Top 10 booze billionaires

2. Jack Ma

World ranking: #21

Country: China

Worth: $37.3bn

Age: 54

Business: A former English teacher, Jack Ma is a co-founder and executive chairman of China’s Alibaba Group, one of the world’s largest e-commerce businesses. While its interests span the retail arena, it is a major player in China’s growing drinks market, selling beer, wine and spirits.

  • Its 2014 IPO in New York set a record as the world’s biggest public stock offering, raising $25 billion.
  • In September 2018, Ma announced he would resign as Alibaba’s executive chairman in one year and would be succeeded by CEO Daniel Zhang.
  • Ma also has investments in Chinese entertainment industry firms Huayi Brothers and Beijing Enlight Media.
Education: Bachelor of Arts/Science, Hangzhou Teacher’s Institute

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