Meet man, once richest man of Asia, was richer than Mukesh Ambani, Adani, Ratan Tata, went missing for months, now back with…

The Chinese billionaire Jack Ma was called the richest person of Asia with a total net worth of $61.7 billion only 3-4 years ago, having a wealth that surpasses the likes of Mukesh Ambani, Ratan Tata, and Gautam Adani.

Feb 18, 2025 - 01:30
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Meet man, once richest man of Asia, was richer than Mukesh Ambani, Adani, Ratan Tata, went missing for months, now back with…

Jack Ma’s comeback story: One of the most names that has reach out of China and grabbed headlines internationally for being the richest man of Asia is that of Jack Ma. Born in Hangzhou, Zhejiang on 10 September 1964, Jack Ma had a ardour for studying English literature since childhood however destiny had one thing else written for him. Ma graduated with a BA in English in 1988 after which he worked as an English trainer at Hangzhou Dianzi College. Experiences even contain it that Jack Ma also tried making exercise of to Harvard several events however turn out to be rejected. Right here’s how he's coming round but again after his contemporary failure.

Ma faced rejection several events in his lifestyles however in the waste executed the success he wished to. In an interview with Bloomberg News, Jack Ma had stated that he failed thrice in an examination for kids to slump to the university. Ma also stated that he had utilized for 30 jobs however may no longer procure chosen.

Once richest person of Asia

The Chinese language billionaire Jack Ma turn out to be known as the richest person of Asia with a full score worth of $61.7 billion most efficient 3-4 years previously, having a wealth that surpasses the likes of Mukesh Ambani, Ratan Tata, and Gautam Adani. On the opposite hand, things changed in the impending few years and his wealth started coming down. Within the new replace, he's abet with a brand new replace.

Billionaire Jack Ma invests in fishery & agriculture startup

In an replace from 2023, Chinese language billionaire and Alibaba founder Jack Ma invested in a fishery and agriculture startup in China. The startup, known as “1.8 Meters Marine Technology (Zhejiang) Co” turn out to be integrated in Hangzhou, capital of Zhejiang province, with a registered capital of 110 million yuan ($15 million), reports South China Morning Submit, citing company registry files provider Tianyancha.

The startup caters to processing, wholesale and retail sales of agriculture products as smartly as pattern of offshore wind energy programs.

Ma made several world trips to be taught about sustainable food manufacturing. In Japan, he spent time studying fisheries and tuna farming and in Thailand, the billionaire visited a sea shrimp farming factory. Notably, the 58-365 days-extinct has saved a low profile since criticising China’s monetary regulators in 2020.

(With inputs from companies)

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