Life was not always easy for Jack Ma who is now the second richest person in China with net worth of more than $28 billion. He had to go through multiple failures and rejections during his life starting as early as his school days where he failed different exams.
Even when he started Alibaba, it was not profitable for more than three years and it once reached a point where bankruptcy was only 18 months away.
But nothing stopped him and fifteen years after founding it, Alibaba was listed on NYSE and today has market cap of over $258 billion.
In this infographic below, we’ve tried to put up all the failures that Jack has shared during different interactions.
- Bazaar launches digital ledger app Easy Khata, hits over 100,000 merchants in less than two months - April 14, 2021
- Interview: In a conversation with NowPay’s co-founder and CEO Mostafa Ashour - April 13, 2021
- Swvl’s co-founder and former CTO Ahmed Sabbah launches Telda, a Venmo-like app for Gen Z in Egypt - April 13, 2021
