Online retail giant Alibaba, owned by Jack Ma swell, has been valued at £140billion, more than Walt Disney and Coca-Cola, Ebay, Amazon, after the biggest stockmarket flotation in US history.

Ma Swell, the 50-year-old founder was born in the Chinese city of Hangzhou, but twice failed his college entrance exam. And he later enrolled on a teacher training course before working as an English teacher on less than £10 a month.

He visited the US in 1995 realised the potential of the internet and four years later, he launched a website named alibaba, where firms buy and sell goods online.

Alibaba now accounts for more than 80% of internet retail sales in China, and handles more transactions than eBay and Amazon combined.

The successful share sale saw the fortune of founder Jack Ma swell to £11billion, confirming him as China’s richest man.

http://www.nigerianheadlines.com/alibaba-owner-once-failed-student-now-valued-140-billionn/

thanks God say nor be looks dem take dey become rich, this man for be truck pusher ;F

I like the man. Ugly ex-teacher discovered a teacher's reward was no longer in heaven. It is beautiful to see instead of teaching business principles, he practiced it and see where it landed him!

rawpadgin: thanks God say nor be looks dem take dey become rich, this man for be truck pusher ;F

lol

@OP, your topic says £140billiion, while the write-up says £11billion.

Which are we to take?

Changing of levels!

thought the guy is now worth $27 billion?

IT is creating the billionaires of the 21st century

Apparently, School is not a parameter for success outside the classroom. You can achieve your dreams if you simply have the vision and the will power. School knowledge is secondary. Positive mentality is key.
Same thing with the founder of Hyundai, Chung Ju Yung. The guy was just a primary school certificate holder when he started his business first as trucking and motor repair company before diving into heavy machinery and ship building. Today Hyundai is one of the largest business conglomerates in the world.

Story like this is so uplifting. Perhaps I do ask if there are favorable conditions in the so-called "turned to a billionaire" kind of story which have been same repetition of their kinds for like 3 decades now mostly outsde the continent of Africa. I learnt about many people like these that once failed but braced up and later become somebody in life (read the book HOW THEY STARTED). One thing I discovered that is common about such people is the ACTION they take after once FAILING. That is where the KEY is. From this case study, it was reported that he first went to take up teaching job(the available) and then later found OPPORTUNITY in online business(the desirable); refusing to Pass Over Opportunity Repeatedly(POOR).