Connect with us

Social Stories

Jack Ma Wants His Life Back, Announces Retirement One Year in Advance

Published

Jack Ma Will Retire a Year From Now Because He Wants His Life Back - WORLD OF BUZZ
Source: Taiwan News

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Chinese billionaire Jack Ma has shaken the world once again when he revealed his retirement plan to the public recently. SCMP reported that the executive chairman of Alibaba Group Holding will step down in one year and Daniel Zhang will take up the mantle.

Screen Shot 2018 09 11 at 2.41.37 PM

Source: SCMP

In his letter to staff members, Ma said that it’s time for him to retreat and let the younger generations shine in running the tech giant. Also, he wants to “die on the beaches, not in the office”. Yeap, he said that. 

“When I retired from the CEO position, I told the CEO team (in 2013) I should have more time playing golf on the beach. 

“But I find, oh my God, spent 870 hours in the air last year, and this year, 1,000 hours. The thing is, I don’t want to die in my office. I want to die on the beach,” he said. 

He only became busier after resigning from the CEO position because he had to fly around the world to meet up with heads of governments and talk about the importance of globalisation and technological advancement. That’s the price he had to pay for running a company with over 86,000 employees.

In fact, he said it before in previous interview videos that creating Alibaba was his biggest mistake.

“I was just trying to do a small business and (not) grow that big, take that many responsibilities and get so much trouble. Every day is like being as busy as a president, and I don’t have any power. I don’t have my life. 

“If I still can have the next life, I will never do a business like this. I will be my own self; I want to enjoy my life,” he said.

This sage advice quickly went viral on social media as almost every working adult can relate to his retirement plan. We relate to this on a spiritual level too. 

Anyway, we wish Jack Ma a happy retirement in advance and if he finds the beach a bit too boring, maybe he can brush up on his tai chi skills? XD

 

Also read: M’sian Shares How He Retired Early and the Secret to Spending Your Salary Wisely

msian man shares how he retires by 39 and how you should be spending your salary world of buzz

 

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

My Post 1 2025 12 23T155604.546 My Post 1 2025 12 23T155604.546
News1 hour ago

PDRM: Viral Woman Allegedly Living in KLIA for a Year is a Malaysian Citizen with Mental Health Issues

It was recently reported that a woman, initially thought to be a foreign national but since confirmed as a Malaysian...

My Post 1 2025 12 23T130626.837 My Post 1 2025 12 23T130626.837
News4 hours ago

Malaysia Airports: Global System Glitch Causing Temporary Disruption of Check-in & Boarding

The system that assists flight passengers in checking in and boarding at all airports in Malaysia is currently experiencing a...

Dd FT 69 Dd FT 69
News5 hours ago

“Respect the court’s decision” – PMX Urges Those Who Don’t Sympathise with Najib Not to Escalate Tensions

Yesterday (22 December), the Kuala Lumpur High Court dismissed Datuk Seri Najib Razak’s bid to serve the remainder of his...

Dd FT 68 Dd FT 68
News7 hours ago

Brawl at Johor Police Station as S’porean Man Attacks Compatriot Filing Report, Both Arrested

The Royal Malaysia Police (PDRM) has arrested two Singaporean men in connection with a commotion and indecent behaviour. In a...

Dd FT 67 Dd FT 67
News1 day ago

“Teach them a lesson!” – Dr Akmal Urges UMNO to Withdraw from Govt After Najib’s Failed House Arrest Bid

Earlier today, the Kuala Lumpur High Court dismissed former Prime Minister Datuk Seri Najib Razak’s application to serve the remainder...

My Post 1 2025 12 22T153146.756 My Post 1 2025 12 22T153146.756
News1 day ago

Man Accidentally Crashes Car onto Train Tracks in Negeri Sembilan, Causing Railway Services Disruption

A bizarre accident occurred at a railway station in Tampin, Negeri Sembilan, at about 9 AM today (22 December) and...

My Post 1 2025 12 22T144034.169 My Post 1 2025 12 22T144034.169
News1 day ago

Bomb Explodes in Nilai Parking Lot, PDRM Discovers Large Amount of Explosives Hidden in Shoplot Unit

A bomb reportedly exploded in the parking lot of a commercial area in Nilai, Negeri Sembilan, at about 6 AM...

collage 66 collage 66
News1 day ago

“Race has never defined my work” – Hannah Yeoh Assures Preservation of Malay Villages as FT Minister

Hannah Yeoh officially clocked in as the Minister in the Prime Minister’s Department (Federal Territories) today (22 December) alongside her...

Announcement

Latest Videos



TRENDING TODAY