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Abandoning a million yuan annual salary to follow Jack Ma, earning hundreds of billions before going to the United States, and now becoming a consultant to the Chief Executive of Hong Kong

Tech 2023-05-13 12:59:50 Source: Network
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The name of Joseph Tsai, the founder of Alibaba, appeared among the members of the Chief Executive's advisory panel announced in Hong Kong. Speaking of Joseph Tsai, he is also famous in China

The name of Joseph Tsai, the founder of Alibaba, appeared among the members of the Chief Executive's advisory panel announced in Hong Kong. Speaking of Joseph Tsai, he is also famous in China. Joseph Tsai, together with Ma Yun and others, founded Alibaba and has now achieved great success.


Among all the founders of Alibaba, only Joseph Tsai and Ma Yun are the permanent partners of Alibaba. In fact, within Ali, Joseph Tsai has no less influence than Ma Yun. Ma Yun and Joseph Tsai are also the best partners. One is external and the other is internal.

In fact, Joseph Tsai is also a very knowledgeable person. Although he is Canadian, he also loves China very much and has done a lot for China. This time, Joseph Tsai has become an adviser to the Chief Executive and will continue to provide advice for the development of Hong Kong.


In fact, after retirement, Joseph Tsai went to live in the United States, but he has always paid attention to China, and has also done many charities in China. For example, Joseph Tsai set up a basketball charity fund in China to help many Chinese children realize their basketball dreams.


Joseph Tsai was actually born in Taiwan. His father was a big figure in Taiwan's judicial circles and founded the first law firm in Taiwan. Joseph Tsai graduated from Yale University, a famous American university, just like his father. Joseph Tsai's wife was born in the Wu family in Taiwan, and her grandfather was a big man in Tainan. She has a great influence in the political and business circles of Taiwan. Joseph Tsai went to work in Hong Kong after graduation. As a high-end talent in the financial field, he was able to earn an annual salary of one million yuan in Hong Kong at that time.

Later, Joseph Tsai met Ma Yun because of his work. At that time, Joseph Tsai's company planned to invest in Alibaba, so Joseph Tsai was sent to talk with Ma Yun. In the end, Joseph Tsai's company did not invest in Ma Yun, but Joseph Tsai was moved by Ma Yun's enthusiasm and decided to join Alibaba.


At that time, Alibaba was just founded, and no one was optimistic about Jack Ma. Because Jack Ma had completed several projects before but failed. When he founded Alibaba, he had to find more than a dozen friends, students, and so on, and together they raised 500000 yuan to embark on a journey of entrepreneurship.

Joseph Tsai gave up his annual salary of one million yuan to follow Ma Yun, when he was only 500 yuan a month. Joseph Tsai's participation is also very important for Alibaba. After Joseph Tsai joined, he soon made the first investment for Alila. Joseph Tsai's successful richest man Goldman Sachs invested 5 million yuan in Ali.


In addition, after Joseph Tsai joined, many of Alibaba's rules and regulations began to be improved. In the past, Ma Yun and other people worked more casually, and the company did not have any rules and regulations. Joseph Tsai's joining is very important for Ali. Jack Ma is a genius who flies in the sky. Joseph Tsai is a rational financial talent, so the two people just complement each other.


Joseph Tsai can make up for Ma Yun. Two unparalleled talents ultimately achieved Alibaba together. In 2014, Ali was successfully listed. Joseph Tsai is the second largest individual shareholder of Ali, and he has also obtained huge returns on wealth. With the rise of Alibaba's market value, Joseph Tsai once had a wealth of 100 billion yuan.



In 2019, Alibaba was established for 20 years and Ma Yunfeng Fengguang retired. However, many people did not find that Joseph Tsai actually retired with him. Joseph Tsai went to live in the United States after retirement. In fact, it is normal for Joseph Tsai to live in the United States.


After Joseph Tsai arrived in the United States, he also spent 3.5 billion dollars to buy the NBA Nets team. Now Joseph Tsai lives a comfortable life in the United States. But Joseph Tsai's move to the United States is different from that of those wealthy immigrants from mainland China. After all, Joseph Tsai is not a Chinese nationality, and he studied and lived in the United States in his early years.

In fact, many of Cai Chongxin's worldviews are very advanced. He has also been promoting world unity and peace, as well as cooperation between China and the United States. This is very admirable to us. What Joseph Tsai talked about when he was interviewed in the United States can be said to be very bold, but also worthy of our admiration.


Actually, whether a person is worthy of respect or not really has nothing to do with their nationality.


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