You Searched For "Jack Ma net worth" and got 20 results
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2 mins read
Warren Buffett's Berkshire Hathaway plowed a net $41 billion into stocks last quarter — and slowed its share repurchases
The famed investor's company reported a 28% drop in its cash pile to $106 billion as its stock purc…
Theron Mohamed
2 mins read
Jack Ma, the billionaire founder of Alibaba, disappeared from public view in 2020. He's been living in Tokyo for the past 6 months, a new report says.
Ma has been lying low since October 2020, when he gave a speech criticizing China's financial regul…
Huileng Tan
2 mins read
Softbank's $9 billion net loss last year has a lot to do with Uber and WeWork
The Softbank Vision Fund had $75 billion invested in 88 startups but they were worth 7% less in…
2 mins read
China's richest tech titans have seen $87 billion of personal wealth wiped out since the start of July amid government crackdown
Alibaba founder Jack Ma has been spared some of the worst losses recently, but that is in part beca…
Ethan Wu
3 mins read
This is 996 culture, a grueling 72-hour work week popular in China that's been criticized for ruining work-life balance
The 72-hour work week is favored among fast-growing Chinese tech companies, but workers and experts…
Heather Schlitz
2 mins read
Elon Musk just unlocked $23 billion worth of Tesla stock options — but he can't sell the shares for 5 years
The Tesla CEO, who is trying to pull together $39 billion to take Twitter private, won't see an imm…
Theron Mohamed
2 mins read
Where is Jack Ma? Questions arise about the billionaire’s whereabouts as Alibaba faces scrutiny from the Chinese government
Ma, who once held the tag of wealthiest man in Asia, has seen his net worth tumble. Ac…
1 min read
Tencent's Ma Huateng replaces Jack Ma as China's richest person
Before co-founding Tencent in 1998, Pony led research and development for the internet paging …
3 mins read
Our business made $500,000 in revenue in a year, but my wife and I were miserable. Here's why ditching all our clients was worth the income hit.
Kimanzi Constable and his wife decided to cut back on work with clients, cutting revenue first then…
Kimanzi Constable
2 mins read
China suspends Jack Ma’s $34 billion Ant Group listing — Alibaba shares plunge, Ma loses over $3 billion
Alibaba shares plunged by almost 10% in Hong Kong after the news of Ant Group's IPO suspension w…
2 mins read
Fidelity cuts Ant Group's valuation in half to $144 billion after regulatory crackdown in China
Ant Group had been valued at nearly $300 billion by Fidelity ahead of its anticipated IPO, which wa…
Matthew Fox
2 mins read
"Jack Ma and I will remain friends forever," says Masayoshi Son as Alibaba founder leaves SoftBank board
There was something more disappointing for Masayoshi Son than Softbank’s nearly $9 billion loss and…
3 mins read
Alibaba cofounder Jack Ma is the richest man in China - here's how he spends his $38 billion net worth
But beyond Alibaba, Ma's income stream is impressively diverse. In 2010, Ma and four associates fou…
Abby Narishkin,Jack Houston
3 mins read
Billionaire Jack Ma was one of China's biggest success stories. The government turning on him speaks to an animosity against billionaires in the Communist country.
China isn't just cracking down on Jack Ma - the Communist Party is reining in billionaires as the w…
Katie Canales
2 mins read
Alibaba shares jump 8% as China ends its antitrust probe on Jack Ma's tech empire with a record $2.8 billion fine
CEO Daniel Zhang said Alibaba doesn't expect any material impact from changes made in arrangements …
Shalini Nagarajan
1 min read
Elon Musk is $8 billion poorer after taking control of Twitter, meaning his net worth has fallen by $66 billion this year
He's still the world's richest man, but becoming "Chief Twit" has wiped billions off Elon Musk's fo…
Sam Tabahriti
1 min read
People are lining up in droves after rumors spread that billionaire Jack Ma is giving out cash to Chinese seniors
The gifts are said to be made in honor of Lunar New Year, but authorities warn it may be a scam.
Julie Gerstein
2 mins read
Masayoshi Son says China's crackdown on Alibaba is nothing different than antitrust regulations in US or UK
Masayoshi Son, the founder and CEO of SoftBank, and a long-time friend of Alibaba founder Jack Ma, …
2 mins read
Jack Ma plans to shrink his business, bow to pressure after being slapped down by the Chinese government
Jack Ma's Ant Group has submitted a restructuring plan to regulators after pressure from Beijing, T…