What Jack Ma is planning: Going to Australia to meet a special benefactor who helped him with 3 million dong, contributing to the future of Alibaba

According to the latest source from Chinese media outlet Yicai, Alibaba co-founder Jack Ma has appeared in Australia, in a hotel in Melbourne. Photos of the recent visit were also spread on Twitter, but Bloomberg News has not verified the authenticity.

However, some sources believe that Jack Ma visited Morley’s family, who more than 40 years ago met him and helped shape Alibaba’s future. The online community also shared some old photos of Jack Ma with this family.

It is known that in 1980, Jack Ma was 16 years old then met and befriended David Morley in Hangzhou, China. At that time, Jack Ma was starting to practice his English speaking ability, so he often found this friend to chat with. The casual relationship to this day is still lasting close.

Once David introduced Jack Ma to his family, Ken Morley – David’s father affirmed to help the poor boy with the amount of 200 Australian dollars (about more than 3 million VND). Although the amount is not large, it is a valuable subsidy to help Jack Ma cope with the harsh life.

Five years later, Jack Ma’s arrival in Australia at the invitation of the Morley family had many positive impacts on the building of a billion-dollar empire.

“ I have to thank Australia for 29 days living in Newcastle. When I arrived in Australia, I found things completely different from what I knew. Since then, I started to change my mind ,” said Jack Ma.

It is known that Jack Ma still keeps in touch with David Morley’s family, even setting up a scholarship fund at Newcastle University called Ma – Morley. This is the school when Mr. Ken often mentioned in daily stories. The purpose of the scholarship fund is to support young people who want to explore, experience and think about the world, thereby inspiring future young leaders. Outstanding students will have the opportunity to receive a cultural exchange scholarship between China and Australia.

It is known that in his success speeches, Jack Ma has never forgotten his old benefactor, even expressing his wish to become someone like Ken Morley. For the billionaire, Ken Morley is a teacher who is always willing to guide and teach little by little.

Billionaire Jack Ma is said to have lived a reclusive life after the controversy surrounding his public criticism of Chinese-controlled banks. In his speech, the Alibaba boss likened the Basel Global Banking Agreement to ” the old people’s club “. He also asserted that the biggest hurdle China is facing is not “systemic risk” but ” lack of a complete financial ecosystem “. Chinese banks have accordingly been likened to “pawnshops” by Jack Ma, while mainland authorities’ renewed efforts are tantamount to ” using train station management to operate airports “.

“ If you borrow 100,000 yuan from a bank, you are a worried person. If you borrow 1 million yuan, both you and the bank are worried. But if you borrow 1 billion yuan, you have nothing to fear. The bank is the one to take care of you ,” said Jack Ma.

“ That day, Jack Ma crossed the invisible line that separates what should and should not be said ,” said Chrisitina Bottrup, a Chinese analyst who commented on Jack Ma’s mistake. so. He believes that Ma himself was also surprised by this tragic ending and if he knew such an event in advance, surely the head of Alibaba group would not take the risk.

According to experts, this statement made Jack Ma throw himself into the “heart of the storm” after bluntly criticizing local management agencies. Tencent, ByteDance, JD.com… – the internet giants in the country of billions of people then had to “comprehensive self-criticism” and cooperate with antitrust authorities – a sad consequence of their involvement. regarding Alibaba.

By: Bloomberg