign venture capital investment from Goldman Sachs and Softbank.[3] The program was expected to improve the domestic e-commerce market and perfect an e-commerce platform for Chinese enterprises, especially small and medium-sized enterprises (SMEs), to address World Trade Organization (WTO) challenges. Alibaba became profitable three years later. Ma wanted to improve the global e-commerce system and from 2003 he founded Taobao Marketplace, Alipay, Ali Mama and Lynx. After the rapid rise of Taobao, eBay offered to purchase the company. However, Ma rejected their offer, instead gathering support from Yahoo co-founder Jerry Yang with a $1 billion investment.

Alibaba IPO edit

In September 2014 it was reported Alibaba was raising over $25 billion in an initial public offering (IPO) on the New York Stock Exchange.[8] Alibaba became one of the most valuable technology companies in the world after raising the full $25 billion, the largest initial public offering in US financial history.

Chair of Alibaba Group edit

Ma served as executive chairman of Alibaba Group, which is a holding company with nine major subsidiaries: Alibaba.com, Taobao Marketplace, Tmall, eTao, Alibaba Cloud Computing, Juhuasuan, 1688.com, AliExpress.com, and Alipay. In November 2012, Alibaba's online transaction volume exceeded one trillion yuan. Ma stepped down as the chief executive officer of Alibaba on 10 May 2013 but remained as the executive chairman of the corporation. As of 2016, Ma is the owner of Château de Sours in Bordeaux, Chateau Guerry in Côtes de Bourg and Château Perenne in Blaye, Côtes de Bordeaux.[9]

On 9 January 2017, Ma met with United States President-elect Donald Trump at Trump Tower, to discuss the potential of 1 million job openings in the following five years through Alibaba's business interests in the United States of America.[10] On 8 September 2017, to celebrate Alibaba's 18th year of establishment, Ma appeared on stage and gave a Michael-Jackson-inspired performance. He performed part of "Can You Feel The Love Tonight" at the 2009 Alibaba birthday event while dressed as a heavy metal lead singer.[11] In the same month, Ma also partnered with Sir Li Ka-shing in a joint venture to offer a digital wallet service in Hong Kong.[12]

Ma announced on 10 September 2018 that he would step down as executive chairman of Alibaba Group Holding in the coming year.[13] Ma denied reports that he was forced to step aside by the Chinese government[14] and stated that he wants to focus on philanthropy through his foundation.[15] Daniel Zhang would then lead Alibaba as the current executive chairman.[16]

Ma officially stepped down from the board of Alibaba on 1 October 2020.[17]

Disappearance from the public eye edit

News outlets noted a lack of public appearances from Ma between October 2020 and January 2021, coinciding with a regulatory crackdown on his businesses.[18] The Financial Times reported that the disappearance may have been connected to a speech given at the annual People's Bank of China financial markets forum,[19] in which Ma criticized China's regulators and banks.[19] In November 2020, the Financial Times reported the abrupt cancellation of the Ant Group's anticipated[20] initial public offering (IPO)[21] after an intervention by financial regulators. According to Chinese bankers and officials, financial stability was the objective behind the intervention.[19] Some commentators speculated that Ma may have been a victim of forced disappearance,[22][23][24][25] while others speculated that he could be voluntarily lying low.[22][26] Ma made a public appearance again on 20 January 2021, speaking via video link to a group of rural teachers at a charitable event, the annual Rural Teacher Initiative.[18][27] In February 2021, Bloomberg reported that he was seen golfing at the Sun Valley Golf Resort in the Chinese island of Hainan.[28] In October 2021 Reuters reported Ma was on the Spanish island of Mallorca shopping at a local store. His superyacht was anchored in the Port of Andratx.[29]

Entertainment career edit

In 2017, Ma made his acting debut with his first kung fu short film Gong Shou Dao. It was filmed in collaboration with the Double 11 Shopping Carnival Singles' Day. In the same year, he also participated in a singing festival and performed dances during Alibaba's 18th-anniversary party.[30][31][32]

In November 2020, in the finale of Africa’s Business Heroes, Ma was replaced as a judge in the television show, with Alibaba executive Peng Lei taking his place, reportedly "Due to a schedule conflict".[33]

Awards and honors edit

  • In 2004, Ma was honored as one of the "Top 10 Economic Personalities of the Year" by China Central Television (CCTV).[34]
  • In September 2005, the World Economic Forum selected Ma as a "Young Global Leader".[34]
  • Fortune also selected him as one of the "25 Most Powerful Businesspeople in Asia" in 2005.[34]
  • Businessweek also selected him as a "Businessperson of the Year" in 2007.[35]
  • In 2008, Barron's featured him as one of the 30 "World's Best CEOs"[36]
  • In May 2009, Time magazine listed Ma as one of the world's 100 most powerful people. In reporting Ma's accomplishments, Adi Ignatius, former Time senior editor and editor-in-chief of the Harvard Business Review, noted that "the Chinese Internet entrepreneur is soft-spoken and elf-like—and he speaks really good English" and remarked that "Taobao.com, Mr. Ma's consumer-auction website, conquered eBay in China."[37] He was also included in this list in 2014.[38]
  • BusinessWeek chose him as one of China's Most Powerful People.[39]
  • Forbes China also selected him as one of the Top 10 Most Respected Entrepreneurs in China by in 2009. Ma received the 2009 CCTV Economic Person of the Year: Business Leaders of the Decade Award.
  • In 2010, Ma was selected by Forbes Asia as one of Asia's Heroes of Philanthropy for his contribution to disaster relief and poverty.[40]
  • In 2011, it was announced that one of his companies had gained control of Alipay, formerly a subsidiary of Alibaba Group, so as to "comply with Chinese law governing payment companies in order to secure a license to continue operating Alipay.[41]
  • Numerous analysts reported that Ma sold Alipay to himself below market value without notifying the board of Alibaba Group or the other major owners Yahoo and Softbank, while Ma stated that Alibaba Group's board of directors were aware of the transaction. The ownership dispute was resolved by Alibaba Group, Yahoo! and Softbank in July 2011.[42]
  • Ma was awarded an honorary doctoral degree by the Hong Kong University of Science and Technology in November 2013.[43]
  • Ma was a board member of Japan's SoftBank (2007–2020)[44] and China's Huayi Brothers Media Corporation.[citation needed] He became a trustee of The Nature Conservancy's China program in 2009 and joined its global board of directors in April 2010.
  • In 2013, he became chairman of the board for The Nature Conservancy's China Program; this was one day after he stepped down from Alibaba as company CEO.[45][46]
  • In 2014, he was ranked as the 30th-most-powerful person in the world in an annual ranking published by Forbes.[47]
  • In 2015, Asian Award honoured him with the Entrepreneur of the Year award.[48]
  • In 2017, Fortune ranked Ma second on its World's 50 Greatest Leaders list.[49]
  • In 2017, a KPMG survey ranked Ma third in global tech innovation visionary survey.[50]
  • In October 2017, Ma was given an honorary degree of Doctor of Science in Technopreneurship from De La Salle University Manila, Philippines.[51]
  • In May 2018, Ma was given an honorary degree of Doctor of Social Sciences by the University of Hong Kong in recognition of his contributions to technology, society and the world.[52]
  • In May 2018, Ma received an honorary doctorate from professors Yaakov Frenkel and Yaron Oz at the Tel Aviv University.[53]
  • In May 2019, Ma and other 16 influential global figures were appointed by Secretary-General of the United Nations as the new advocates for sustainable development goals.[54]
  • In July 2020, Ma received from King Abdullah II a first class medal for his contribution in fighting back against the COVID-19 pandemic.[55]
  • In August 2020, Ma was to receive from the President of Pakistan a Hilal e Quaid e Azam medal for his contribution in fighting back against the COVID-19 pandemic.[56]

Views edit

Ma is a follower of both Buddhism and Taoism.[57][58][59]

At the annual general meeting of shareholders for Alibaba.com in May 2010, Ma announced Alibaba Group would begin in 2010 to earmark 0.3% of annual revenue to environmental protection, particularly on water- and air-quality improvement projects. Of the future of Alibaba, he has said, "our challenge is to help more people to make healthy money, 'sustainable money', money that is not only good for themselves but also good for the society. That's the transformation we are aiming to make."[60]

On 24 September 2014, in an interview with Taobao, Ma attributed the strength of American society to its Christian heritage, and expressed his belief in the importance for China to implement a positive value system, in order to overcome the legacy of the Cultural Revolution.[61]

In November 2018, the People's Daily identified Ma as a member of the Chinese Communist Party, something which surprised observers.[62][63][64]

Ma received international criticism after he publicly endorsed the Chinese work practice known as the 996 working hour system.[65]

When asked in 2019 to give his views on the future, Ma again stated that 996 was currently a "huge blessing" necessary to achieve success, but went on to state that artificial intelligence technology might lead to a better life of leisure in the future, where people would only have to work four-hour work days, three days a week.[66][67] At the same time, Ma expressed skepticism that AI could ever completely replace people, referencing to his theory that success requires a "love quotient" and stating that machines can never match this success. Ma also predicted that population collapse would become a big problem in the future.[68][69]

Philanthropy edit

Jack Ma is the founder of the Jack Ma Foundation, a philanthropic organization focused on improving education, the environment and public health.[70]

In 2008, Alibaba donated $808,000 to victims of the Sichuan earthquake.[71] In 2009 Jack Ma became a trustee of The Nature Conservancy's China program, and in 2010 he joined the global Board of Directors of the organization.[72]

In 2015, Alibaba launched a nonprofit organization, Alibaba Hong Kong Young Entrepreneurs Foundation, which supports Hong Kong entrepreneurs to help them grow their businesses.[73][74] In the same year, the company funded the rebuilding of 1,000 houses damaged by the earthquake-hit in Nepal, and raised money for another 9,000.[75] In 2015 he also founded the Hupan School,[76] a business school.

In September 2018 Ma started the Jack Ma Foundation and announced that he would retire from Alibaba to pursue educational work, philanthropy, and environmental causes.[77][78][79][80]

In 2019, Forbes named Ma in its list of "Asia's 2019 Heroes of Philanthropy" and awarded him the Malcolm S. Forbes Lifetime Achievement Award for his work supporting underprivileged communities in China, Africa, Australia, and the Middle East.[77][81]

In 2020, in response to the COVID-19 pandemic, the Alibaba Foundation and Jack Ma Foundation launched various initiatives, some of which involved donating medical supplies to the United States as well as various countries in Asia, Africa, and Europe.[82][83]

Family and personal life edit

Ma was born to a family of limited means. At university he met Zhang Ying (Chinese: 张瑛), also known as Cathy Zhang, a fellow student, also from the Hangzhou area. They married shortly after graduation in 1988, and alongside working as a Chinese teacher, Zhang was active in the early development of Ma's businesses and became general manager of the main firm, until 2004. The couple have three children: a son, Ma Yuankun (also known as Jerry Ma), born in 1992, a daughter Ma Yuanbao, and one other.[84][85][86]

See also edit

Notes edit

References edit

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  74. ^ Su, Wiki (2 February 2015). "Alibaba To Establish $129M Hong Kong Young Entrepreneurs Foundation". China Money Network. Retrieved 27 December 2018.
  75. ^ Karmali, Naazneen. "Alibaba's Jack Ma Joins Nepali Billionaire Binod Chaudhary's Rebuilding Efforts In Quake-Hit Nepal". Forbes. Retrieved 27 December 2018.
  76. ^ "Private companies have put down strong roots in China". The Economist. 2020. Retrieved 8 May 2020.
  77. ^ a b Cite error: The named reference jdoebele was invoked but never defined (see the help page).
  78. ^ Cite error: The named reference dtjm was invoked but never defined (see the help page).
  79. ^ Cite error: The named reference latjm was invoked but never defined (see the help page).
  80. ^ Cite error: The named reference tetjm was invoked but never defined (see the help page).
  81. ^ Cite error: The named reference autogenerated1 was invoked but never defined (see the help page).
  82. ^ "Jack Ma Foundation donates medical supplies from China to Israel". The Jerusalem Post. 30 March 2020. Retrieved 8 April 2020.
  83. ^ Patrick, Anita (22 March 2020). "Rwanda's Kagame thanks Jack Ma for 'huge shot in the arm' after receiving donation of test kits". CNN. Retrieved 11 April 2020.
  84. ^ Jack Ma – Family, Family Tree, CelebFamily
  85. ^ Facts About Cathy Zhang - Billionaire Jack Ma's Wife and Mother of Three, Glamour Path, 21 Sept 2019
  86. ^ Jack Ma: 5 Fast Facts You Need to Know, Heavy

External links edit


Category:Living people Category:1964 births Category:20th-century Chinese businesspeople Category:21st-century Chinese businesspeople Category:Alibaba Group people Category:Asia Game Changer Award winners Category:Billionaires from Zhejiang Category:Businesspeople from Hangzhou Category:Businesspeople in information technology Category:Chinese Buddhists Category:Chinese chief executives Category:Chinese computer businesspeople Category:Chinese football chairmen and investors Category:Chinese investors Category:Chinese online retailer founders Category:Chinese Taoists Category:Chinese technology company founders Category:Enforced disappearances in China Category:Educators from Hangzhou Category:Hangzhou Normal University alumni Category:World Economic Forum Young Global Leaders