Jack Ma gave 30% of the shares to the first 18 Arhats

Jack Ma gave a total of 30% of the shares to the first 18 Arhats.

In March 1999, Jack Ma founded Alibaba at home.

There were 17 people who started the business with Jack Ma, plus Jack Ma himself, that’s 18 people, which is often referred to as the “18 Arhats” of Alibaba.

1. Jack Ma, Chairman of the Board, Non-Executive Director

2. Zhang Ying, Consultant

3. Sun Tongyu, President and Executive Vice President of Taobao

4. Wu Yongming, Senior Director of the Group

5. Sheng Yifei, Director of Alipay - Product Technology and User Experience Department - Product Department

6. Lou Wensheng, Product Planner B2B-CCBU - China Market Operation Department - Core Product Department

7. Peng Lei, CHO Group - Human Resources Department

8. Ma Changwei, Manager of Taobao - Product R&D Center - PMUE - User Experience Design

9. Han Min, Director of Alipay - Marketing Operation Department

10. Xie Shihuang, Senior Director B2B-ICBU - Website Product Development Executive Director

11. Dai Shan, Vice President B2B-ICBU Executive Director

12. Jin Yuanying, Senior Manager B2B-ICBU

13. Jiang Fang 14. Jin Jianhang Senior Vice President Group 15. Zhou Yuehong Technology Department B2B-ICBU 16. Cai Chongxin CFO Group Non-Executive Director 17. Shi Yufeng Senior Director 18. Rao Tongtong International Business Department