The excitement created for Alibaba in the past few months has been anything but boring. With a successful debut on the NYSE and becoming the largest IPO in history, Alibaba's control of more than 80% of China's e-commerce market will be a great growth story. This is only the beginning of Jack Ma's wealth as China's wealthiest man.
His wealth is only growing and should continue to grow with Alibaba's inevitable growth from western e-commerce. There are no other major competitors from China to challenge his position, currently The e-commerce market provides a sustainable income for the future so profits should continue to increase his wealth long term.
Jack Ma, the founder and CEO of Alibaba, will be the richest man in China for a long, long time. The the market cap of Alibaba is expected to grow at a rate of 8-10% per year for the next five years. No company in China is expected to match that growth in the short-term.
No, Alibaba founder Jack Ma will not be able to keep his title as China's wealthiest man for the long term, because there is always someone who will come along who will have more. Someone will invent something new, or they will learn how to do it better. No fortune lasts forever.