In September 2019, Jack Ma stepped down as Alibaba's executive chairman; he is succeeded by CEO Daniel Zhang. Alibaba's new CEO Daniel Zhang is an eight-year veteran of the Chinese tech company and "key architect" behind the world's largest online shopping event. Zhang is also not very active on his social media account. Daniel Zhang is one of the popular and billionaire businessman. Alibaba announces Jack Ma succession plan: CEO Daniel Zhang to take over as chairman in a year Published Sun, Sep 9 2018 9:13 PM EDT Updated Mon, Sep 10 2018 7:02 AM EDT Saheli Roy Choudhury @sahelirc The stock price of Alibaba skyrocketed to $211.7 on June 5, 2018, making the company's net worth reach $550 billion, with Ma's net worth peaking at $35.1 billion. Ma, who co-founded Alibaba in 1999, is one of China’s richest people with a net worth of $36.6 billion, according to Forbes. Daniel Zhang or Zhang Yong (simplified Chinese: 张勇; traditional Chinese: 張勇; pinyin: Zhāng Yǒng) is a Chinese technology executive.He is currently the CEO of Alibaba Group. Its 2014 IPO in New York set a record as the world's biggest public stock offering, raising $25 billion. Daniel Zhang is a businessman slated to take over as ... 2018, it was announced by Jack Ma that Zhang would succeed him as the company’s executive ... What is Jack Ma’s net worth? Alibaba's Executive Chairman Jack Ma will step down in September 2019 and hand over the reins to Chief Executive Daniel Zhang, ... 10 September 2018 ... Ma's net worth is $36.6 billion. Haidilao founder Zhang Yong, 49, and wife Shu Ping, 50, emigrated to Singapore in 2018 and rank among the Republic’s wealthiest people. He led the company from his humble beginnings back in his apartment to now what is known as an e-commerce giant worth $420 billion today. He does not seem to have an Instagram account or a Facebook account. Zhang will also retain the CEO title, the company said. Before becoming the CEO, Zhang was best known for his roles as CEO of Taobao and president of Tmall (owned by Alibaba). Daniel Zhang invented Singles' Day, Alibaba's gargantuan $25 billion shopping spree. Everything you need to know about Daniel Zhang, Alibaba's new king He invented Singles' Day, a gargantuan $25 billion shopping spree. In 2018, Alibaba reached the valuation of 500 billion USD, emerging as the 2nd Asian company in this league after Tencent. Along with the announcement, Daniel Zhang … Daniel Marc Snyder was born on 23 November 1964, in Silver Spring, Maryland USA, to Jewish parents Arlette and Gerald Snyder. A former English teacher, Jack Ma cofounded and chairs Alibaba Group, one of the world's largest e-commerce businesses. He will serve as the group's executive chairman beginning from September 2019. 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