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Jack Ma: From KFC Reject to Asia's Richest Man

4391 ratings | 253521 views
Jack Ma wasn't born rich but now he is the richest man in Asia. This Bloomberg profile tells the story of how Ma started as a poor kid in China's countryside, learned English, got rejected from a job at KFC but then went on to found Alibaba, the massive e-commerce site. Video by Vicky Feng, Lulu Chen ---------- Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1 Bloomberg is the First Word in business news, delivering breaking news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness
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Text Comments (432)
Tully (1 day ago)
Honestly had no idea Alibaba was this successful until this video.
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Jay (3 days ago)
I know this video was made about 6 months ago but the richest man in Asia at present is Mukesh Ambani from India. Just saying..
奶赤裸裸 (5 days ago)
KFC reject😂😂
Daniel Spinosa (6 days ago)
Shady Lamp2k (6 days ago)
I feel like If I had a cow it'd die from a disease called Alibaba or someone named jack ma. lol
Kabutoes (12 days ago)
Jackie Ma? You know Wei Shen?
Mahesh S Nair (15 days ago)
is it an AI which is doing the narration??
Tadashi Umemura (16 days ago)
You are beautiful. Thank you very much.
m4 mann (16 days ago)
But now the richest man is an Indian by the name of Mukesh Dirubhai Ambani
all about soccer (25 days ago)
You are wrong !!! Asia's richest person is Mukesh Ambani , India
Huy Pham (26 days ago)
Very motivative person
Jun Jie (1 month ago)
Trump's successful just only represent in the past. Jack Ma's successful can represent in the future.
Jun Jie (1 month ago)
Jack Ma was very modest. Trump was very arrogant. One of them was successor. Another of them was loser. Both are not comparing.
AMIT KUMAR (1 month ago)
wrong information!
Will Sen (1 month ago)
For those who says JackMa doesnt know coding, here is a fact about truck industry, DHL boss doesnt need to know how to drive a forklift.
K (1 month ago)
2000 to 2018 And the became a multibillionaire
DanielWhaaaa (1 month ago)
He’s ugly
Saral Thakur (1 month ago)
Chinese Steve Jobs basically but much better than him
Siddhartha Choudhury (2 months ago)
He has achieved so much and yet you say it will require more than naked ambition and charisma. Haters really gonna hate!
Doges Dream Gaming (2 months ago)
my parents say I look like him
Stephan Liu (2 months ago)
OK, you have already been on the starting point of big success.
Anurag Vishwakarma (2 months ago)
Get your facts correct. Mukesh Ambani is the richest Asian, Ma is second.
Wohox (2 months ago)
And i know somebody will yell "china Numba Wan"
Jibran (2 months ago)
Don't do interview of someone who you're really skeptic about..!
Frost Plays (2 months ago)
does he store all the cash in his big ass head.
Godarin YT (2 months ago)
The company has more then Jeff bezos Jeff bezos:-_- can I maybe join....?
Bruno Koba (2 months ago)
This has got to be one of the greatest entrepreneurial stories of our generation. Sad to see so little coverage about this man in western media compared to american entrepreneurs
Mason Haley (2 months ago)
AVLRECORDS (2 months ago)
POOR or Rich and UGLy what do you prefer?
BLʌcK MʌGiK (2 months ago)
But is he single? -Broke black women
R Sahota (2 months ago)
Billion dollar question.....How did you come up with the name alibaba ?
林振华 (2 months ago)
That is a story call sesame open the door. And he create the business hopping it opens a door of opportunity for manufacturer and retail and cut out the distributors( the middle man). And he success. The door does open... More like a flood gate..
dirty ox (2 months ago)
look at his head no wander why he so Rich
Jordan Smith (2 months ago)
Sources say that he knows how to hide his income. Some say he's worth over a trillion dollars. Richest man on Earth as far as we know
PinAwayMafia (2 months ago)
No he is not the richest Asian. Mukesh Ambani is the richest Asian net worth 41b
Jeff Ryan Lumancas (2 months ago)
Richest ? Even all the billionaire and elites like queen elizabeth combine their wealth they cannot surpassed the global funder or the royal child. The royal of all royals
Hao ZHEN (2 months ago)
We call him the white gloves of the bureaucratic privilege stratum. I admit he is special among his peers, however, just like a cute muppet on the stage, he is simply a tool to collect the money.
Pepsiman (2 months ago)
baby face ass nigga
YourUgandan Boi_47 (2 months ago)
This will be a meme
Hail Xenu (2 months ago)
So does he still have to eat cats and dogs
Lei一一一 (2 months ago)
Jack Ma helped Mcdonald to defeat KFC in China. KFC used to be the number one fast food in China but now is Mcdonald
Philip Cooper (2 months ago)
Ah feck, I only went to 10 job interviews before I got a job. Well, maybe I'll earn just about 1/3 of what Ma managed.
Ewaz Nazari (2 months ago)
1526 S Van Ness Ave, San Francisco, CA 94103, USA
Piotr Jurkiewicz (2 months ago)
Wtf 0.0
America (2 months ago)
Stole Amazons business model when China opened up. When china modernizes you will see more of him.
stary dancer (2 months ago)
Solid (2 months ago)
i cant get over the fact that the woman talking sounds like she is 10
Zectical Real (2 months ago)
His face makes me go crazy
Kenny Lawrence (2 months ago)
I want to get inspired by him, but I think what also helped him is the fact that China is not open to outside competition, so he faced less competition although he may not have been as skilled as silicon valley internet talents.
Dennis HP (2 months ago)
"Love... but don't marry with them." :)
孩子我只是个 (2 months ago)
Not any more budy
Linus (3 months ago)
I have to get myself some "strong eyes" so I can make money :P
Power Co. (3 months ago)
Alibaba is fucking trash, it’s just like dhgate
Justin A (3 months ago)
Rich guys apparently can't afford decent haircuts.
dedly kuin (3 months ago)
his idea are amazing but the way they made alibaba literally the worse online shopping place is just horrible
BRBallin1 (3 months ago)
So basically he copied existing tech in typical Chinese fashion and got rich off of it.
RobertsDigital (3 months ago)
The KFC assholes who rejected him are still struggling to sell their fried chicken.....I wish I could see their faces. Similar to my own story. I had been rejected countless times on job interviews and many people behaved so hypocritical when they saw me. One reason, because I dont meet the skin color requirements but they won't tell you that that's the reason. Today I have learnt to become independent..
Expla / VFX Editor (3 months ago)
what is AliExpress then?
John Smith (3 months ago)
Kriss (3 months ago)
Who is he again
Travel with me (3 months ago)
Mukesh ambani is the richest man in Asia not jack
Dario Mendoza (3 months ago)
ha ha kfc did him a favor. forcing him to look harder!!
Bailey Henderson (3 months ago)
Alibaba will be broke and be bought by Frsh this summer
United Alliance (3 months ago)
He isnt richest in Asia. Ambani is
Sergeant Johnson伍世 (2 months ago)
Wrong. 39.7b>39.5b
riptorn (3 months ago)
These people don't start out poor I guarantee it, they are born rich.
marlonious76 (3 months ago)
Great story !!!
GeriX (3 months ago)
Jack Ma would love the Little Bits Restaurant
Yunus Ismail (3 months ago)
I’m sorry I’m sorry his face just CRACKS me UP🤣🤣
RaNdOmIsEr Titan (2 months ago)
so should his money
he is so so awesome. his personality is influential. his speaking capabilities proves his views to be realistic
Swagatam Sarkar (3 months ago)
Asia's richest man is Mukesh Ambani (India). Get your facts straight.
Jim Huang (3 months ago)
One thing should be noted is that, the people who were able to apply for a passport and travel oversea in China, during the 90's, were the elite/upper-class. So, unless you are rich, top 0.1% in university or have someone in the family is a government officials, otherwise the chance of you travelling oversea is very slim.
Jim Huang (3 months ago)
Yes, you get the point. Either you are wealthy or have guanxi. I still remember how hard for me to get a passport just for me to go to Hongkong in the 90's. I had to go through all sorts of paper work and have dinner with people (the guanxi thing).
Steven wang (3 months ago)
80s maybe, not 90s. Especially if you were an academic working at an university. Both my parents were professors and traveled and worked abroad frequently. Since Jack Ma was teaching english it shouldnt be a surprise.
DJ Pedobear (3 months ago)
actually not really? my great grandfather isn't rich, but manage to travel abroad so, :D some times people just pool money so somebody get out and be and OFW
Lakshay Kashyap (3 months ago)
dont distort facts, he's no where near being asia's richest man. He is 10 billion dollars short from india's buisness magnate mukesh ambani. get you facts right.aye !
Harsha Manish (3 months ago)
Andrew Manook (2 months ago)
You mean UP?
Deepu Gupta (3 months ago)
Mukesh Ambani is the richest man in Asia 😀😂😀😁
gang plank (3 months ago)
justin sun will follow jack ma
李小光 (3 months ago)
JUNCHENG WANG (4 months ago)
jack ma is gr8
Christiaan Verhoef (4 months ago)
Richer than KFC
ThisPowWowYT (4 months ago)
One Problem, Asia rich man across seas.... We have Elon Musk.... Sooooooooo I think what we will do is keep our two different sides of the coin. Ohh and Trump is here as well.
Micheal Name (4 months ago)
His face scared me
麗沙桑原 (4 months ago)
however, it ignores that he has a prestigious father and he was not poor at all.
ジャン (4 months ago)
this guys is lucky because china have censored the internet meaning no google no facebook no yahoo this guys is average compare to other big name billgates stevjob and Mark Zuckerberg he have the homebase advantage
Fat Boy Slim (1 month ago)
Average people are not 35billion dollars rich lol.
Junyue Han (3 months ago)
ジャン home-base advantage is true. But dealing with Chinese government is not a easy thing. I do not think other brilliants would be able to deal with the Chinese government. Everything has pros and cons.
GREEY H (4 months ago)
pangtianran110 (4 months ago)
The comment section remain me one saying from a book "The west are slowly walking into oblivious."
hemal patel (4 months ago)
Mukesh ambani is the richest man of Asia Not jack ma ambani outworths him by 300 thousand dollars
Michael Joshua (8 hours ago)
Ask murkesh ambani to build toilet in India
Jay (3 days ago)
+The Polymath00 Yeah, but that wouldn't stop him from eating dogs. He's probably munching on a German shepherd as we are speaking..
Frederick Chen (2 months ago)
@hemal patel Arrogant asshole, hasn't drinking cow piss made your smarter?
Sergeant Johnson伍世 (2 months ago)
39.7b vs 39.5b. If my grade 2 math is correct, jack has 200 million more.
ronith Anchan (3 months ago)
hemal patel nope not anymore reliance isn't doing too well. Mukesh Amabanis Net worth is 39.5 Billion USD while Jack Ma's is 39.7 billion
Sout Foul (4 months ago)
so many Jack Ma died in North Korea. so sad :(
Meowmeow (4 months ago)
AKA if you keep working hard then I'm sure the system makes every single one of you billionaires!
Henning Gu (4 months ago)
He is cool.
LinKun林鲲 (4 months ago)
behind the Ma's success stand numerous Chinese women, because women always buy buy buy! It is Chinese woman make him to be Asia's Richest Man.😆😆😆
ranker4 (4 months ago)
And alot of women and men made Bill Gates one of the richest by buying his producs....Really now, stop with this kind of stupid assumptions.
Fezza Manezza (4 months ago)
Dirty tactics that kick out foreign companies and let domestic companies steal all market share and tech!! Greedy western companies happy to exploit land and people of china. Chinese elite happy for it to happen. 1991 letting those fucking rats into the WTO wound up being a huge mistake. Fuck Bill Clinton!
william (4 months ago)
ranker4 (4 months ago)
Is this how your mother called you when you were younger? Trauma kicked in to you now.
MrLeeCummings (4 months ago)
Well, his online shop, Tao Bao, sells counterfeit or knock offs of genuine items, just like my phone case......
Hisoka Morrow (4 months ago)
For everything you do there is an asian that do it better
Sayre Jr. Cabansa (4 months ago)
Jack Ma if it wasn't from Americas Internet network you cannot be able to succeed. If the internet is cut in your country. you will loose everything.
If, if, if... Perhaps that's why you're not as successful as him. Just do it.
DJ Pedobear (3 months ago)
they still have Intranet, internet for china alone, he'll still survived he just won't become the richest
MICHAEL CRASH (4 months ago)
He does seem like a sweetheart
KansaiGene (4 months ago)
Asias richest man looks like a retard
Klaus Uhr (4 months ago)
he's a legend
OMIM (4 months ago)
He seems really humble. Thanks for the documentary! 💓
毛之孫子-习大大 (4 months ago)
吾朕习天朝已令水軍加5毛傾巢出”洞”. 吾习党国天朝是上梁不正下梁歪. 毒发自心,因为烂始自源头!吾朕习天朝19大內斗內行, 外斗外行.和北韓天朝党国差不多了. 吾朕19大要傾天朝党国之力洗腦, 蓝金黄. 朕已令5毛傾巢出”洞”. 朕19大已令奴才尽快地向海外转移资产消灭海内外的证据.一切都是刚刚开始! 同时朕已令吾习天朝党国前幾天把袁腾飞封了. 因為袁腾飞上課講真話.
George Lihi (4 months ago)
Jaime Gutierrez (4 months ago)
Tiger Beer Of Japan(1984..1958)-2018,..,..KANG.

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