The current vice governorship candidate of All Progressives Congress, APC,
The richest man in China and founder of Alibaba Jack Ma announce he would be stepping down as the Chairman of his company and would become a teacher. He gave the announcement as he celebrates his 54th birthday.
The Billionaire earlier had plans of investing billions of Dollars in the US so as to create millions of jobs, but his plans were cut down due to the trade war between the US and China
Ma started Alibaba just as a website from his home but has now grown it to be one of the leading technology companies in the world and is now worth over $420 billion.
Ma name his company after he watched and thought of the firm Alibaba and 40 Thieves.
He started Alibaba with $60,000 which was given to him by some investors. He went on to create the idea of an e-commerce website that helps companies place their goods for exporting or for importing. Today Ma is a multibillionaire and he is part of the richest people in the world.
Although Ma plans to remain at the board of Alibaba for some time, he would hand over to Daniel Zhang and he would like to go into teaching.
Ma is worth $40.5 billion as he is currently the richest man in China.