Inside Billionaire Jack Ma’s Humble Lifestyle
The rags-to-riches story of Chinese business magnate Jack Ma, the founder of Alibaba, is not unknown. He came from a humble background, and he had that urge to go big right from his childhood. As a child, he would go to hotels and offer free city tours to visitors in lieu of English lessons. That was the start of his long and fruitful entrepreneurial journey.
Though he managed to pass school and got into the Teacher’s Institute, it was not easy for him to get a job after completing his education. After trying and searching far and wide for any opportunity, he finally got a job to teach English. Without any prior experience with computers, he nurtured an immense curiosity for it. With a few friends, he started a Chinese internet company where exporters could search for any product they want — he never had to look back after that. Oddly enough, he still maintains a humble lifestyle and is not known for any flashy purchases. Let’s find out how he spends his money!
He did once buy a private jet, nothing less than a Gulfstream G550 which came with a price tag of $49.5 million. Like many affluent personalities and celebrities, Jack Ma mostly used the aircraft for personal use. It was convenient, too, because being such a huge name in the world of business, he needs to travel a lot. Having a private jet helps him do so in his own convenient time. We wonder what kind of customization he has inside the jet – may be a personal bedroom and a living room?
$191-Million House In Hong Kong
A few years ago, the internet was abuzz with the story of Jack Ma’s latest purchase – a $191-million mansion in Hong Kong. It doesn’t come as a surprise that the house is located in the most expensive part of the city – the billionaire enclave. The Peak in Hong Kong is like the South Beach of Miami or Fifth Avenue in New York City. In case, you didn’t know, Hong Kong also happens to be the least affordable city in the whole world. However, Jack Ma admitted that the news was fake, and he didn’t buy such an expensive house, at least not yet. This proves yet again that he is not ready to spend millions just for his personal comfort.
Jack Ma’s Favorite Food
While the rich and the famous look for expensive food like foie gras or Beluga caviar, guess what this powerful billionaire loves to eat? Maggi Mee! It’s a famous brand of instant noodles that regular people love to eat. One of his employees posted a picture of him having these noodles and even mentioned that Jack Ma has been eating like this for the last 18 years. When his $38-billion net-worth can actually buy a few instant noodles manufacturers, he has been happily content with just eating a bowl for his meals.
His Morning Schedule
We all know how successful people have amazing habits the moment they wake up in the morning. Ma is no exception. He wakes up between 6 AM to 7 AM. After working for just half an hour, he spends time with family. He believes, “I always tell myself that we are born here not to work, but to enjoy life. We are here to make things better for one another, and not to work. If you are spending your whole life working, you will certainly regret it.” We can’t agree more!
The Happiest Time In Life
Though becoming a billionaire has changed his life for good, Jack Ma never forgets where he has come from. He has also openly discussed his pre-fame days. When he used to teach English to university students and got paid about $12 a month, he expressed that it was the happiest time of his life. With less money, he felt he had less responsibility but obviously not anymore these days. But he certainly found joy in simplicity.
Aside from being an affluent businessman, he is also a well-known environmentalist and collaborates with various organizations. He has always maintained that having a lot of money has made him think that it’s his responsibility to spend it wisely and never recklessly. He sees wealth as something that people have entrusted in him to use in a good way. That explains his saint-like lifestyle! We are happy that there are still people like him around who restores our faith in simple living!
More in Big Bank Accounts
Seven Times Celebrities Surprised us With their Money-Splurging Ways
We envy celebrities and their ever-increasing bank accounts. Of course, they work hard to earn it, and it involves a lot...October 19, 2020
Three Online Businesses That You Can Start During The Lockdown
The pandemic has changed everyone’s lives in ways we never imagined even in our wildest dreams — from forcing people to...October 19, 2020
Mortgage Trends That Buckled Under The COVID-19 Pandemic and A Few Others That Didn’t
Most specialists predicted a few specific mortgage trends to watch out for and that was mortgage rates won’t budge in 2020. But...October 17, 2020
Five Highest International Goalscorers in the History of Soccer!
As Americans call it, soccer, soccer is a sport with a massive fan base worldwide. One of the best players of...October 17, 2020
Is Availing A Business Loan A Good Idea?
These days, the current economic status quo is in a rather poor state — you don’t need a business degree to...October 17, 2020
Top Films That Shows the Real Essence of What Retirement is All About
Retirement is one of the aspects of our lives which we cannot ignore! Yes, the day will come, but along with...October 15, 2020
Five Apps That Are a Must Have for Every Retired Person
Smartphones are a thing of the new generation. The busy life and its demands are what the apps and features try...October 15, 2020
Five Websites That Will Help You Calculate Your Car Loan Payment
The first car you buy for yourself is indeed special. No matter the age, profession, or car size. If you are...October 14, 2020
Here’s What You Need to Know About Negative Interest Rates
As an investor or someone who stays in the loop about money markets, you might know of the risks that come with...October 14, 2020