Jack Ma, the flamboyant tech personality and the richest man in China, is leaving his $460 billion Alibaba empire 20 years after founding the company.

Ma stepped down as the chairman of Alibaba Group yesterday on his 55th birthday, as part of a long-planned succession scheme. Alibaba Group is the world's largest e-commerce group, with more than triple the total reported sales of Amazon for 2018.

Ma has picked Daniel Zhang, the CEO of Alibaba since 2015, to take over, though he is unlikely to match Ma's famous flamboyance.

The question nows is how many company owners can step down of their company without getting old, falling sick or giving the company to their son, daughter or family member to manage?

Source: https://ngg.ng/2019/09/11/chinas-richest-man-jack-ma-steps-down-from-his-460-billion-alibaba-company/
Lalasticlala OAM4J, Mynd44

Chai!!!
Such a foolish decision.
Who steps down from a company they founded themselves?

He should have remained there till he is about to die then hand over to his child who will remain there till they want to die then handover to their own child who will remain there till they want to die and hand over to another child who will remain there till they want to die then handover to another child who will then sell it off!

Business must remain in the family.
Why do you think the Northerners won't let go of the Nigerian Presidency?

I thought business was a family thing??
Correct me if am wrong!
$460billion
At 55 life is just getting more interesting man
Only you understand the reason for your decision

I hope it was worth it!