Jack Ma Blames USA for Lack of Distributive Justice

Tuesday, January 24, 2017

Jack Ma, one of China’s most successful and richest entrepreneurs, has responded to America’s growing globalization backlash, arguing that the superpower has benefited immensely from the process – but that it has largely squandered its wealth.

Jack Ma said that "It's not that other countries are stealing American jobs; it is US strategy - it did not distribute the money properly".

Ma Yun, known professionally as Jack Ma, is a Chinese business magnate who is the founder and executive chairman of Alibaba Group, a family of successful Internet-based businesses.

Fact Sheet:
  • Born: 10 September 1964, Hangzhou, China
  • Net worth: 28 billion USD (2017) Forbes
  • Spouse: Zhang Ying
  • Books: NEVER GIVE UP M, Never Give Up: Jack Ma in His Own Words
  • Children: Ma Yuankun
  • Education: Cheung Kong Graduate School of Business (2006), Hangzhou Normal University (1988)
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