Jack Ma is one of the IPO in history as a founder and chairman of Alibaba group. Also, he’s now the richest man in China, worth an estimated $29.7 billion. This includes his 7.8% stake in Alibaba and a nearly 50% stake in payment processing service Alipay. Besides, grew up poor in communist China.

published Aug 7th 2016, 4:00 pm, by Masaki Kondo and Will Davies (Bloomberg) —The Land of Smiles really is the happiest place in the world, at least in terms of holding a job and keeping the rising cost of goods in check. The Misery Index, computed by adding inflation to