There is no one in Chinese business like Jack Ma, and it may be a long time before anyone like him comes around again
HANGZHOU, China—.
On Tuesday, his 55th birthday, China’s richest person plans to step down as executive chairman of Alibaba Group Holding Ltd., the nearly half-trillion-dollar online-shopping giant that he co-founded in an apartment in this southern Chinese city two decades ago. For his third act, the former English teacher plans to return to education, where he wants to focus his philanthropic energies.
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