On September 10, Jack Ma, founder of Alibaba, a Chinese online retailer, resigned as chairman of the company. It just happened on the day of his 55th birthday. Jack Ma's place in Alibaba was occupied by Daniel Zhang, the company's CEO. Jack Ma announced his plans back in September 2018, explaining that he wants to do educational and charitable projects.
But despite the resignation of Jack Ma in the company will still remain a key figure. Without his support, important decisions are unlikely.
Jack Ma founded Alibaba in 1999 and began his career as an English teacher. Alibaba is now the largest company with a market cap of $ 460 billion. AliExpress is also a project of Alibaba.
The Bloomberg edition estimates $ 41.8 billion of Jack Ma's fortune. He is Asia's second richest man after businessman Mukesh Ambani of India.