Billionaire Jack Ma Says Founding Alibaba Was His ‘Biggest Mistake’ in Life

Billionaire Jack Ma Says Founding Alibaba Was His ‘Biggest Mistake’ in Life
Editorial Staff
June 27, 2016
Alibaba founder and billionaire Jack Ma said he would rather not build a business like Alibaba if given the choice in his next life, claiming that his creation of the e-commerce giant has been his biggest mistake.
His surprising revelation was a response to a question recently asked during a Q&A session on June 21 at the 20th St. Petersburg International Economic Forum, reports Shanghaiist. Jack Ma claimed that Alibaba’s success caused him a lot of trouble, leaving him very little time for himself.
“My biggest mistake was I made Alibaba. I never thought that this thing would change my life. I was just trying to do a small business and grow that big, take that much responsibility and got so much trouble. Everyday is like as busy as a president, and I don’t have any power! And then I don’t have my life,” Ma said.
So I said in my next life, if I still can have a next life, I will never do a business like this. I will be my own self, I want to enjoy my life.”
The Alibaba Group, which is currently valued at $190 billion, certainly doesn’t look like a mistake to most people’s perspectives, especially to the 35,000 people it currently employs.
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