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#32 Alibaba: The House That Jack Ma Built
Founders
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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