Celebrity net worth

Jack Ma’s Net Worth in 2022

It is not hard to estimate Jack Ma’s net worth. It’s expected to reach $5 billion by the end of the next decade, with the Chinese entrepreneur being one of the most influential business figures in the world. However, this number is subject to change. The billionaire has a very wide net worth and is still growing rapidly. Here is a look at his wealth and income. Read on to discover more about his fortune!

According to Forbes, Alibaba is the main source of Ma’s wealth. In 2014, it became publicly traded, with an IPO of twenty-five billion USD. The company is a massive success, and its stock has increased in price by almost four-fold. While this may sound like a big number, it is important to remember that Alibaba is just one of the many companies Jack has founded. The total value of all of these companies is only an estimate, and there are no official figures.

However, Alibaba is not the only source of his fortune. Its founder, Jack Ma, announced his resignation from his position as the company’s chairman in September 2019. Besides owning a six-room apartment in Hangzhou, China, the entrepreneur owns a Branksome penthouse in Hong Kong and an 85-hectare vineyard in France. He has also accumulated an impressive car collection, including a Roewe RX5 SUV.