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In 2001, we went to raise some $3 million in venture capital in the U. — Jack Ma

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"In 2001, we went to raise some $3 million in venture capital in the U.S. and got rejected. So we’ve come back and raised a little bit more: $25 billion. This is not money; this is trust from the world, trust from the people."
Jack Ma
Jack Ma
Jack Ma
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Ma Yun, also known as Jack Ma, is a Chinese businessman and philanthropist. He is the founder of the Jack Ma Foundation, and co-founder of Alibaba Group and Yunfeng Capital. As of May 2025, Ma's net worth was estimated at US$27.2 billion.