Alibaba’s Jack Ma Networth Increases by $2.8 Billion
Jack Ma’s net worth increased by $2.8 billion overnight as Alibaba forecast sales growth topped analyst estimate. He is now the richest person in Asia and has a net worth of $41.8 billion. His net worth has grown by $8.5 billion in 2017 and is now the 14th wealthiest person in the world.
“His net worth has grown by $8.5 billion in 2017.”
The surge in Jack’s Ma net worth came after China’s largest e-commerce company forecast 45 to 49 percent revenue growth in the year ending March. Alibaba is capturing more digital advertising spending by incorporating social elements such as video in its shopping sites.
We provide the fundamental technology infrastructure and marketing reach to help merchants, brands and other businesses that provide products, services and digital content to leverage the power of the Internet to engage with their users and customers. Our businesses are comprised of core commerce, cloud computing, digital media and entertainment, innovation initiatives and others. Through investee affiliates, we also participate in the logistics and local services sectors.
The Wealth Insider is the world’s leading wealth intelligence for global wealth managers, investments managers, asset managers, high net-worth service providers and wealthy individuals. Our global workforce seamlessly present the inside news of the most relevant news, insights, global wealth trends, innovation & digital transformation to our global audience.
Get The Wealth Insider Daily
- For Press Release, please contact firstname.lastname@example.org
- For Media-related enquiries, please contact email@example.com
- For Advertisement, please contact our official ad agency