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#32 Alibaba: The House That Jack Ma Built

Founders

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The Personality of Jack Ma

Alibaba's Ubeo online mutual fund proved so popular when it launched in 2013 that it stirred China's stagnant financial service industry into a frenzy of activity. By 2014, Ubeo had attracted over $93 billion from 80 million investors, more than the combined total accounts of all other money managers in China. The inflow was so huge that in only 10 months, U Beo was ranked as the fourth largest money manager in the world. Jack Ma combines a love of showmanship with a relish for defying stereotypes.

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