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10

Jack Ma

Photograph by David Paul Morris — Getty Images
  • Company
    Alibaba
  • Title
    Founder and Executive Chairman

Did anyone in the world have a bigger September than Jack Ma? Alibaba’s IPO catapulted Ma into first place on China’s rich list, and the news extravaganza made the tech executive a global household name. Meanwhile, Alibaba’s business seems as strong as ever. In its first earnings report as a public company in November, the e-commerce giant said that quarterly sales rose 54%, and its active buyers hit a record 307 million. Traders bid up Alibaba’s market value to $260 billion—higher than Wal-Mart’s. —Scott Cendrowski

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