SINGAPORE — Jack Ma, philanthropist and founder of Alibaba, wants to empower entrepreneurs in Africa as he moves on to the next stage of his life after leaving the company he started 20 years ago.
Handed over reins at AlibabaHe handed over his CEO reins at Alibaba to Daniel Zhang, in a transition that was announced a year earlier, but will continue serving on Alibaba’s board until its general shareholders’ meeting next year. He also remains a lifetime partner of Alibaba Partnership, a group drawn from the senior management ranks of Alibaba Group companies and affiliates.
He said he will devote his time to philanthropy, especially in rural education. He was re-appointed as UN Sustainable Development Goals advocate in May. “Today I have the capability, I have the money. I have the resources. And I want to go there, empower the entrepreneurs. If we can be able to discover and help more Jack Mas, more Bill Gates, more Warren Buffetts, more Steve , Africa will be different.”
“I got ideas, but I still need another year to think it through, to visit to more countries, more schools, more teachers,” he said.
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